The Friday Edition
A biweekly newsletter for international tax professionals
What’s New This Week?
How to figure out if a foreign person is the owner of a grantor trust
Hello and welcome to The Friday Edition. Every other week, get something about international tax. This week I did a session inside the International Tax Pros community about foreign grantor trusts, and I figured I would write something short here about the topic. It’s not easy to figure out whether a foreign person can be treated as the owner of a trust under the grantor trust rules. Here’s a quick explanation for how you think through the problem of identifying whether you have someone as an “owner of the trust” (the key phrase for grantor trust status), and if that…