Notice 2023-11: IRS Grants Temporary Relief to Foreign Financial Institutions (January 10, 2023)

In Notice 2023-1, the IRS provides temporary relief to certain foreign financial institutions that are required to report U.S. tax identification numbers. This relief is intended for IRS information collection and for increasing tax compliance.

See Notice 2023-11

Posted by Benjamin Sapozhnikov, Associate Editor, Wealth Strategies Journal.

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