Tax Law

Recent Posts

DC Court Rejects Bankers Attack on FATCA Regs
Posted on 3 Feb 2014 by Jack Townsend

In Fla. Bankers Ass'n v. United States Dep't of Treasury, 2014 U.S. Dist. LEXIS 3521 (D.D.C. 2014), here , the court sustained the IRS regulations "the regulations requir[ing] U.S. banks to report the amount of interest earned by accountholders... Read More

Tags: offshore bank accounts , FACTA , banks , offshore tax evasion

Sutherland Legal Alert: FinCEN Extends Due Date for Certain FBAR Filers
Posted on 1 Mar 2012 by Sutherland Asbill & Brennan LLP

By Robb Chase and Amanda Pugh On February 14, 2012, the Department of Treasury's Financial Crimes Enforcement Network (FinCEN) issued Notice 2012-1, which extended the filing deadline for both the 2010 and 2011 Report of Foreign Bank and Financial... Read More

Tags: FBAR , Foreign Bank and Financial Accounts , foreign-controlled subsidiary , foreign financial accounts , Sutherland Asbill , FinCEN , SEC , banks , extension of time , filing deadline , financial crimes

Sutherland Legal Alert: FinCEN Extends Due Date for Certain FBAR Filers
Posted on 1 Mar 2012 by Sutherland Asbill & Brennan LLP

By Robb Chase and Amanda Pugh On February 14, 2012, the Department of Treasury's Financial Crimes Enforcement Network (FinCEN) issued Notice 2012-1, which extended the filing deadline for both the 2010 and 2011 Report of Foreign Bank and Financial... Read More

Tags: FBAR , Foreign Bank and Financial Accounts , foreign-controlled subsidiary , foreign financial accounts , Sutherland Asbill , FinCEN , SEC , banks , extension of time , filing deadline , financial crimes