U.S. Court Rules Taxpayer’s Noncompliance with FBAR Obligations Was Not Willful

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Friday, September 29, 2017
Author: 
Bruce Zagaris
Volume: 
33
Issue: 
10
Abstract: 

On September 20, 2017, Judge Michael Morris Baylson of the U.S. District Court for the Eastern District of Pennsylvania ruled that taxpayer Arthur Bedrosian was not willful in his failure to comply with his Foreign Bank Account Report obligations.