Finanse publiczne · 19/04/2019

U.S. Proposes Rules for Electing Small Business Trusts to Include Nonresident Aliens as Beneficiaries

The U.S. government has issued a proposed rule to expand the class of potential beneficiaries of electing small business trusts, allowing nonresident aliens to be included as beneficiaries, and ensuring that income from S corporations remains subject to U.S. federal income tax when these nonresident aliens are deemed owners of grantor trusts that elect to be electing small business trusts.