January 16, 2025
Regs. Sec. 1.6011-10 and 1.6011-11 specify the information that participants must report on Form 8886, Reportable Transaction Disclosure Statement, if they are involved in a Listed Transaction or a Transaction of Interest. While the reporting requirements are consistent across both types of reportable transactions, the information required under these new regulations differs significantly from the requirements outlined in Notice 2016-66, which was in effect prior to their implementation. Below is a side-by-side comparison of the various information requirements that participants must include in their disclosures.For more information contact our Larson captive team to find out how this will affect your micro-captive.