Patterson Belknap Article Series in Bloomberg BNA’s Daily Tax Report: Tax Planning for Foreign Couples Buying U.S. Homes
November, 2016 - New York
Attorneys from Patterson Belknap’s Tax group co-authored a three-part article series on Tax Planning for Foreign Couples Buying U.S. Homes, which was published in Bloomberg BNA's Daily Tax Report in November 2016. The series included the following articles:
“Tax Planning for Foreign Couples Buying U.S. Homes: Direct Ownership” examines the pros and cons of direct ownership and considers the steps that can be taken to mitigate estate tax exposure.
“Tax Planning for Foreign Couples Buying U.S. Homes: Ownership Through Foreign Corporations and Partnerships” considers indirect ownership structures, exploring the use of foreign blocker corporations and foreign partnerships.
“Tax Planning for Foreign Couples Buying U.S. Homes: Ownership Through Foreign and Domestic Trusts” explores the use of a nongrantor trust, which can be more tax-efficient than other indirect ownership structures.
For further information, and to read the articles, please click here .
