20 Jun 2025
📄IRS Notice on Form 8288-B
Agency Collection Activities; Requesting Comments on Form 8288-B
Summary
In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice.
Agencies
- Treasury Department
- Internal Revenue Service
Business Impact
$$ - Med
The IRS notice seeks public comment on the Form 8288-B, which is crucial for businesses dealing with foreign property interests. Compliance with the withholding requirements presents significant regulatory measures for affected organizations, thus representing a direct financial obligation.