Video - The Effect of Rev. Proc. 2020-17 on US Taxes for Kiwisaver
To much initial fanfare, a new Revenue Procedure was announced by the IRS earlier this year, which many hoped would finally end the onerous reporting requirements for Kiwisaver, Australian Super, and most other forms on non-US retirement schemes.
Unfortunately, the benefits hoped for didn't come to fruition, learn why in our video below: