The law firm of Rackemann Sawyer & Brewster describes the estate tax regime imposed on foreign individuals who own US residential property, which concludes that the 35 % Estate tax rate is charged on the entire value of the property that exceeds USD60,000.
Where that foreign individual owns the same US real estate through either:
Where that foreign individual owns the same US real estate through either:
- a Foreign Company or
- a Two Tier Partnership Structure
this US Estate Tax would be Eliminated!
Contact the Tax Lawyers at
Marini & Associates, P.A.
for a FREE Tax Consultation
Toll Free at 888-8TaxAid (888 882-9243).
Read more at: Tax Times blog