### Question
How does TAXES TO ENFORCE REPORTING ON CERTAIN FOREIGN ACCOUNTS define United States account?


### Answer
Under *26 U.S.C. § 1471*, **United States account** is defined as:

> any financial account which is held by one or more specified United States persons or United States owned foreign entities

#### Citation:
  - *26 U.S.C. § 1471*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 4-TAXES TO ENFORCE REPORTING ON CERTAIN FOREIGN ACCOUNTS**

