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BySt. Paul | 8.19.2 018Corporate Sponsorship Opportunities Sponsorship Levels presenting: $5,000 SOL D OU T !Family: $2,500Entries Included2015SOL D OU T !Free TshirtsSponsor AdvertisementsYes Top
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What is paul 8?
Paul 8 is a form used to report foreign bank and financial accounts to the IRS.
Who is required to file paul 8?
Any U.S. person with a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds.
How to fill out paul 8?
Paul 8 can be filled out electronically through the BSA E-Filing System or by mailing a paper form to the IRS.
What is the purpose of paul 8?
The purpose of Paul 8 is to help the IRS combat tax evasion by monitoring foreign financial accounts.
What information must be reported on paul 8?
Information such as the name of the financial institution, account number, and the maximum value of the account during the year must be reported on Paul 8.
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