CRA won't administer proposed new trust reporting rules
-1342
Stay updated with breaking news from Information Return. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Treasury CS Ukur Yatani: “These regulations shall come into operation on January 1, 2022.” | Pulselive Kenya
Treasury CS Ukur Yatani: “These regulations shall come into operation on January 1, 2022.” | Pulselive Kenya
The US Internal Revenue Service has extended its temporary approval of accepting electronic or digital signatures on certain IRS forms until October 31, 2023, and has expanded the list...
As highlighted in a prior September 10, 2020 LawFlash on this same topic, the IRS had announced on August 28, 2020 the temporary approval of the use of digital signatures in a news release ( IR-2020-194, the News Release). This News Release allowed a limited number of IRS forms to be digitally signed. The Memorandum is broader in scope and provides some clarity on what type of signatures are acceptable. In addition to digital signatures, the Memorandum specifically includes electronic signatures, and the IRS acknowledges that both electronic and digital signatures can appear in “many forms...