PUBLIC SUBMISSION

As of: 1/15/21 10:19 AM
Received: January 14, 2021
Status: Non_Public
Tracking No. kjx-a8ph-l4p0
Comments Due: January 15, 2021
Submission Type: Web

Docket: FINCEN-2020-0013
Agency Information Collection Activities; Proposed Renewal; Comment Request; Renewal Without Change of Reports of Foreign Financial Accounts Regulations and FinCEN Report 114, Report of Foreign Bank And Financial Accounts

Comment On: FINCEN-2020-0013-0001
Agency Information Collection Activities; Proposals, Submissions, and Approvals: Renewal Without Change of Reports of Foreign Financial Accounts Regulations and FinCEN Report 114, Report of Foreign Bank and Financial Accounts

Document: FINCEN-2020-0013-DRAFT-0023
Comment on FR Doc # 2020-25216


Submitter Information

Name: Ryan Wilber
Address: United States, 

General Comment

At a minimum, I believe the threshold reporting requirement should be raised. Many expats, myself included, find the reporting requirements cumbersome with the current thresholds. In addition to the other requirements the US imposes on expatriots few to no other countries do, this is another unnecessary regulation.