1545-BI04 202210 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Information Reporting on Transactions With Foreign Trusts and on Large Foreign Gifts

These regulations propose guidance under sections 6048, 6677 and 6039F of the Internal Revenue Code relating to information reporting on transactions with foreign trusts and on large foreign gifts. This document also contains proposed regulations under section 643(i) relating to loans from or uncompensated use of property of foreign trusts, as well as proposed amendments to the regulations under section 679 relating to foreign trusts having one or more U.S. beneficiaries.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Proposed Rule Stage No No 26 CFR 1 26 U.S.C. 7805 26 U.S.C. 643 26 U.S.C. 679 26 U.S.C. 6039F 26 U.S.C. 6048 No NPRM 06/00/2023 REG-124850-08 Drafter attorney: Tracy M. Villecco (202) 317-4965 Reviewer attorney: Lara A. Banjanin (202) 317-4968 Treasury attorney: Kamela Nelan (202) 622-1540 CC:INTL No None No No No No Tracy Villecco M. Attorney-Advisor 1545 Internal Revenue Service IRS 202 317-4965 tracy.m.villecco@irscounsel.treas.gov 1111 Constitution Avenue NW., Washington DC 20224