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United States - Trusts - Information Reporting On Foreign Trusts And Gifts – New Regulations Proposed

Due to concerns about the potential use of foreign trusts and gifts as a means to access the proceeds of unreported income, the Internal Revenue Code (the "Code") and related regulations. ....

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Transactions with Foreign Trusts and Information Reporting on Transactions with Foreign Trusts and Large Foreign Gifts | Farrell Fritz, P.C.

On May 8, the IRS published proposed regulations that provide guidance regarding the information reporting of transactions with foreign trusts, the receipt of large foreign gifts and. ....

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United States - Tax Authorities - Proposed Regulations May Mitigate Certain US Tax Reporting Obligations For Some US Taxpayers

It is quite common for high-net-worth individuals to have income streams from multiple countries. For example, an individual may have an ownership interest in a foreign. ....

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IRS Issues Proposed Foreign-Trust Regulations

IRS Issues Proposed Foreign-Trust Regulations
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A CPA's day in Tax Court

A CPA's day in Tax Court
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