US Treasury extends FBAR foreign account deadline after error

Pedro Gonçalves
clock
US Treasury extends FBAR foreign account deadline after error

The US Department of the Treasury has been forced to push back the filing deadline for all taxpayers' foreign bank account reports (FBARs) for the 2019 tax year, from 14 October to 31 October 2020, due to an administrative error.  FinCEN, the Financial Crimes Enforcement Network unit of the Treasury Department that handles millions of FBAR reports on foreign bank accounts, posted a notice to its website saying that this year's deadline to e-file calendar year 2019 FBARs on the Bank Secrecy...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login