2010—Subsec. (b)(1). Pub. L. 111–147 inserted “shall submit such information as the Secretary may prescribe with respect to such trust for such year and” before “shall be responsible to ensure” in introductory provisions.
1997—Subsec. (b). Pub. L. 105–34, § 1601(i)(1), substituted “owner” for “grantor” in heading.
Subsec. (d)(5). Pub. L. 105–34, § 1027(b), added par. (5).
1996—Pub. L. 104–188 amended section generally, substituting provisions calling for improved information reporting on foreign trusts for provisions calling for the filing of returns as to foreign trusts, prescribing the form and contents of such returns, and requiring annual returns for foreign trusts with one or more United States beneficiaries.
1982—Subsec. (a). Pub. L. 97–248 inserted “(or on or before such later day as the Secretary may by regulations prescribe)” after “the 90th day”.
1976—Pub. L. 94–455, § 1013(e)(4), struck out “creation of or transfer to” after “Returns as to” in section catchline.
Subsec. (b). Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”.
Subsecs. (c), (d). Pub. L. 94–455, § 1013(d)(1), (e)(3), added subsec. (c), redesignated former subsec. (c) as (d), and in subsec. (d) struck out cross reference to section 643(d) for definition of “foreign trust created by a United States person”.
Effective Date of 1996 Amendment
Pub. L. 104–188, title I, § 1901(d), Aug. 20, 1996, 110 Stat. 1908, provided that:
“(1) Reportable events.—
To the extent related to subsection (a) of section 6048 of the Internal Revenue Code of 1986
, as amended by this section, the amendments made by this section [amending this section and
sections 6677 and 6724
of this title] shall apply to reportable events
(as defined in such section 6048) occurring after the date of the enactment of this Act [Aug. 20, 1996
“(2) Grantor trust reporting.—
To the extent related to subsection (b) of such section 6048, the amendments made by this section shall apply to taxable years
of United States persons
beginning after December 31, 1995
“(3) Reporting by united states beneficiaries.—
To the extent related to subsection (c) of such section 6048, the amendments made by this section shall apply to distributions received after the date of the enactment of this Act.”