IRS Notice: Comment Request on Information Reporting on Foreign Trusts, Large Foreign Gifts (IRC §6048)

Comments requested on Notice 97-34, which provides guidance on the foreign trust and foreign gift information reporting provisions contained in the Small Business Job Protection Act of 1996, the IRS provided May 12. Comments are due July 13, 2020. [IRS Comment Request, 85 Fed. Reg. __ (May 13, 2020)]

Reference:
View Source Document.