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Reporting of Specified Foreign Financial Assets (US Internal Revenue Service Regulation) (IRS) (2018 Edition) The Law Library

Reporting of Specified Foreign Financial Assets (US Internal Revenue Service Regulation) (IRS) (2018 Edition) The Law Library presents the complete text of the Reporting of Specified Foreign Financial Assets (US Internal Revenue Service Regulation) (IRS) (2018 Edition). Updated as of May 29, 2018 This document contains temporary regulations relating to the provisions of the Hiring Incentives to Restore Employment (HIRE) Act that require foreign financial assets to be reported to the Internal Revenue Service for taxable years beginning after March 18, 2010. In particular, the temporary regulations provide guidance relating to the requirement that individuals attach a statement to their income tax return to provide required information regarding foreign financial assets in which they have an interest. The temporary regulations affect individuals required to file Form 1040, "U. S. Individual Income Tax Return," and certain individuals required to file Form 1040-NR, "Nonresident Alien Income Tax Return." The text of these temporary regulations also serves as the text of proposed regulations contained in a cross-reference notice of proposed rulemaking (REG-130302-10) published in the Proposed Rules section in this issue of the Federal Register. This book contains: - The complete text of the Reporting of Specified Foreign Financial Assets (US Internal Revenue Service Regulation) (IRS) (2018 Edition) - A table of contents with the page number of each section