Episode 23 – Foreign Foundation & US Connection: Compatible?
With the diversity of nationalities, origins and interest of people living in the Middle East, it is not surprising that many such foundations end up having a ‘US element’, be it holding/controlling assets located in the US, having a US founder and/or having US or US-resident beneficiaries, possibly triggering negative US tax consequences. But with proper advice and pre-planning, Foundations can be made ‘US tax efficient’!
In our twenty-third episode, Matthew Sapowith, Partner at MGO, and Yann Mrazek, Managing Partner M/HQ, discuss the compatibility of UAE Foundations with US planning and key elements to consider as part of a US tax optimization.
Key takeaways
