The IRS has issued Announcement 2010-16. Announcement 2010-16 suspends for persons who are neither U.S. citizens, U.S. residents, nor domestic entities (corporations, partnerships, trusts, and estates) the requirement to file a Report of Foreign Bank and Financial Accounts ("FBAR").
Posted by Neil I. Rumbak, Associate Editor, Wealth Strategies Journal.
Posted by Neil I. Rumbak, Associate Editor, Wealth Strategies Journal.

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