Рет қаралды 743
www.goldinglaw...
When it comes to the US tax and reporting requirements for foreign income, accounts, assets, and investments - foreign retirement plans are some of the most complicated - and they are required to be disclosed on many different international information reporting forms. Four of the most common international reporting forms for reporting foreign retirement plans are the FBAR (Foreign Bank and Financial Account Reporting aka FinCEN Form 114); Form 8938 (Foreign Account Tax Compliance Act); Form 8621 (Passive Foreign Investment Companies), and Form 3520/3520-A (Reporting Ownership or Distributions from Foreign Trusts). Most US Persons (a misnomer that also included Green Card Holders and Lawful Permanent Residents) do not think of their Singaporean CPF, Australian Superannuation, UK SIPP, or Hong Kong MPF as accounts or assets - which is what makes the reporting of foreign retirement plans so complex.