itonewbie
Level 15
01-08-2020
07:59 PM
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@swongtax wrote:
So, it looks like the rule for Foreign IRA account reporting has changed.
FBAR reporting requirements have not changed. It could be position the presenter takes. You'd have to take a decision whether to follow that position (even though no citation was provided), taking into the penalty provisions, and advise your client accordingly.
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