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2021 FBAR Conversion Rates | FBAR Tax Lawyer & Attorney

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The 2021 FBAR conversion rates are highly important in US international tax compliance. The 2021 FBAR and 2021 Form 8938 instructions both require that 2021 FBAR conversion rates be used to report the required highest balances of foreign financial assets on these forms (in the case of Form 8938, the 2021 FBAR conversion rates is the default choice, not an exclusive one). In other words, the 2021 FBAR conversion rates are used to translate foreign-currency highest balances into US dollars for the purposes of FBAR and Form 8938 compliance.

The U.S. Department of Treasury  already published the 2021 FBAR conversion rates online (they are called “Treasury’s Financial Management Service rates” or the “FMS rates”).

Since the 2021 FBAR conversion rates are highly important to US taxpayers, international tax lawyers and international tax accountants, Sherayzen Law Office provides the table below listing the official 2021 FBAR conversion rates (note that the readers still need to refer to the official website for any updates).

Country – Currency Foreign Currency to $1.00
AFGHANISTAN – AFGHANI103.4000
ALBANIA – LEK105.9500
ALGERIA – DINAR138.2840
ANGOLA – KWANZA562.4400
ANTIGUA – BARBUDA – E. CARIBBEAN DOLLAR2.7000
ARGENTINA – PESO107.7500
ARMENIA – DRAM485.0000
AUSTRALIA – DOLLAR1.3750
AUSTRIA – EURO0.8820
AZERBAIJAN – NEW MANAT1.7000
BAHAMAS – DOLLAR1.0000
BAHRAIN – DINAR0.3770
BANGLADESH – TAKA86.0000
BARBADOS – DOLLAR2.0200
BELARUS – NEW RUBLE2.5440
BELGIUM – EURO0.8820
BELIZE – DOLLAR2.0000
BENIN – CFA FRANC581.8400
BERMUDA – DOLLAR1.0000
BOLIVIA – BOLIVIANO6.8200
BOSNIA – MARKA1.7240
BOTSWANA – PULA11.7100
BRAZIL – REAL5.6680
BRUNEI – DOLLAR1.3520
BULGARIA – LEV New1.7240
BURKINA FASO – CFA FRANC581.8400
BURMA – KYAT1,769.5000
BURUNDI – FRANC1,989.1000
CAMBODIA – RIEL4051.0000
CAMEROON – CFA FRANC578.2400
CANADA – DOLLAR1.2770
CAPE VERDE – ESCUDO97.2200
CAYMAN ISLANDS – DOLLAR0.8200
CENTRAL AFRICAN REPUBLIC – CFA FRANC578.2400
CHAD – CFA FRANC578.2400
CHILE – PESO842.5000
CHINA – RENMINBI6.3730
COLOMBIA – PESO4030.4300
COMOROS – FRANC434.7300
CONGO – CFA FRANC578.2400
COSTA RICA – COLON638.2700
COTE D’IVOIRE – CFA FRANC581.8400
CROATIA – KUNA6.4500
CUBA – Chavito1.0000
CYPRUS – EURO0.8820
CZECH REPUBLIC – KORUNA21.4170
DEM. REP. OF CONGO – FRANC1,987.8000
DENMARK – KRONE6.5560
DJIBOUTI – FRANC177.0000
DOMINICAN REPUBLIC – PESO56.7900
ECUADOR – DOLARES1.0000
EGYPT – POUND15.6800
EL SALVADOR – DOLARES1.0000
EQUATORIAL GUINEA – CFA FRANC578.2400
ERITREA – NAKFA15.0000
ESTONIA – EURO0.8820
ETHIOPIA – BIRR49.1320
EURO ZONE – EURO0.8820
FIJI – DOLLAR2.1030
FINLAND – EURO0.8820
FRANCE – EURO0.8820
GABON – CFA FRANC578.2400
GAMBIA – DALASI52.0000
GEORGIA – LARI3.0750
GERMANY – EURO0.8820
GHANA – CEDI6.0500
GREECE – EURO0.8820
GRENADA – EAST CARIBBEAN DOLLAR2.7000
GUATEMALA – QUENTZAL7.7000
GUINEA BISSAU – CFA FRANC581.8400
GUINEA – FRANC9234.2000
GUYANA – DOLLAR215.0000
HAITI – GOURDE99.7710
HONDURAS – LEMPIRA24.2540
HONG KONG – DOLLAR7.7990
HUNGARY – FORINT326.3200
ICELAND – KRONA129.9800
INDIA – RUPEE74.3430
INDONESIA – RUPIAH14,195.2800
IRAN – RIAL42,000.0000
IRAQ – DINAR1,458.5400
IRELAND – EURO0.8820
ISRAEL – SHEKEL3.0990
ITALY – EURO0.8820
JAMAICA – DOLLAR155.0000
JAPAN – YEN115.0400
JORDAN – DINAR0.7080
KAZAKHSTAN – TENGE436.8800
KENYA – SHILLING113.0500
KOREA – WON1,188.9200
KOSOVO – EURO0.8820
KUWAIT – DINAR0.3020
KYRGYZSTAN – SOM84.7910
LAOS – KIP11,148.8000
LATVIA – EURO0.8820
LEBANON – POUND1,500.0000
LESOTHO – MALOTI15.8820
LIBERIA – DOLLAR143.7000
LIBYA – DINAR4.5870
LITHUANIA – EURO0.8820
LUXEMBOURG – EURO0.8820
MADAGASCAR – ARIARY3,902.0000
MALAWI – KWACHA920.0000
MALAYSIA – RINGGIT4.1750
MALDIVES – RUFIYAA15.4200
MALI – CFA FRANC581.8400
MALTA – EURO0.8820
MARSHALL ISLANDS – DOLLAR1.0000
MARTINIQUE – EURO0.8820
MAURITANIA – OUGUIYA37.0000
MAURITIUS – RUPEE43.7500
MEXICO – PESO20.5310
MICRONESIA – DOLLAR1.0000
MOLDOVA – LEU17.6370
MONGOLIA – TUGRIK2,848.6300
MONTENEGRO – EURO0.8820
MOROCCO – DIRHAM9.2710
MOZAMBIQUE – METICAL 63.2000
NAMIBIA – DOLLAR15.8820
NEPAL – RUPEE119.3500
NETHERLANDS – EURO0.8820
NETHERLANDS ANTILLES – GUILDER1.7800
NEW ZEALAND – DOLLAR1.4600
NICARAGUA – CORDOBA35.5000
NIGER – CFA FRANC581.8400
NIGERIA – NAIRA405.0000
NORWAY – KRONE8.7780
OMAN – RIAL0.3850
PAKISTAN – RUPEE177.9700
PANAMA – BALBOANot Listed
PANAMA – DOLARES1.0000
PAPUA NEW GUINEA – KINA3.5090
PARAGUAY – GUARANI6,854.0000
PERU – SOL3.9690
PHILIPPINES – PESO51.0300
POLAND – ZLOTY4.0530
PORTUGAL – EURO0.8820
QATAR – RIYAL3.6400
REP. OF N MACEDONIA – DINAR54.2300
REPUBLIC OF PALAU – DOLLAR1.0000
ROMANIA – NEW LEU 4.3610
RUSSIA – RUBLE74.9990
RWANDA – FRANC1000.0000
SAO TOME & PRINCIPE – NEW DOBRAS21.6230
SAUDI ARABIA – RIYAL3.7500
SENEGAL – CFA FRANC581.8400
SERBIA – DINAR103.5800
SEYCHELLES – RUPEE13.3300
SIERRA LEONE – LEONE11,221.7000
SINGAPORE – DOLLAR1.3520
SLOVAK REPUBLIC – EURO0.8820
SLOVENIA – EURO0.8820
SOLOMON ISLANDS – DOLLAR7.8860
SOMALI – SHILLING575.0000
SOUTH AFRICA – RAND15.8820
SOUTH SUDANESE – POUND421.0000
SPAIN – EURO0.8820
SRI LANKA – RUPEE202.7500
ST LUCIA – E CARIBBEAN DOLLAR2.7000
SUDAN – SUDANESE POUND449.0000
SURINAME – GUILDER19.5310
SWAZILAND – LANGENI15.8820
SWEDEN – KRONA9.0250
SWITZERLAND – FRANC0.9140
SYRIA – POUND2,511.0000
TAIWAN – DOLLAR27.7070
TAJIKISTAN – SOMONI11.2800
TANZANIA – SHILLING2,302.0000
THAILAND – BAHT33.4000
TIMOR – LESTE DILI1.0000
TOGO – CFA FRANC581.8400
TONGA – PA’ANGA2.2290
TRINIDAD & TOBAGO – DOLLAR6.7590
TUNISIA – DINAR2.8760
TURKEY – NEW LIRA12.9560
TURKMENISTAN – NEW MANAT3.4910
UGANDA – SHILLING3,537.0000
UKRAINE – HRYVNIA27.3220
UNITED ARAB EMIRATES – DIRHAM3.6730
UNITED KINGDOM – POUND STERLING0.7400
URUGUAY – PESO44.4500
UZBEKISTAN – SOM10,805.7000
VANUATU – VATU111.2200
VENEZUELA – BOLIVAR SOBERANO4.5780
VENEZUELA – FUERTE (OLD)248,832.0000
VIETNAM – DONG22,765.0000
WESTERN SAMOA – TALA2.5650
YEMEN – RIAL580.0000
ZAMBIA – NEW KWACHA16.6320
ZIMBABWE – RTGS105.9490

2020 FBAR Conversion Rates | FBAR Tax Lawyer & Attorney

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The 2020 FBAR conversion rates are highly important in US international tax compliance. The 2020 FBAR and 2020 Form 8938 instructions both require that 2020 FBAR conversion rates be used to report the required highest balances of foreign financial assets on these forms (in the case of Form 8938, the 2020 FBAR conversion rates is the default choice, not an exclusive one). In other words, the 2020 FBAR conversion rates are used to translate foreign-currency highest balances into US dollars for the purposes of FBAR and Form 8938 compliance.

The U.S. Department of Treasury  already published the 2020 FBAR conversion rates online (they are called “Treasury’s Financial Management Service rates” or the “FMS rates”).

Since the 2020 FBAR conversion rates are highly important to US taxpayers, international tax lawyers and international tax accountants, Sherayzen Law Office provides the table below listing the official 2020 FBAR conversion rates (note that the readers still need to refer to the official website for any updates).

Country – Currency Foreign Currency to $1.00
AFGHANISTAN – AFGHANI77.0900
ALBANIA – LEK100.3500
ALGERIA – DINAR132.2120
ANGOLA – KWANZA649.6000
ANTIGUA – BARBUDA – E. CARIBBEAN DOLLAR2.7000
ARGENTINA – PESO89.2500
ARMENIA – DRAM515.0000
AUSTRALIA – DOLLAR1.2940
AUSTRIA – EURO0.8150
AZERBAIJAN – NEW MANAT1.7000
BAHAMAS – DOLLAR1.0000
BAHRAIN – DINAR0.3770
BANGLADESH – TAKA85.0000
BARBADOS – DOLLAR2.0200
BELARUS – NEW RUBLE2.5980
BELGIUM – EURO0.8150
BELIZE – DOLLAR2.0000
BENIN – CFA FRANC529.0000
BERMUDA – DOLLAR1.0000
BOLIVIA – BOLIVIANO6.8100
BOSNIA – MARKA1.5940
BOTSWANA – PULA10.7990
BRAZIL – REAL5.1940
BRUNEI – DOLLAR1.3220
BULGARIA – LEV1.5940
BURKINA FASO – CFA FRANC529.0000
BURMA-KYAT1,326.0000
BURUNDI – FRANC1,930.6100
CAMBODIA (KHMER) – RIEL4,051.0000
CAMEROON – CFA FRANC529.2600
CANADA – DOLLAR1.2750
CAPE VERDE – ESCUDO89.8300
CAYMAN ISLANDS – DOLLAR0.8200
CENTRAL AFRICAN REPUBLIC – CFA FRANC529.2600
CHAD – CFA FRANC529.2600
CHILE – PESO709.7500
CHINA – RENMINBI6.5400
COLOMBIA – PESO3,414.5000
COMOROS – FRANC400.6200
CONGO – CFA FRANC529.2600
COSTA RICA – COLON609.1000
COTE D’IVOIRE – CFA FRANC529.0000
CROATIA – KUNA5.9500
CUBA – Chavito1.0000
CYPRUS – EURO0.8150
CZECH REPUBLIC – KORUNA20.7540
DEM. REP. OF CONGO – FRANC1,966.4800
DENMARK – KRONE6.0650
DJIBOUTI – FRANC177.0000
DOMINICAN REPUBLIC – PESO58.1400
ECUADOR – DOLARES1.0000
EGYPT – POUND15.6900
EL SALVADOR – DOLARES1.0000
EQUATORIAL GUINEA – CFA FRANC529.2600
ERITREA – NAKFA15.0000
ESTONIA – EURO0.8150
ETHIOPIA – BIRR39.1810
EURO ZONE – EURO0.8150
FIJI – DOLLAR2.0040
FINLAND – EURO0.8150
FRANCE – EURO0.8150
GABON – CFA FRANC529.2600
GAMBIA – DALASI52.0000
GEORGIA – LARI3.2700
GERMANY – EURO0.8150
GHANA – CEDI5.8100
GREECE – EURO0.8150
GRENADA – EAST CARIBBEAN DOLLAR2.7000
GUATEMALA – QUENTZAL7.7800
GUINEA BISSAU – CFA FRANC529.0000
GUINEA – FRANC9,990.0000
GUYANA – DOLLAR215.0000
HAITI – GOURDE71.6060
HONDURAS – LEMPIRA25.0000
HONG KONG – DOLLAR7.7530
HUNGARY – FORINT296.7600
ICELAND – KRONA127.1100
INDIA – RUPEE73.0340
INDONESIA – RUPIAH14,028.0000
IRAN – RIAL42,000.0000
IRAQ – DINAR1,138.0000
IRELAND – EURO0.8150
ISRAEL – SHEKEL3.2130
ITALY – EURO0.8150
JAMAICA – DOLLAR150.0000
JAPAN – YEN103.0800
JORDAN – DINAR0.7080
KAZAKHSTAN – TENGE421.2700
KENYA – SHILLING109.1000
KOREA – WON1,087.6600
KOSOVO – EURO0.8150
KUWAIT – DINAR0.3040
KYRGYZSTAN – SOM82.6500
LAOS – KIP9,280.0000
LATVIA – EURO0.8150
LEBANON – POUND1,500.0000
LESOTHO – MALOTI14.6730
LIBERIA – DOLLAR163.0000
LIBYA – DINAR1.3330
LITHUANIA – EURO0.8150
LUXEMBOURG – EURO0.8150
MADAGASCAR – ARIARY3,824.8000
MALAWI – KWACHA820.0000
MALAYSIA – RINGGIT4.0200
MALDIVES – RUFIYAA15.4200
MALI – CFA FRANC529.0000
MALTA – EURO0.8150
MARSHALL ISLANDS – DOLLAR1.0000
MARTINIQUE – EURO0.8150
MAURITANIA – OUGUIYA37.0000
MAURITIUS – RUPEE39.5500
MEXICO – PESO19.9130
MICRONESIA – DOLLAR1.0000
MOLDOVA – LEU17.0800
MONGOLIA – TUGRIK2,849.7700
MONTENEGRO – EURO0.8150
MOROCCO – DIRHAM8.9170
MOZAMBIQUE – METICAL 74.2000
NAMIBIA – DOLLAR14.6730
NEPAL – RUPEE117.0000
NETHERLANDS – EURO0.8150
NETHERLANDS ANTILLES – GUILDER1.7800
NEW ZEALAND – DOLLAR1.3830
NICARAGUA – CORDOBA34.9000
NIGER – CFA FRANC529.0000
NIGERIA – NAIRA385.0000
NORWAY – KRONE8.5300
OMAN – RIAL0.3850
PAKISTAN – RUPEE159.7500
PANAMA – BALBOA1.0000
PANAMA – DOLARES1.0000
PAPUA NEW GUINEA – KINA3.5090
PARAGUAY – GUARANI6,891.9600
PERU – SOL3.6190
PHILIPPINES – PESO48.1730
POLAND – ZLOTY3.7130
PORTUGAL – EURO0.8150
QATAR – RIYAL3.6400
REP. OF N MACEDONIA – DINAR50.1300
REPUBLIC OF PALAU – DOLLAR1.0000
ROMANIA – NEW LEU 3.9660
RUSSIA – RUBLE74.4600
RWANDA – FRANC950.0000
SAO TOME & PRINCIPE – NEW DOBRAS20.0510
SAUDI ARABIA – RIYAL3.7500
SENEGAL – CFA FRANC529.0000
SERBIA – DINAR95.8000
SEYCHELLES – RUPEE20.9100
SIERRA LEONE – LEONE9,997.0000
SINGAPORE – DOLLAR1.3220
SLOVAK REPUBLIC – EURO0.8150
SLOVENIA – EURO0.8150
SOLOMON ISLANDS – DOLLAR7.7340
SOMALI – SHILLING575.0000
SOUTH AFRICA – RAND14.6730
SOUTH SUDANESE – POUND177.0000
SPAIN – EURO0.8150
SRI LANKA – RUPEE185.0000
ST LUCIA – E CARIBBEAN DOLLAR2.7000
SUDAN – SUDANESE POUND55.0000
SURINAME – GUILDER14.2900
SWAZILAND – LANGENI14.6730
SWEDEN – KRONA8.1720
SWITZERLAND – FRANC0.8810
SYRIA – POUND1,256.0000
TAIWAN – DOLLAR28.0740
TAJIKISTAN – SOMONI11.3250
TANZANIA – SHILLING2,314.0000
THAILAND – BAHT29.9200
TIMOR – LESTE DILI1.0000
TOGO – CFA FRANC529.0000
TONGA – PA’ANGA2.1980
TRINIDAD & TOBAGO – DOLLAR6.6980
TUNISIA – DINAR2.6830
TURKEY – LIRA7.4240
TURKMENISTAN – NEW MANAT3.4910
UGANDA – SHILLING3,649.0000
UKRAINE – HRYVNIA28.3000
UNITED ARAB EMIRATES – DIRHAM3.6730
UNITED KINGDOM – POUND STERLING0.7320
URUGUAY – PESO42.1400
UZBEKISTAN – SOM10,471.9200
VANUATU – VATU106.2300
VENEZUELA – BOLIVAR SOBERANO1,104,430.5870
VENEZUELA – FUERTE (OLD)248,832.0000
VIETNAM – DONG23,070.0000
WESTERN SAMOA – TALA2.4440
YEMEN – RIAL480.0000
ZAMBIA – NEW KWACHA21.1400
ZIMBABWE – RTGS79.7420

October 31 2020 FBAR Deadline | FBAR Tax Lawyer & Attorney

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US taxpayers can still timely file their 2019 FBAR (Report of Foreign Bank and Financial Accounts) by the new October 31 2020 FBAR deadline. This FBAR deadline extension is highly unusual and requires some explanation.

October 31 2020 FBAR Deadline: What is FBAR?

The Report of Foreign Bank and Financial Accounts (“FBAR”) is officially known as FinCen Form 114. This form must be filed by US persons with an ownership interest in or signatory authority or any other authority over foreign bank and financial accounts if the aggregate value of such accounts exceeds $10,000 at any point during a calendar year. This is a very important US international information return; a failure to timely and correctly file an FBAR may result in an imposition of draconian FBAR penalties. This is why it is so important to learn about FBAR deadlines.

October 31 2020 FBAR Deadline & FinCEN Mistake

The 2019 FBAR deadline extension became possible as a result of an incorrect message posted by FinCEN on its BSA (Bank Secrecy Act) website. On October 14, 2020, FinCEN posted a message that incorrectly stated that the 2019 FBAR deadline was extended to December 31, 2020 for all FBAR filers. Within twenty-four hours, FinCEN removed the message.

On October 16, 2020, FinCEN posted a corrected message that stated that the extension to December 31, 2020, was intended only for victims of recent natural disasters listed in FinCEN’s October 6, 2020 notice.

Since, however, there were filers who have missed the October 15 deadline due to the incorrect October 14 message, FinCEN decided to allow these filers to have an extra couple of weeks to file their 2019 FBARs. For this reason, FinCEN established a new October 31 2020 FBAR deadline for all FBAR filers (except those who were victims of natural disasters listed in the aforementioned October 6 list).

October 31 2020 FBAR Deadline & December 31 2020 FBAR Deadline

Thus, there are two separate FBAR filing deadline extensions still outstanding. The first one is the October 31 2020 FBAR deadline which applies to all FBAR filers except the ones who are also eligible for the second deadline extension.

The second deadline extension to December 31, 2020 applies only to victims of natural disasters listed in FinCEN’s October 6, 2020 notice.

Contact Sherayzen Law Office for Professional Help with FBAR Compliance

Sherayzen Law Office is a leading US international tax law firm that specializes in US international tax law and FBAR compliance. We have filed thousands of FBARs for our clients. We have also helped US taxpayers from over 70 countries to deal with FBAR filing violations for prior years, including as part of a voluntary disclosure (such as Streamlined Domestic Offshore Procedures, Streamlined Foreign Offshore Procedures, Delinquent FBAR Submission Procedures and Reasonable Cause disclosures). Our FBAR clients include individuals, corporations, partnerships, estates, trusts and disregarded entities.

We can help you! Contact Us Today To Schedule Your Confidential Consultation!

2019 FBAR Conversion Rates | FBAR Tax Lawyer & Attorney

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The 2019 FBAR conversion rates are highly important in US international tax compliance. The 2019 FBAR and 2019 Form 8938 instructions both require that 2019 FBAR conversion rates be used to report the required highest balances of foreign financial assets on these forms (in the case of Form 8938, the 2019 FBAR conversion rates is the default choice, not an exclusive one). In other words, the 2019 FBAR conversion rates are used to translate foreign-currency highest balances into US dollars for the purposes of FBAR and Form 8938 compliance.

The U.S. Department of Treasury  already published the 2019 FBAR conversion rates online (they are called “Treasury’s Financial Management Service rates” or the “FMS rates”).

Since the 2019 FBAR conversion rates are highly important to US taxpayers, international tax lawyers and international tax accountants, Sherayzen Law Office provides the table below listing the official 2019 FBAR conversion rates (note that the readers still need to refer to the official website for any updates).

Country – Currency Foreign Currency to $1.00
AFGHANISTAN – AFGHANI77.6250
ALBANIA – LEK108.2100
ALGERIA – DINAR118.7800
ANGOLA – KWANZA475.0000
ANTIGUA – BARBUDA – E. CARIBBEAN DOLLAR2.7000
ARGENTINA – PESO59.8700
ARMENIA – DRAM475.0000
AUSTRALIA – DOLLAR1.4250
AUSTRIA – EURO0.8900
AZERBAIJAN – NEW MANAT1.7000
BAHAMAS – DOLLAR1.0000
BAHRAIN – DINAR0.3770
BANGLADESH – TAKA85.0000
BARBADOS – DOLLAR2.0200
BELARUS – NEW RUBLE2.1040
BELGIUM – EURO0.8900
BELIZE – DOLLAR2.0000
BENIN – CFA FRANC582.0000
BERMUDA – DOLLAR1.0000
BOLIVIA – BOLIVIANO6.8300
BOSNIA – MARKA1.7410
BOTSWANA – PULA10.5490
BRAZIL – REAL4.0200
BRUNEI – DOLLAR1.3450
BULGARIA – LEV1.7410
BURKINA FASO – CFA FRANC582.0000
BURMA-KYAT1,475.0000
BURUNDI – FRANC1,850.0000
CAMBODIA (KHMER) – RIEL4,051.0000
CAMEROON – CFA FRANC578.1200
CANADA – DOLLAR1.3000
CAPE VERDE – ESCUDO99.2910
CAYMAN ISLANDS – DOLLAR0.8200
CENTRAL AFRICAN REPUBLIC – CFA FRANC578.1200
CHAD – CFA FRANC578.1200
CHILE – PESO751.4800
CHINA – RENMINBI6.9610
COLOMBIA – PESO3,278.7500
COMOROS – FRANC439.0600
CONGO – CFA FRANC578.1200
COSTA RICA – COLON569.6500
COTE D’IVOIRE – CFA FRANC582.0000
CROATIA – KUNA6.4900
CUBA – Chavito1.0000
CYPRUS – EURO0.8900
CZECH REPUBLIC – KORUNA22.1650
DEM. REP. OF CONGO – FRANC1,650.0000
DENMARK – KRONE6.6520
DJIBOUTI – FRANC177.0000
DOMINICAN REPUBLIC – PESO52.6600
ECUADOR – DOLARES1.0000
EGYPT – POUND16.0000
EL SALVADOR – DOLARES1.0000
EQUATORIAL GUINEA – CFA FRANC578.1200
ERITREA – NAKFA15.0000
ESTONIA – EURO0.8900
ETHIOPIA – BIRR31.8000
EURO ZONE – EURO0.8900
FIJI – DOLLAR2.1420
FINLAND – EURO0.8900
FRANCE – EURO0.8900
GABON – CFA FRANC578.1200
GAMBIA – DALASI51.0000
GEORGIA – LARI2.8700
GERMANY – EURO0.8900
GHANA – CEDI5.6600
GREECE – EURO0.8900
GRENADA – EAST CARIBBEAN DOLLAR2.7000
GUATEMALA – QUENTZAL7.6900
GUINEA BISSAU – CFA FRANC582.0000
GUINEA – FRANC9,380.0000
GUYANA – DOLLAR215.0000
HAITI – GOURDE87.6550
HONDURAS – LEMPIRA25.0000
HONG KONG – DOLLAR7.7860
HUNGARY – FORINT294.2900
ICELAND – KRONA120.7600
INDIA – RUPEE71.0000
INDONESIA – RUPIAH13,895.0000
IRAN – RIAL42,000.0000
IRAQ – DINAR1,138.0000
IRELAND – EURO0.8900
ISRAEL – SHEKEL3.4540
ITALY – EURO0.8900
JAMAICA – DOLLAR136.0000
JAPAN – YEN108.5300
JERUSALEM – SHEKEL3.4540
JORDAN – DINAR0.7080
KAZAKHSTAN – TENGE381.1800
KENYA – SHILLING101.2500
KOREA – WON1,153.7000
KOSOVO – EURO0.8900
KUWAIT – DINAR0.3030
KYRGYZSTAN – SOM69.6000
LAOS – KIP8,865.0000
LATVIA – EURO0.8900
LEBANON – POUND1500.0000
LESOTHO – MALOTI14.0560
LIBERIA – DOLLAR186.9900
LIBYA – DINAR1.3960
LITHUANIA – EURO0.8900
LUXEMBOURG – EURO0.8900
MADAGASCAR – ARIARY3,627.2000
MALAWI – KWACHA760.0000
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Happy New Year 2020 from Sherayzen Law Office!

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Sherayzen Law Office wishes everyone a very happy and prosperous New Year 2020! We also wish you stay in full US tax compliance with US international tax laws while your tax burden decreases!

And, we are here to help our clients to turn these wishes into reality! In the year 2020, Sherayzen Law Office will continue to help its clients with all US international tax law issues, including compliance with FATCA, FBAR and all US international information returns such as Forms 3520, 5471, 8621, 8865 and others.

Moreover, Sherayzen Law Office will continue its leadership in the area of offshore voluntary disclosures, helping its clients to bring themselves into full compliance with US tax laws while lowering and, in some cases, even eliminating numerous IRS penalties. We will continue to do all types of offshore voluntary disclosures, including: Streamlined Domestic Offshore Procedures (“SDOP”), Streamlined Foreign Offshore Procedures (“SFOP”), Delinquent FBAR Submission Procedures, Delinquent International Information Return Submission Procedures, Modified Traditional Voluntary Disclosure, Reasonable Cause Disclosures and others.

If you are audited by the IRS with respect to your compliance with FBAR, FATCA or any other international information return filing requirements during any point of the new year 2020, then you can advantage of Sherayzen Law Office’s services with respect to IRS audits. We have helped clients throughout the worldwide with IRS audits, including audits related to foreign corporations and offshore voluntary disclosures (e.g. SDOP IRS audit or SFOP IRS audit).

Furthermore, during the new year 2020, Sherayzen Law Office will continue to create new creative and ethical tax plans and implement the old ones in order to allow our clients to take full advantage of the benefits offered by the Internal Revenue Code.

At Sherayzen Law Office, we look at the new year 2020 as an exciting opportunity to continue to deliver top-quality US international tax services to our clients around the globe. Helping people and their businesses with their US international tax issues is our goal!

Contact us directly by phone or email to schedule your confidential consultation!

Happy New Year 2020 to you and your family!