SEAT Submission to IRS: Reporting of Non-U.S. Pensions, Investments and Gifts

The IRS is currently seeking public comment with respect to “information reporting of transactions with foreign trusts and receipt of large foreign gifts and regarding loans from, and uses of property of, foreign trusts.”

This encompasses the non-U.S. pensions, investments, and gifts received by Americans living in other countries.

Today SEAT filed its comment with the IRS. SEAT’s submission, in two parts, is available here and here.

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