US Expat resources

Frank Hirth’s webinar: How to solve a problem like Foreign Investment

By Robert Paul | 22 Apr, 2021

Frank Hirth’s webinar, hosted by Iain Younger, Director, and Kavit Nathwani, Senior Tax Manager

Robert Paul, Head of the US Family Office at London & Capital, joined Jaime McLemore, Partner at Withersworldwide for a webinar hosted by Iain Younger and Kavit Nathwani from Frank Hirth.

Together, they discussed the issues that non-US trustees must consider when determining an investment strategy for a non-US trust that is either a US settlor or US beneficiary.

They covered:

  • The US Passive Foreign Investment Company regime
  • Foreign Grantor Trust vs Foreign Non-Grantor Trust – what’s the difference?
  • Attribution – can a US Person be considered the tax “owner” of Trust-owned assets?
  • US tax-friendly investment strategies
  • What needs to be reported to the IRS? – by who and by when?

Watch the playback here.