Eagle Worldwide Inc.(fka ELWD)

[midas716]

This is a must read for all benificiaries of the Fundacion. This is the actual form you will need to fill out EVERY year.

http://www.irs.gov/pub/irs-pdf/f90221.pdf

Notice in the first section it states aggregate value. Meaning even if your deposits are not cash but in PDR form you still must file this form if the assets are greater than $10,000.

Also it does not matter whether a signature on the account is required or not. This is taken directly off the form near the end.

"Other authority exists in a person who can exercise comparable power over an account by direct communication to the bank or other person with whom the account is maintained, either orally or by some other means."

IMO we will have to file this form. Period. No exceptions.

So DS, please explain to us all just why we won't.