Part 1 (of three) explains the classification criteria of a foreign nongrantor trust or foreign estate for U.S. tax purposes and the proper information reporting after U.S. taxes are withheld.
ESTATES, TRUSTS & GIFTS
October 2017 - The Tax Adviser
ESTATES, TRUSTS & GIFTS
Recent developments in estate planning: Part 2
This second of a two-part article discusses GST tax and trust tax developments, as well as tax reform proposals and inflation adjustments for 2017.
TAX CLINIC
CHARITABLE CONTRIBUTIONS
credits against tax
expenses & deductions
FOREIGN INCOME & TAXPAYERS
SPECIAL INDUSTRIES
STATE & LOCAL TAXES
COLUMNS
NEWS NOTES
DC CURRENTS
TAX PRACTICE & PROCEDURES
STATE & LOCAL TAXES
CASE STUDY
employee benefits & pensions
Profits interests: The most tax-efficient equity grant to employees
By granting them a profits interest, entities taxed as partnerships can reward employees with equity. Mistakes, however, could cause challenges from taxing authorities.
