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  • Tax Trivia Giveaway #7: Bank Secrecy Act

Tax Trivia Giveaway #7: Bank Secrecy Act

Kelly Phillips ErbFebruary 6, 2012June 1, 2020

Our next tax trivia question is:

Congress passed the Bank Secrecy Act (sometimes referred to as BSA or the Currency and Foreign Transactions Reporting Act), which included cash reporting requirements and FBAR (Report of Foreign Bank and Financial Accounts) rules, in 1970 as the first laws to fight which crime in the US?

For more about the giveaway, including rules and prizes, check out this post.

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Kelly Phillips Erb
Kelly Phillips Erb is a tax attorney, tax writer, and podcaster.
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Bank-Secrecy-Act, FBAR

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