Get the free 88(R) HB 3 - Senate Committee Report version - Bill Text - leg mt

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68th LegislatureSB0213AN ACT REVISING LAWS RELATED TO SCHOOL SAFETY; REQUIRING ANNUAL REVIEW OF SCHOOL SAFETY OR EMERGENCY OPERATIONS PLANS BY SCHOOL DISTRICT TRUSTEES; CLARIFYING THE ABILITY TO USE

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What is 88r hb 3?

88r hb 3 is a tax form used for reporting information related to foreign trust transactions.

Who is required to file 88r hb 3?

US persons who have ownership in or control over foreign trusts are required to file 88r hb 3.

How to fill out 88r hb 3?

88r hb 3 can be filled out online through the IRS website or by mailing a physical copy to the IRS.

What is the purpose of 88r hb 3?

The purpose of 88r hb 3 is to report information about foreign trusts that US persons are involved with.

What information must be reported on 88r hb 3?

Information such as the name of the foreign trust, the value of the trust, and any income generated by the trust must be reported on 88r hb 3.

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