Tag Archives: foreign grantor trusts

Recent Developments

February 05, 2016  |   Posted by :   |   Tax Evasion   |   0 Comments

I am pleased to announce: 1) In 2016, UK based Corporate International Magazine has selected my firm as International Tax Planning Law Firm of the Year (California). 2) Publication of my 15th book (after many years of research) “The IRS & Off-shore Tax Evasion: US Foreign Grantor Trusts.” U.S. Taxpayers who establish foreign trusts are […]

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U.S. Tax Planning for Passive Investments

December 26, 2012  |   Posted by :   |   International Tax Planning   |   Comments Off on U.S. Tax Planning for Passive Investments

By Gary S. Wolfe, Esq. The Wolfe Law Group, Los Angeles, CA David E. Richardson Mid-Ocean Consulting, Nassau, Bahamas In her 10/18/06 Wall St. Journal article, Insuring Against Hedge-Fund Taxes, Rachel Emma Silverman stated: “A small but growing number of wealthy investors have discovered a legal way to invest in hedge funds without paying income […]

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IRS Form 8938 – Statement of Specified Foreign Financial Assets

October 17, 2012  |   Posted by :   |   FATCA/FBAR,International Investors   |   0 Comments

“FATCA” Tax Reporting Under the Foreign Account Tax Compliance Act (“FATCA”) for tax years beginning after March, 18, 2010, specified persons (i.e. U.S. Citizens, resident aliens), who have an ownership interest in specified foreign financial assets (i.e. foreign financial accounts, foreign stock, any interest in a foreign entity) must file Form 8938 (attached to their […]

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