Don't want ads? Subscribe or login now.

Jury Clears Financial Adviser Of $2.2M In FBAR Penalties

By David Hansen · January 17, 2024, 5:51 PM EST

A financial adviser didn't have authority over several foreign accounts that he was accused of failing to report to the Internal Revenue Service, which wrongly assessed him $2.2 million in penalties,...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Case Information

Case Title

United States of America v. Quiel

Case Number

2:21-cv-00094

Court

Arizona

Nature of Suit

Forfeit/Penalty: Other

Date Filed

January 19, 2021

Recent Articles By David

November 22, 2024
Halliburton Omitted Grounds From $35M Refund Suit, US Says
November 21, 2024
Breach Of VAT Rules Can Block €385K Refund, ECJ Rules
November 20, 2024
India's Top Court Allows Tax Credits For Excise Duties Paid
November 14, 2024
Widow Owes $613K After Mexican Tax Dodge, US Tells Court
November 13, 2024
$545K FBAR Fine Is Unconstitutional, Ex-Professor Tells Court
November 12, 2024
UK Insurance Co. Entitled To Refund Of Dutch Dividend Tax
November 07, 2024
Gov't Gets Default In $4.9M Son-Of-Boss Case
November 06, 2024
Gov't Urges 11th Circ. To Rethink FBAR Excessive Fine Ruling
November 05, 2024
$2.2B Reorg Of UK Group Was Tax-Driven, Tribunal Says
November 04, 2024
Ukrainian Pleads To $11M Tax Fraud, Immigration Scheme