International Tax Disclosures: Back To The Basics

U.S. taxpayers with authority over foreign accounts are responsible for submitting the Report of Foreign Bank and Financial Accounts (FBAR) and following the Foreign Account Tax Compliance Act (FATCA). Whether a taxpayer must abide by one or both documents depends on a number of factors. Watch as Scott Abrams discusses the differences between these two – as well as the potential consequences of noncompliance.

2018-11-12T15:46:14+00:00January 31st, 2017|INTERNATIONAL TAX, VIDEO|