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OFFICIAL 2023 EVENT BROCHURE DAY TWO FEATURE:THE MIDDLE EASTS The LARGEST CORPORATE AND INVESTMENT BANKING NETWORKING EVENTS & CAPITAL MARKETS 7th June 2023 Medina Jumeirah, DubaiKEYNOTE SPEAKERORGANISED
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Bank of America is a form used for reporting foreign financial accounts over a certain threshold to the IRS.
US persons, including individuals, corporations, partnerships, and trusts, who have a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds must file the Bank of America form.
The Bank of America form can be filled out electronically through the IRS website or by mailing a paper form to the IRS.
The purpose of the Bank of America form is to report foreign financial accounts to the IRS to help prevent tax evasion.
The Bank of America form requires information about the foreign financial account, including the account number, the name of the financial institution, and the maximum value of the account during the reporting period.
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