Access Leading Tax Experts And Technology
In Our Global Digital Marketplace

Please Type Topic Into Search Bar

What is the U.S. definition of “ Resident” for FBAR purposes?

FBAR Resident
TaxConnections Members... Answer This Question Want To be One of Our Tax Experts? Register Here

Tax Professional Answers

User Photo
Dan Gordon
very simply where you reside, live have your abode. Now sometimes one may have a "registered residence" but be traveling or moving around often. But residence is where you return to, and can mean receive you mail etc.
Leave a Comment 50 weeks ago

User Photo
John Richardson
I have not written a post about Mr. FBAR for quite some time. But, a post about the recent Boyd Case at Tax Connections, by Darlene Hart got me thinking about FBAR again. For those interested – where the IRS successfully argued that it was appropriate to impose penalties on each individual account – here is the case:
Those who know little about Mr. FBAR might find this introduction to FBAR – although written in 2012 – helpful. Incidentally, it’s pretty obvious that Russia’s Foreign Bank account reporting laws were based on an admiration of Treasury’s success with the FBAR rules.
Read the post: www.taxconnections.com/taxblog/exercising-broad-regulatory-authority-us-treasury-has-clarified-the-meaning-of-resident-for-fbar-purposes/
Leave a Comment 50 weeks ago

 

View/Select our Current List of Tax Topics

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Previous PageNext Page

INCREASE KNOWLEDGE WITH EVERY ISSUE OF TAXCONNECTIONS

 

Learn from tax advisors, straight to your inbox

Update My Email Address
Contact Us Today