Texan Calls $1.7M In FBAR Penalties Unconstitutional

By David Hansen · March 13, 2025, 7:22 PM EDT

Constitutional law bars the United States from imposing $1.7 million in penalties for failure to report foreign bank accounts, a Texan said in urging a federal court to dismiss such an assessment...

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Case Information

Case Title

United States of America v. Sagoo

Case Number

4:24-cv-01159

Court

Texas Northern

Nature of Suit

Forfeiture/Penalty: Other

Date Filed

November 27, 2024