USA Foreign account signatories

US: Foreign account signatories given an extra year to file FBARs

Individuals with signature-only authority over foreign financial accounts have been granted until 15 April 2020 to file their report of foreign bank and financial accounts (FBAR) forms to the US Internal Revenue Service for the tax year just ended. Previously the deadline was 15 April 2019, consistent with the federal income tax due date.

As per: Hugo van Zyl –

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