Proposed regulations to reinforce donor disclosure rule changes; hearing scheduled
Regulations to reinforce donor disclosure rule changes
The U.S. Treasury Department and IRS today released for publication in the Federal Register a notice announcing the scheduling of a public hearing with regard to proposed regulations (REG-102508-16) that would, among other things, amend the information reporting regulations under section 6033 to reflect changes to the donor disclosure rules made last year in sub-regulatory guidance.
The proposed regulations were published in the Federal Register in September 2019. Read a report of initial impressions about the proposed regulations: TaxNewsFlash
Today’s notice [PDF 250 KB] announces that the public hearing on the proposed regulations has been scheduled for February 7, 2020. If no outlines of topics to be discussed at the hearing are received by January 17, 2020, the public hearing will be cancelled.
For more information, contact a tax professional with KPMG’s Washington National Tax practice:
Ruth Madrigal | +1 202 533 8817 | firstname.lastname@example.org
Preston Quesenberry | +1 202 533 3985 | email@example.com
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