Please answer to the following question, use as mandatory the attached material. Please try to use around 200 words per question
1) What is Realization Requirement? To what extent, if any, does this differ from Gross Receipts Requirement?
2) What are the differences between the FBAR and FATCA regulations if any?
3) How does section 871 treat the capital realized by ?dual-status? aliens?
4) Discuss the Aliens in Transit Rule.


