Tax Notes has published an article by Kristen A. Parillo, a contributor of Tax Analysts. The article reports that an IRS official has explained that U.S. investors in offshore hedge funds and private equity funds must file a foreign bank account report (FBAR).
See Kristen A. Parillo, "Hedge Fund, Private Equity Investors Must File FBAR, IRS Confirms," 2009 TNT 122-3 (June 29, 2009)
Posted by Gary Robillard, Associate Editor, Wealth Strategies Journal.

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