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What is no safe haven?
No safe haven is a form used to report foreign financial accounts.
Who is required to file no safe haven?
Individuals who meet the reporting threshold for foreign financial accounts are required to file no safe haven.
How to fill out no safe haven?
No safe haven can be filled out electronically using the FinCEN's BSA E-Filing system or by mailing a paper form.
What is the purpose of no safe haven?
The purpose of no safe haven is to identify taxpayers who may be using foreign accounts to evade taxes.
What information must be reported on no safe haven?
No safe haven requires the reporting of information such as the account owner's name, account number, and maximum value during the reporting period.
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