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July 2019 International Tax Lunch: Accumulation Distribution From A Foreign Nongrantor Trust

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July 25, 2019 - Rachel Allen

July 2019 International Tax Lunch: Accumulation Distribution From A Foreign Nongrantor Trust

How To Report An Accumulation Distribution From A Foreign Nongrantor Trust

When a U.S. beneficiary receives a distribution from a foreign trust, the way the distribution is taxed depends on whether the trustee gives the beneficiary the right paperwork. This presentation looks at the all-too-common scenario where a trustee does not provide the necessary paperwork to prevent bad tax results. Learn how to calculate the accumulation distribution under the default rules, how to compute the tax to the beneficiary, and how to prepare the tax forms to report the distribution.

Presenter: Debra Rudd

Materials: Dropbox

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June 19, 2019 - Rachel Allen

May 2019 International Tax Lunch: Reporting Requirements For A Foreign Corp Holding US Rental Property

Reporting Requirements For A Foreign Corporation Holding A U.S. Rental Property

Many nonresidents hold U.S. real estate through a foreign corporation. In this overview level presentation, learn the withholding requirements, what tax forms to file, and when to file them for each stage of real estate ownership—purchase, rental, disposition—through a foreign corporation.

Presenter: William Shiraga

Materials: Dropbox

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June 19, 2019 - Rachel Allen

April 2019 International Tax Lunch: Foreign Earned Income Exclusion and How to Prepare Form 2555

Foreign Earned Income Exclusion and How to Prepare Form 2555

The Foreign Earned Income Exclusion and related housing deduction/exclusion are a way for Americans abroad to reduce or eliminate their U.S. tax liabilities. But qualifying is complex and understanding exclusions is often unclear. Learn what exclusions are permitted and preparation of Form 2555.

Presenter: Phil Hodgen

Materials: Dropbox

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March 13, 2019 - Rachel Allen

March 2019 International Tax Lunch: Form 5472 Filing Requirements and Preparation

Form 5472 Filing Requirements and Preparation

Foreign owners of domestic corporations and foreign corporations engaged in U.S. trade or business may need to file Form 5472. Complex attribution rules make identification of reporting requirements difficult. Learn when Form 5472 is required, the types of attribution rules that apply, and major issues to report.

Presenter: Debra Rudd

Materials: Dropbox

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March 1, 2019 - Rachel Allen

February 2019 International Tax Lunch: Foreign Ownership of US Property for Personal Use

Foreign Ownership of US Property for Personal Use

Foreigners buy U.S. houses for personal use.  But how should they own those properties?  In this session, Phil Hodgen explains the estate tax and capital gain tax performance of eight different methods of holding title, from direct ownership to irrevocable trusts.

Presenter: Philip Hodgen

Materials: Dropbox

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