The Taxation of Foreign Trusts - US Estate and Gift Tax Avoidance
Overview:
Foreign trusts raise a number of distinct tax issues between a U.S. grantor and a non-U.S. grantor. This webinar focuses on why a non-U.S. resident or citizen would put assets into a foreign trust and what the implications thereof are.
Objectives:
Topics of discussion will include:- Explore tax considerations for non U.S. residents or citizens setting up foreign trusts
- Understand the difference between a domestic and foreign trusts
- Understand the importance of the grantor status
- Prepare for immigration by understanding the pre-immigration planning considerations
- Understand tax treaties and how it applies to foreign trusts
- Comply with foreign trust tax compliance requirements
- Understand the basics of asset protection
- Identify key factors for effectively setting up a foreign trust
- Understand issues, concerns and common misconceptions related to 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 - US Estate & Gift Tax Avoidance" 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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