The U.S. IRS has recently published four international practice units, including:
- Basic Offshore Structures Used to Conceal U.S. Person’s Beneficial Ownership of Foreign Financial Accounts and Other Assets
- Defining the Entity – Foreign Trusts
- Foreign Grantor Trust Determination – Part II – Sections 671-678
- Foreign Grantor Trust Determinations – Part I – Section 679
International practice units are developed by the Large Business and International Division of the IRS to provide staff wi…