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EPGD Law Blog

Month: March 2018
report of foreign bank
Business Law
Eric Gros-Dubois

What is FBAR?

The Bank Secrecy Act rules require taxpayers with financial accounts outside of the United States which total more than $10,000 in the aggregate to file an annual report – called the Report of Foreign Bank and Financial Accounts or “FBAR” – with the IRS.

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