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Investment in a Foreign Trust Creates Complex Reporting Requirements

The IRS has clearly identified legitimate reasons why "US Persons" would establish or maintain ownership in a foreign trust.  However, there are significant and complex tax reporting requirements associated with US taxpayers who are beneficiaries with an investment in a foreign trust.  There are specific transactional reporting requirements for those...

Responsibility of Amazon and Online Sellers to Indemnify California Prop 65

What is the responsibility of Amazon and online sellers to indemnify California Prop 65 risk for the platforms they wish to sell upon?  Proposition 65 (often referred to simply as “Prop 65”) enforcement continues to grow increasingly challenging for those who sell products in online portals.  This is especially true...