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US Treasury Department Publishes Final Rule for Foreign Bank Account Reports

  • picture of Jennie Cherry
    Jennie Cherry
  • picture of Rashad Wareh
    Rashad Wareh

US persons with financial interests in, or signature (or other authority) over, foreign bank accounts, securities accounts and other financial accounts are required to report such interests on Form TD F 90-22.1. For any calendar year in which the aggregate value of such accounts exceeds $10,000, this foreign bank account report (FBAR) is due on or before June 30 of the following year. March 3, 2011. Download