Weekly Tax Tips
IRS Temporarily Suspends Foreign Bank Account Reporting for Non-US Persons
11 Jun 2009
On June 5, 2009, the IRS announced that persons who are not US citizens, US residents or US domestic entities, do not need to file Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR), for 2008. This form is due on June 30, 2009.
For further information, see our recent Tax Alert article titled "IRS Temporarily Suspends Foreign Bank Account Reporting for Non-US Persons".
This tax tip is a publication of BDO Dunwoody LLP on developments in the area of taxation. This material is general in nature and should not be relied upon to replace the requirement for specific professional advice. The information in this tax tip is current as of 11 Jun 2009.
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