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University of South DakotaUSD RED Dissertations and ThesesTheses, Dissertations, and Student Projects2023Promoting WellBeing Among Intercollegiate StudentAthletes: A Gratitude Intervention Using Positive
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USD red refers to the 'United States Department of the Treasury's Report of Foreign Bank and Financial Accounts' (FBAR), which is filed electronically to report foreign accounts.
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The purpose of USD red is to prevent tax evasion by U.S. citizens and residents who may be hiding money in foreign accounts, ensuring transparency in international financial dealings.
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The information that must be reported on USD red includes the account holder's name, address, taxpayer identification number, the name and address of the foreign financial institution, account numbers, and the maximum value of each account during the reporting period.
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