Better that celebratory kids are brought up in an orphanage, away from their neurotic, limelight-greedy parents. That way, they have more chance of growing up 'normal'. (Waiting for the flames....)
This might not affect anyone who is transfering from their US account to an overseas account. It could also depend on the IRS definition of Remittance: 1) Transfering money to another person 2) Transfering money to another country 3) Transfering money to another country to yourself 4) Transfering money to another country and to another person. I might have to call my CPA when I am back in So Cal.
Also, has the $10,000 mandatory reporting rule been changed. Many immigrants use money transfer places (Westen Union or other versions fo the same) and often the amounts are way under 10K.
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