The Knowledge Group Has Scheduled a Live Webcast on Challenging Foreign Bank and Financial Accounts (FBAR) Penalties

Top Quote The Knowledge Group, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: Challenging Foreign Bank and Financial Accounts (FBAR) Penalties: Practical Guide in Defending Against Assessments. This event is scheduled on Wednesday, July 11, 2018 from 12:00 pm – 1:00 pm (ET). End Quote
  • (1888PressRelease) July 10, 2018 - Event Synopsis:
    With the Internal Revenue Service’s (IRS') continued aggressive enforcement of Foreign Bank Account Report (FBAR) requirement, U.S. taxpayers who are subjected to IRS investigation for unreported foreign bank accounts must carefully decide on and optimize defensive positions against potential FBAR penalties. Because FBAR penalties are governed by Title 31 of the U.S. Code, which deals with money laundering, rather than by the Internal Revenue Code, account holders are provided with the opportunity to challenge penalty assessments under the Administrative Procedure Act (APA). Several aspects of FBAR penalty assessments may be susceptible to APA arguments which the account holder, with the help of an adviser, can take into consideration when deciding on a strategy.

    Listen as a panel of distinguished practitioners organized by The Knowledge Group provides the audience with a thorough and practical guide for challenging FBAR penalties. Speakers, among other things, will also offer helpful insights on the applicability of APA to FBAR penalty litigation.

    In a LIVE Webcast, the speakers will discuss:
    • Understanding FBAR Penalty Assessment
    • Applicability of APA to FBAR Penalty Assessment
    • When to Bring an Action under APA
    • Strategic Considerations
    • Significant Court Decisions
    • Developing a Defense Strategy

    Speakers/Faculty Panel
    Ian M. Comisky
    Fox Rothschild LLP

    David Gannaway
    PKF O’Connor Davies, LLP

    For an updated list of the faculty panel, please visit:

    About The Knowledge Group/The Knowledge Congress Live Webcast Series
    The Knowledge Group brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance. Visit for further information and inquiry.

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