Foreign Non-Grantor Trust (FNGT) – Reporting to U.S. beneficiaries

Above is the Foreign Grantor Trust Beneficiary Statement from the 3520-A If it’s a FNGT?  The U.S. beneficiary should receive a Foreign Non Grantor Trust Beneficiary Statement which includes information about the taxability of distributions they have received and foreign trust income they must report. The U.S. tax consequences and tax reporting requirements for a trust […]

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