Penalty Cap Doesn't Apply To $1.5M FBAR Fine, Court Says

By Yvonne Juris · August 8, 2019, 5:19 PM EDT

A $100,000 cap doesn't apply to a $1.5 million penalty that the Internal Revenue Service imposed on a woman for failing to report a foreign bank account, a California federal court...

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Documents

Case Information

Case Title

United States of America v. Fariba Ely Cohen

Case Number

2:17-cv-01652

Court

California Central

Nature of Suit

Taxes

Date Filed

March 01, 2017