FBAR
Top Articles from Prashant
News
News

U.S. Citizens May Have to Report Off-Shore Crypto Holdings As per Latest FinCEN Notice

Latest notice from FinCEN intends to subject digital currencies held in overseas accounts to Foreign Bank and Financial Accounts Reporting (FBAR) regime. At present, tax-paying citizens in the US with a foreign financial interest that might include a foreign bank account or brokerage account above $10,000 are required to adhere to the FBAR and submit

Latest notice from FinCEN intends to subject digital currencies held in overseas accounts to Foreign Bank and Financial Accounts Reporting (FBAR) regime. At present, tax-paying citizens in the US with a foreign financial interest that might include a foreign bank account or brokerage account above $10,000 are required to adhere to the FBAR and submit