The Report of Foreign Bank and Financial Accounts (FinCEN Form 114) commonly called the FBAR is a crucial reporting requirement for U.S. persons with foreign financial accounts. With the deadline for ...

Whether you're an expat or U.S.-based, you may need to report your foreign accounts to the U.S. Department of the Treasury by April 15 — or face costly tax penalties. The anti-money laundering Bank ...

This guide explains that disclosure under Schedule FA is mandatory, even for zero-income foreign accounts or unsold RSUs. Following calendar-year reporting and proper documentation helps avoid ...

Americans put millions of dollars in foreign accounts each year for a number of reasons. If you have friends or family abroad, do business overseas, have dual citizenship or plan to move, you might ...

In an era of increasing scrutiny on offshore accounts, the U.S. government has aggressively pursued individuals who fail to disclose their foreign financial holdings. The recent case of U.S. v. Leeds, ...

Indian ROR taxpayers must disclose all foreign assets and interests in Schedule FA, even if non-taxable abroad. Non-compliance can trigger strict penalties under the Black Money Act, though a ₹20 lakh ...

Opening and operation of accounts with financial institutions abroad Monday, 05 January 2026 Foreign exchange legislation ...

After several interruptions from protesters supporting abortion rights, the court settled into a relatively pedestrian argument Wednesday in Bittner v. United States. The case is slight, involving ...

Ujjivan Small Finance Bank launches foreign exchange services and EEFC accounts, enhancing international banking for ...

Donald Trump had foreign bank accounts in China, the UK, Ireland and St Maarten during his presidency, and in his first year in the White House paid more foreign tax than US, his returns have shown.