In the June 26 Federal Register, the IRS has issued a Notice and Request for comments on information collection under Notice 97-34, which gives guidance on the foreign trust and foreign gift reporting provisions added to the code by the Small Business Job Protection Act of 1996. Comments are due by August 25, 2009.
Posted by Gary Robillard, Associate Editor, Wealth Strategies Journal.
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IRS Seeks Comments for Foreign Trusts, Gift Reporting Rules
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