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Aug 23rd 2017, 5:56 am
Replies: 10
Views: 1,080
Posted By Dominic0012

Re: Inheritance and banking

Yes, This is relevant. If you dont file properly under FBAR and/or FATCA you could land yourself with a penalty from the IRS. If you hold the $100k in your name overseas you have form 8938 to deal...
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