Andersen Tax

Foreign Investments by U.S. Persons

If you are making investments in financial assets, real estate or business overseas, Andersen Tax can assist you in maximizing foreign tax credits and reducing the impact of U.S. taxes on the foreign income. Our clients also benefit from the fact that we can assist by structuring the ownership from a wealth transfer planning perspective.

Our services include:

  • Creating foreign investment entities
  • Analyzing foreign investments held by U.S. persons to identify applicability of anti-deferral (i.e., controlled foreign corporation (CFC) or passive foreign investment company (PFIC) rules
  • Maximizing foreign tax credits from flow-through entities
  • Allocating the source of income between foreign and domestic in order to optimize utilization or foreign tax credits
  • Minimizing subpart F income
  • Handling the compliance associated with Report of Foreign Bank and Financial Accounts (FBAR)
  • Assisting grantors and beneficiaries of foreign trusts with the unique and complex U.S. tax reporting requirements