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Slide 1 SUPERVISORY ORIENTATION P UP O S E D E F I N E T H E K E Y D U T I E S O F A S U P E R V I S O R D I S C U S S T H E S U P E R V I S O R S R O L E IN HR R E L AT E D P R O C E S S E S D E
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What is purpose?
The purpose is to provide information about financial accounts held by U.S. taxpayers.
Who is required to file purpose?
Any U.S. taxpayer with foreign financial accounts that meet the reporting threshold.
How to fill out purpose?
Purpose can be filled out electronically through the FinCEN website.
What is the purpose of purpose?
The purpose of purpose is to combat tax evasion and money laundering.
What information must be reported on purpose?
Information such as the maximum value of the account during the year and the account number must be reported.
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