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Foreign Financial Account Reporting

Posted Jun 23, 2011

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As a reminder, on or before June 30, 2011, any U.S. person with a financial interest in or signature authority over foreign financial accounts generally must file Form TD F 90-22.1, “Report of Foreign Bank and Financial Accounts” (FBAR) if, at any point during the 2010 calendar year, the aggregate value of the accounts exceeds $10,000. The June 30, 2011 deadline is when the Form TD F 90-22.1 is received, not when mailed.

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