Planning Notes - August 27, 2010 - IRS Issues Notice 2010-60 Clarifying Number of Issues Related to "HIRE" Act of 2010

more+
less-

Today, the IRS issued Notice 2010-60 related to the March 18, 2010 Hiring Incentives to Restore Employment (“HIRE”) Act of 2010. The HIRE Act imposed substantial reporting and withholding obligations on non-US financial institutions and certain other non-US entities in an effort to locate US account holders who are evading their US tax obligations.

The new Notice is intended to clarify a number of issues that have arisen in relation to reporting and withholding requirements for non-US financial institutions and other non-US entities. Highlights of the Notice are as follows...

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

more+
less-

Butler Snow LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×