$50,000 or $2.72 million? Those are the penalty amounts for the non-willful failure to timely file to report foreign financial accounts at issue in U.S. v Bittner, which will be argued before the U.S. Supreme Court in...more
10/6/2022
/ Beneficiaries ,
Dual Citizenship ,
Failure to Report ,
FBAR ,
Foreign Bank Accounts ,
Foreign Financial Accounts ,
Grantor Trusts ,
IRS ,
Mutual Funds ,
SCOTUS ,
Trustees