Crossing Borders: Developments in Foreign Trusts & Foreign Accounts Reporting - From the 28th Annual Tax Forum 2010 A Track II Session from "Keeping Up with the Changing Tax Landscape"
1.0 Total NH MCLE
Price:
$40.00 (provides online access for 3 months after purchase).
This is the downloadable audio version of the seminar in November, 2010.
CLEtoGo seminars qualify for non-live or self-study only credit.
A Session from Track II of the 28th Annual Tax Forum, co-sponsored by the NHBA•CLE program and the NHSCPAs.
Crossing Borders: Developments in Foreign Trusts and Foreign Accounts Reporting
In the wake of the highly publicized challenges that the IRS has recently faced in collectinginformation about accounts held by US persons outside the US, the HIRE Act imposed new, farreaching reporting rules for foreign accounts and assets owned by US persons, and it essentially taxes the use of property held in a foreign trust. In this session, we will review these rules, the planning implications, and other cross-border tax issues affecting executives and other individuals, as well as trusts and their beneficiaries.