Christine Pronek

Foreign bank and financial account reporting: are you at risk as a US person, corporation, or trust?

Posted on 07/05/11 by Bill Faiferlick

If you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust, or other type of foreign financial account, the Bank Secrecy Act may require you to report the account yearly to the Internal Revenue Service by filing Form TD F 90-22.1, Report [...]

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