Foreign Bank Account Reports: Will There Be More Scrutiny of FBARs and Other Disclosure Returns?
Author: Jeffrey D. Moss.
Source: Volume 31, Number 03, Spring 2018 , pp.29-33(5)
< previous article |next article > |return to table of contents
Abstract:
This article summarizes the past and current implementation of the FBAR reporting system and its interplay with the Offshore Voluntary Disclosure Program.Keywords: Foreign Bank Account Report (FBAR), Offshore Voluntary Disclosure Program (OVDP), Streamlined OVDP, offshore accounts, overseas branch bank, failure to file
Affiliations:
1: Dawda, Mann, Mulcahy & Sadler, PLC.