Lucy S. Lee and Irene A. Steiner of Akin Gump Strauss Hauer & Feld write: Administrators and beneficiaries of foreign trust structures must carefully analyze their particular facts to determine ...

Trusts may have to register with US tax authorities, even if they have no US assets or beneficiaries Accessibility help Skip to navigation Skip to content Skip to footer Sign In ...

The proposed regulations, which are lengthy and complex, raise reporting and withholding tax issues for trustees of non-U.S. trusts and, indirectly, U.S. citizen and resident beneficiaries of ...

FATCA, which was brought into law in March 2010, is a set of rules set out by the US Internal Revenue Service (IRS) designed specifically to limit tax evasion by US persons living abroad.

The Internal Revenue Service has updated the Withholding Foreign Partnership and Withholding Foreign Trust agreements as part of the process of implementing the Foreign Account Tax Compliance Act, or ...