Review of Anti-deferral and Trust Taxation Relating to Foreign Nongrantor Trusts

In a recent article, Stephen K. Vetter, partner at Kozusko Harris Vetter Wareh LLP, reviews proposals that the American College of Trust and Estate Counsel made to the Treasury Department regarding foreign nongrantor trusts and how foreign corporation anti-deferral regimes can be integrated with trust provisions of subchapter J.

See Stephen K. Vetter, "ACTEC Proposals Integrate Subch. J, PFIC Regime for Foreign Trusts," 2010 TNT 198-9 (September 14, 2010).

Posted by James G. Haskell, Senior Associate Editor, Wealth Strategies Journal.