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작성자 Sadye 작성일24-10-12 20:52

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In 1929, when trading shares crashed as well as the Great Depression began in the 1930s, many banks experienced bankruptcy and were closed. However, Hudson City Bank failed to suffer. Not only did they remain open, but their assets were more than $11 million and they'd reserves of $800,000. World war II, your next major conflict was between 1941 and 1945. Your bank sold U.S. War Bonds and by the end of the 1940s, Hudson City had three offices in Jersey City and ___ 3000__ __ more than $26 million in residence.

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Having a bank account outside the U.S. is not illegal if you report your interest income each year and in case you disclose the account. Generally, accounts by using a balance of $10,000 or more must be disclosed each year on % increase of Foreign Bank and Financial Accounts or ___ 3000__ __ FBAR as subjected to testing commonly called. The FBAR filing is separate from one's yearly tax return.

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