28 February 2017 Law firm clients: Important information filing deadlines for individuals with foreign trusts, assets or bank accounts, or who receive property from certain foreign sources Law firm partners and associates who have foreign interests should note that certain US taxpayers may have additional foreign informational filing requirements beyond the usual year-end tax filings, and the filing deadlines for these forms may differ from, and in some cases be earlier than, the usual April 15 due date. Affected taxpayers include US income tax residents who: — Have created foreign trusts, either in the current year or in the past, even if the taxpayers were not US residents at the time they created the trusts
Document ID: 2017-0390 | |||||||