Bloomberg Tax
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Tax
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

Case: Taxpayers Willfully Failed to File FBARs (D. Or.)

Jan. 25, 2023, 5:00 AM

There are genuine issues of material fact regarding whether Taxpayers willfully failed to disclose their Iranian bank accounts in 2011 in FBAR penalty case under 31 U.S.C. § 5321(a)(5)(A); however, Taxpayers willfully failed, as a matter of law, to disclose their Iranian back accounts in subsequent years and their Canadian bank accounts for all three years at issue, a district court held, granting in part and denying in part the government’s motion for partial summary judgment. [Malekzadeh v. United States, No. 3:20-cv-1887-IM (D. Or. Jan. 24, 2023)]

Reference:
View Source Document.