Foreign Bank Account Report

URI: https://gptkb.org/entity/Foreign_Bank_Account_Report
GPTKB entity
Statements (28)
Predicate Object
gptkbp:instanceOf financial reporting requirement
gptkbp:abbreviation gptkb:FBAR
gptkbp:administeredBy gptkb:Financial_Crimes_Enforcement_Network
gptkbp:appliesTo gptkb:U.S._persons
U.S. citizens
U.S. residents
entities organized under U.S. law
gptkbp:electronicFilingRequired true
gptkbp:filingDate gptkb:FinCEN
gptkbp:filingDeadline gptkb:April_15
gptkbp:filingExtensionDeadline October 15
https://www.w3.org/2000/01/rdf-schema#label Foreign Bank Account Report
gptkbp:introducedIn 1970
gptkbp:legalBasis gptkb:Bank_Secrecy_Act
gptkbp:notFiledWith gptkb:IRS
gptkbp:penalty criminal penalties
civil penalties
gptkbp:publicLawNumber gptkb:FinCEN_Form_114
gptkbp:purpose report foreign financial accounts
gptkbp:relatedTo gptkb:IRS_Form_8938
tax compliance
anti-money laundering
offshore accounts
gptkbp:requires gptkb:United_States_Department_of_the_Treasury
gptkbp:threshold aggregate foreign financial accounts exceeding $10,000
gptkbp:bfsParent gptkb:Bank_Secrecy_Act
gptkb:FBAR_(Foreign_Bank_Account_Report)
gptkbp:bfsLayer 6