FBAR Willful Blindness Defense Fail – A Friend Said I Didn’t Have to…

FBAR Willful Blindness Defense Fail – A Friend Said I Didn’t Have to… – Golding & Golding FBAR Willful Blindness Defense Fail – A Friend Said I Didn’t Have to… When I was a little rugrat, my friends and I would always seem to find trouble. My Grandma would ask: If your friends told you to jump off a bridge, would you do it?  …No, Grandma. Here is a perfect example about why Grandma is always right — Meet Peter and Susan Horowitz Peter and Susan Horowitz are U.S. Citizens. Peter worked as a Doctor in Saudi Arabia, and they made good money. Over time, their practice thrived, and their pockets swelled. What did they do with the Money? Starting in 1988, Defendants held their money in a Swiss Bank Account at UBS, an institution notorious for helping U.S. Citizens and Residents circumvent U.S. tax laws. The account reached $2,000,000. Thereafter, when they returned to the United States, Peter transferred his…

Read more detail on Recent Tax Law posts –

This entry was posted in Tax Law and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply