FBAR

Offshore Poker Accounts Not Subject to FBAR Reporting

The US Court of Appeals for the Ninth Circuit recently overturned a lower court ruling regarding FBAR (Foreign Bank and Financial Accounts Report -- Treasury Form TD F 90-22.1).

Essentially, "pure offshore poker accounts" are not reportable under FBAR, but offshore "money transmission" accounts are reportable.

From the judgement :

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