Thursday, July 10, 2008

International Tax Compliance - Foreign Trust (U.S. Person): Reportable Event

A reportable event is generally defined as the cre­ation or funding (with money or property) of a for­eign trust by a U.S. Person, including transfers by death. It also includes the death of a U.S Person if the person was an owner of the foreign trust or any portion of the trust is includible in [...]

Source: http://feeds.feedburner.com/~r/IRSTaxAuditNews/~3/308213763/

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