Numbered Accounts Offshore – FBAR & FATCA Civil & Criminal Penalty

Numbered Accounts Offshore – FBAR & FATCA Civil & Criminal Penalty – (Golding & Golding) Numbered Accounts Offshore – FBAR & FATCA Civil & Criminal Penalty Numbered Account Offshore: FATCA, FBAR & J5 & Hague expose hidden Numbered Accounts in Switzerland, Luxembourg, Panama, Singapore, Israel & More. Numbered Accounts Offshore Numbered accounts for U.S. Persons in foreign countries were much more common before the IRS got wind of them.  They are called “numbered accounts,” because they are not identified by the account holder (you) — but rather by an ID number. The purpose was not necessarily for any illegal purposes — some people just wanted to put the money aside and forget about it for a while. Technically, they are not illegal — but the IRS has been honing in on these accounts and issuing penalties against the account holders, if the IRS learns that the accounts have not been properly…

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