Federal Foreign Account or Asset Statement

Foreign Account or Asset Statement
Form 14452 (Rev. 6-2014)
Form

14452

(June 2014)

Department of the Treasury–Internal Revenue Service

Statement

of

OMB Number
1545-2241

Foreign Account or Asset Statement

Name

Social Security Number

Submit a separate Statement for each foreign account or asset included in your voluntary disclosure. At least one
Statement must be submitted. Respond to each applicable question in the space provided—attachments are appropriate
should additional space be necessary.
1. Name of Foreign Financial Institution
2. Country where Institution is located

3. Contact person at this Institution

4. Is the offshore account a bank account holding cash, money market, or CD

Yes

No

5. Is the offshore account a custodial account holding securities

Yes

No

6. Is the offshore account another type of account or asset

Yes

No

7. If so, what type of account or asset

Bank or Financial Accounts
8. Source of funds within the account

9. Name under which the account was held

10. If held by an entity, type of entity

11. Date account was opened

13. Does the account include Passive Foreign Investment
Company (PFIC) or mutual funds

Yes

12. Date account was closed

No

Other

Other Assets (real estate, artwork, bullion, etc.)
14. Description and location of the asset

15a. Purchase price
15b. Date acquired
16a. Sales price (if sold)
16b. Date of disposition
17. FMV at 12/31/

if asset is still owned

The highest value of this account and/or fair market value of asset over the period of the voluntary disclosure should be
included on the Penalty Computation Worksheet.
Privacy Act and Paperwork Reduction Act Notice
We ask for the information on this foreign account or asset statement to carry out the Internal Revenue laws of the United States. Our authority to ask for information is
sections 6001, 6109, 7801, 7803 and the regulations thereunder. This information will be used to determine and collect the correct amount of tax under the terms of the
offshore voluntary disclosure program. You are not required to apply for participation in the offshore voluntary disclosure program. If you choose to apply, however, you are
required to provide all the information requested on the foreign account or asset statement.
You are not required to provide the information requested on a document that is subject to the Paperwork Reduction Act unless the document displays a valid OMB control
number. Books or records relating to a document or its instructions must be retained as long as their contents may become material in the administration of any Internal
Revenue law. Generally, tax returns and return information are confidential, as required by section 6103. Section 6103, however, allows or requires the Internal Revenue
Service to disclose or give this information to others as described in the Internal Revenue Code. For example, we may disclose this information to the Department of Justice to
enforce the tax laws, both civil and criminal, and to cities, states, the District of Columbia, and U.S. commonwealths or possessions to carry out their tax laws. We may also
disclose this information to other countries under a tax treaty, to federal and state agencies to enforce federal nontax criminal laws, or to federal law enforcement and
intelligence agencies to combat terrorism. Failure to provide this information may delay or prevent processing your application. Providing false information may subject you to
penalties.
The time needed to complete and submit the foreign account or asset statement will vary depending on individual circumstances. The estimated average time is: 2 hour.
If you have comments concerning the accuracy of this time estimate or suggestions for making the foreign account or asset statement simpler, we would be happy to hear
from you. Comments should be sent to the Internal Revenue Service, Attn: IRS Reports Clearance Officer, SE:W:CAR:MP:T:T:SP, Washington, DC 20224.

Catalog Number 61597G

www.irs.gov

Form 14452 (Rev. 6-2014)