Foreign Gifts and Foreign Trusts: Proposed Regulations
Private Client Services Partner Thomas Giordano-Lascari co-presented "Foreign Gifts and Foreign Trusts: Proposed Regulations" for STEP Los Angeles on October 2, 2024.
Program Description:
Treasury recently published proposed regulations that may affect U.S. taxpayers who receive gifts from abroad, have set up a foreign trust, or are beneficiaries of foreign trusts. The rules governing transactions with foreign trusts are complex with significant penalties if they are not followed. Our speakers will provide guidance for you and your clients in this complex area.
