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New FATCA Reporting Obligation May Affect Global U.S. Employees' 2011 Tax Returns
Groom Law Group Link to more items from this source
[Guidance Overview]
Mar. 8, 2012

Multinational corporations often have mobile employees as part of their global workforce participating in non-US retirement, deferred compensation and equity compensation plans. US taxpayers participating in such non-US retirement plans should be aware of potential new obligations to report those interests on IRS Form 8938, beginning with their individual tax returns for 2011.

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