IRS' $13.7M FBAR Calculations Incorrect, Court Rules

By David Hansen · March 23, 2020, 3:34 PM EDT

The Internal Revenue Service miscalculated a Florida man's $13.7 million penalty for failing to properly file reports on his foreign bank accounts and must redetermine the correct amount, a federal court...

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Documents

Case Information

Case Title

United States of America v. Schwarzbaum

Case Number

9:18-cv-81147

Court

Florida Southern

Nature of Suit

Forfeit/Penalty: Other

Date Filed

August 27, 2018