FBAR Filing Deadline Again Extended for Certain Individuals | Morgan Lewis
To embed, copy and paste the code into your website or blog: Certain individuals who have only signature authority over foreign financial accounts now have until April 15, 2022 to file the Report of Foreign Bank and Financial Accounts. On December 9, 2020, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) released Notice 2020-1, which states that certain persons who are obligated to file FinCEN Form 114: Report of Foreign Bank and Financial Accounts (FBAR) now have until April 15, 2022 to file the form. [1] This extended filing deadline applies to certain i...