With $15 Million At Stake, IRS Argues For Foreign Grantor Trust Status
A recently filed complaint in Geiger v. U.S. (S.D. Fla.) illustrates the complexities and difficulties of U.S. tax reporting for foreign trusts.
Source: forbes.com
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Foreign Trust Distribution Tax, Reporting & Failure-to-File
One of the most complicated aspects of international tax law involves the tax and reporting requirements of foreign trusts. While many foreign trusts…
Source: lexology.com