Couple Owe Reduced FBAR Penalty Of $400K, Court Says

By David Hansen · February 2, 2024, 6:44 PM EST

An Oregon couple must pay almost $400,000 in fines, interest and penalties for failing to report their foreign bank accounts to the Internal Revenue Service, a federal court said....

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Documents

Case Information

Case Title

United States of America v. Mahyari et al

Case Number

3:20-cv-01887

Court

Oregon

Nature of Suit

Forfeit/Penalty: Other

Date Filed

November 02, 2020