This section of the Offshore Tax Manual is an extensive introduction to the concept of trusts and foreign trusts used for asset protection, with an explanation of the U.S. tax obligations of the grantor and beneficiaries of a foreign trust formed by a U.S. person. 

 

Offshore Tax Manual - Part 6 Part 6    - Tax Rules for Foreign Trusts The Legal Concept of Trusts Foreign vs. Domestic Trust Valid and Legal Foreign Trusts Attacks on Offshore Trusts  Implementing and Operating an Offshore Trust  Use of an International Business Company ("IBC") With an Offshore Trust  Uses of Offshore Trusts  Estate, Gift and Income Tax issues U.S. Tax Return Compliance for "Grantor" Offshore Trusts Weapons Against Advisors Giving Fraudulent and Improper Advice Tax Return Forms for Offshore Trusts  Tax Questions & Answers About Foreign Trusts  IRS Notice 97-24: Fraudulent Foreign and Domestic Trusts

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