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Notice on Proposed Regulations on Foreign Trust Reporting

 

As you may be aware, Treasury issued proposed regulations on foreign trust-related reporting several months ago, which can be found here:

https://www.federalregister.gov/documents/2024/05/08/2024-09434/transactions-with-foreign-trusts-and-information-reporting-on-transactions-with-foreign-trusts-and

STEP NY submitted comments which may be viewed here: STEP NY comments proposed regs dealing with foreign trust reporting 

For information on legislative initiatives:
Mario Signori, South Dakota Trust Company or
Sandy Christopher, Capital Group