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3 San Fernando Pampanga WAGE ORDER NO. RBIII-11 PROVIDING FOR COST OF LIVING ALLOWANCE IN CENTRAL LUZON WHEREAS the Regional Tripartite Wages and Productivity Board - Region III RTWPB III by virtue of Republic Act No. 6727 is mandated to determine and fix minimum wage rates in relation to prevailing socio-economic conditions in the region WHEREAS RTWPB III issued Wage Order No. RBIII-10 granting Cost of Living Allowance to all covered private sector workers in the region effective 20 August...
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RBIII stands for Report of Foreign Bank and Financial Accounts, also known as FinCEN Form 114.
United States persons, including US citizens, residents, and entities, with financial interest in or authority over foreign financial accounts exceeding $10,000 at any time during the year.
RBIII can be filled out electronically through the BSA E-Filing System available on the FinCEN website.
The purpose of RBIII is to report foreign financial accounts to prevent tax evasion and money laundering.
Information such as the name of the foreign financial institution, account number, maximum account value, and the country where the account is located must be reported on RBIII.
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