The Taxation of Foreign Trusts & the American Grantor- Lifetime Transfers and Deemed Sales
Available Anytime
Location:
Online
1Credits
Technical Business
Registration is Open
FICPA Members
Nonmembers
$54.00 Regular Price
Product Code: FI20-TAXFORGRAN
Level: Basic
Vendor: Florida Institute of CPAs
Field of Study: Specialized Knowledge, Taxes
Overview:
Non-U.S. citizens have several opportunities when assets are held in a foreign trust. But what happens when a U.S. resident is a grantor of a foreign trust?This webinar focuses on a unique set of circumstances associated with a foreign trust. We explore the tax opportunities for U.S. residents when considering setting up a foreign trust.
Objectives:
Topics of discussion will include:- Understand the general U.S. tax considerations for U.S. and Non-U.S. residents and citizens
- Differentiate between a domestic and foreign trust
- Explore the considerations related to the foreign trust grantor status
- Understand the benefits and implications of expatriation tax
- Comply with foreign trust income tax reporting requirements
- Understand the basics of asset protection
- Identify factors that will ensure the effectiveness of foreign trusts
- Explore issues, concerns and common misconceptions of foreign trusts
Instructors:
Designed For:
CPAs or accounting professionals
Prerequisite:
Some familiarity with accounting
Additional Info:
Thank you for registering for the "The Taxation of Foreign Trusts & the American Grantor- Lifetime Transfers and Deemed Sales" OnDemand course. You can begin immediately by going to the 24/7 Learning Library portal at https://ficpa.courselaunch.io and logging in with your current FICPA member login credentials.
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