March 28, 2011: American Institute of CPAs (AICPA)
The American Institute of Certified Public Accountants (AICPA) requests that guidance be issued on the numerous foreign trust issues arising from the application of the foreign account tax compliance act (FATCA) provisions included in the Hiring Incentives to Restore Employment (HIRE) Act of 2010, P.L. 111-147, enacted March 18, 2010.
Download the attached comment letter.
Contact FATCA Leader for further information.