Expat Exchange – FBAR and Jail. What do they have in common? – FBAR, Exapt Tax, FACTA

FBAR and Jail. What do they have in common? By ZM Ishmurzina

Summary: The history of the FBAR goes back to the Bank Secrecy Act of 1970 and Title 31 of the US Tax Code. However, only recently the IRS has started to enforce the rules and even prosecute individuals.

via Expat Exchange – FBAR and Jail. What do they have in common? – FBAR, Exapt Tax, FACTA.

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