• Uncertainties Regarding Applicability of FBAR Filings due June 30, 2009
  • July 8, 2009 | Authors: David I. Shapiro; Brian Kniesly
  • Law Firm: Fried, Frank, Harris, Shriver & Jacobson LLP - New York Office
  • Each United States person who has a financial interest in, or signature or other authority over, any foreign financial accounts must file Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (the "FBAR"), with the US Treasury Department if the aggregate value of these financial accounts exceeds $10,000 at any time during the applicable calendar year.