FBAR penalties: 'Grossly disproportionate'

The Eleventh Circuit splits with the First Circuit and reduces an FBAR penalty under the Constitution's Excessive Fines Clause.

Sep 10, 2024 - 13:00
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FBAR penalties: 'Grossly disproportionate'
The Eleventh Circuit splits with the First Circuit and reduces an FBAR penalty under the Constitution's Excessive Fines Clause.