close
Share with your friends

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.

1000

Related content

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 | ruthmadrigal@kpmg.com

Preston Quesenberry | +1 202 533 3985 | pquesenberry@kpmg.com

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal