Home / NEWS / Wealth / How to avoid a 6-figure tax penalty on foreign bank accounts

How to avoid a 6-figure tax penalty on foreign bank accounts

If you deliver overseas financial accounts, you may need to disclose balances to the U.S. Department of the Treasury by April 15 or incur a steep tax penance.

Check Also

Shares of Cartier owner Richemont jump 16% as sales rise in December quarter

Shoppers back number a Cartier luxury store, operated by Cie. Financiere Richemont SA, in the …

Leave a Reply

Your email address will not be published. Required fields are marked *