Do UK workplace group personal pensions need to be reported on FBAR?
Jul 22nd 2014, 7:07 pm
#106
BE Forum Addict
Joined: Jan 2014
Location: Anchorage, AK, USA
Posts: 1,347
Re: Do UK workplace group personal pensions need to be reported on FBAR?
Too true. However, since our Big Four firm appears to be telling presumably thousands of their clients in the UK and Stateside to leave pensions off FBAR and gaily scatter $0s throughout, there will be LOTS of very cross, very senior multinational exec types taking umbrage at that approach!
Jul 23rd 2014, 7:54 am
#107
Retired
Joined: Apr 2004
Posts: 34,649
Re: Do UK workplace group personal pensions need to be reported on FBAR?
Except that they don't normally levy fines for FBAR mistakes/omissions. Needs to be a serious tax fraud case to get that far.
