IRS issues proposed regulations to make international grant-making by private foundations easier *

USA - October 1 2012
On September 24, 2012, the IRS issued Proposed Regulations §§ 53.4942(a)-3 and 53.4945-5 in order to reduce barriers to international grant-making made by private foundations.

Co-authors: David Ulich.

IRS issues new guidance to private foundations on program related investments *

USA - May 14 2012
The IRS recently issued proposed regulations that provide new examples that illustrate what types of investments qualify as "program-related investments" (PRIs).

Co-authors: David Ulich.

IRS issues final regulations requiring reporting by financial institutions of interest payments made on U.S. accounts of non-resident individuals *

USA - April 24 2012
On April 17, 2012 the Treasury Department and the Internal Revenue Service issued final regulations requiring information reporting by a broad range of banks and other financial institutions of interest paid to certain nonresident alien individuals on funds held in U.S. accounts.

Co-authors: Keith Gercken.