December 6, 2022
Tax Director Fiorella Belardi wrote an article for Ecovis Global about usufruct tax implications for U.S. taxpayers.
Ecovis Global
By Fiorella Belardi, Director, Tax & Business Services
Excerpt:
Provisions of a usufruct arrangement vary. When it comes to ownership of non-US entities via usufruct, the terms need to be properly analysed to determine what US reporting requirements apply.
