Introduction
On April 26, 2024 I submitted a comment to the OMB arguing that the time had come for Treasury to exempt Americans abroad from the FBAR filing requirement. I published the comment in the form of a post at my citizenship solutions site.
I am in the process of preparing a presentation called “The Life And Times Of Mr. FBAR” for a professional conference at the end of June. As part of the process of organizing my presentation I have been looking at things I have previously written. I found my comment/argument and created an AI generated podcast and slide show out of it. The podcast is linked to in the tweet below.
A slide summary of the podcast and article is here.
What follows is the April 26, 2024 submission …
Any thoughts/comments would be appreciated.
Why Treasury Should Exempt U.S. Citizens Resident Outside The United States From FBAR Filing
My now exwife, Japanese, cited FBAR/FATCA and CBT among her reasons for our recent divirce.