The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Foreign Trust/Depository & tax saving/deferral||Date: 4/5/2000 11:21 PM|
|Author: jumpinjupiter||Number: 33625 of 122529|
I would appreciate a pointer to high integrity books, publications or tax law references on this subject. Please do not respond with hear-say or second hand anecdotes.
"TMF Taxes" once wrote the following but recommended no specific references.
There are certain foreign trusts that can provide some US tax savings and/or deferral depending upon how they are structured. But this is a very complicated area, one that is well beyond the scope of this message folder. And you certainly would not want to get involved with any foreign trusts without the guidance of a qualified tax attorney.
If you are really interested in this issue, your local bookstore has a number of volumes on this issue that might be a place to start building your knowledge on this subject.
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