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No Need to File ANY form when You (in US) Wire Money

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发表于 6-1-2011 07:29:58 | 只看该作者 回帖奖励 |倒序浏览 |阅读模式
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or Receive money via wire, internationally or domestically--for any amount.

FinCEN-105: Report of International Transportation of Currency or Monetary Instruments (31 USC 5316; 31 CFR 1010.340 and 1010.306).
http://www.fincen.gov/forms/files/fin105_cmir.pdf

Note; FinCEN stands for Financial Crimes Enforcement Network, US Department of Treasury.
http://www.fincen.gov/

Quote: "GENERAL INSTRUCTIONS * * *
WHO MUST FILE:
(1) Each person who physically transports, mails, or ships, or causes to be
physically transported, mailed, or shipped currency or other monetary instruments
in an aggregate amount exceeding $10,000 at one time from the United States to
any place outside the United States or into the United States from any place outside
the United States, and
(2) Each person who receives in the United States currency or other monetary
instruments In an aggregate amount exceeding $10,000 at one time which have been
transported, mailed, or shipped to the person from any place outside the United States.

A TRANSFER OF FUNDS THROUGH NORMAL BANKING PROCEDURES, WHICH
DOES NOT INVOLVE THE PHYSICAL TRANSPORTATION OF CURRENCY OR
MONETARY INSTRUMENTS, IS NOT REQUIRED TO BE REPORTED."

Cf
FAQs Regarding Reporting Cash Payments of Over $10,000 (Form 8300). Internal Revenue Service (IRS), US Department of Treasury, undated.
http://www.irs.gov/businesses/small/article/0,,id=148821,00.html
(money transfer WITHIN United States: "Reportable Transactions: * * *
4. A customer wired $7,000 from his bank account to the dealership's bank account and also presented a $4,000 cashier check. Does the dealership complete Form 8300?
A wire transfer does not constitute cash for Form 8300 reporting. Since the remaining cash remitted was below $10,000, the dealer has no filing requirement.")


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