U.S. Income Tax for Expatriates, Nonresidents & US International Tax Matters: 600,000 Dollars in Cash Hidden in Foreign Bank Causes Taxpayer to Go to Prison

California Taxpayer put earnings in Swiss Bank and did not file Fbar sentenced to prison for one year and pays over $500,000 in penalties and taxes. Read more below

http://www.imperialvalleynews.com /index.php /news/california -news/7369-california -man-sentenced-to-prison-for-failure-to-report-foreign-bank-accounts-held-at-ubs.html

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U.S. Income Tax for Expatriates, Nonresidents & US International Tax Matters

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February 28, 2014

600,000 Dollars in Cash Hidden in Foreign Bank Causes Taxpayer to Go to Prison

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