Posts Tagged ‘foreign corporation’

Foreign corporations for estate tax protection – works, for now

I got an inquiry today from my FIRPTA.com website that I figured would be worth answering here, because it is a topic of general application. The question is whether using a foreign corporation works to protect against U.S. estate tax. Foreign corporations to hold U.S. real estate Nonresident investors frequently hold U.S. real estate using [...]

IRS is now looking at foreign corp tax returns

Apparently the IRS is now doing a massive review of Form 1120F and Form 8833 filings by foreign corporations. Data mining, it looks like.