The US tax and reporting rules applicable to foreign trusts--principally embodied as Subchapter J of the Internal Revenue Code of 1986, as amended--are notoriously complex. Now, with this convenient and practical volume, anyone who must deal with these rules will find their use and meaning clearly explained, and proceed confidently to the best outcome in any situation where they apply. United States Taxation of Foreign Trusts covers the following topics in detail: Regular nongrantor (or accumulation) trusts of both the simple' variety and the complex' type with its challenging...