On October 18th, the IRS issued proposed regulations (Reg-141901-05) that reverses their long standing position on the deferral of capital gains through the...
398
Vernon K. Jacobs
vernjacobs
Oct 24, 2006 9:51 pm
QUESTION: I subscribe to your International Wealth Protection Website <http://www.offshorepress.com/wealthprotect.htm> and find it very helpful to sort...
397
Vernon K. Jacobs
vernjacobs
Oct 16, 2006 11:04 pm
QUESTION: I have a foreign grantor trust, but from what I have read I have to file a FBAR report when I exceep $10,000 a year. Would the same be true if I had...
396
Vernon K. Jacobs
vernjacobs
Oct 10, 2006 2:52 pm
QUESTION: I know your email Q&A service is supposed to be for the untrained but for a novice it is still very confusing! Or is it the IRS that is confusing! ...
395
Vernon K. Jacobs
vernjacobs
Oct 5, 2006 2:45 pm
COMMENT: In your reply yesterday about tax free offshore investments you indicated that the only way you know of to invest offshore without having to pay...
394
Vernon K. Jacobs
vernjacobs
Oct 4, 2006 4:15 pm
QUESTION: I have just left my company and I have $175,000 in my savings and investment account.It there any was to transfer that money in an offshore account...
393
JacobsReport@yahoogro...
Oct 1, 2006 5:31 am
Reminder from the Calendar of JacobsReport http://groups.yahoo.com/group/JacobsReport/cal Oct. 15th Tax Return Due Date Sunday October 15, 2006 All Day (This...
392
Vernon K. Jacobs
vernjacobs
Sep 26, 2006 3:09 pm
The Jacobs Report is intended mainly to provide non-technical explanations of the U.S. tax treatment of various cross border transactions, investments,...
391
Vernon K. Jacobs
vernjacobs
Sep 26, 2006 2:46 pm
My reply to the question yesterday about the tax filing requirements for a resident alien prompted the following responses. These comments were written for the...
390
Vernon K. Jacobs
vernjacobs
Sep 25, 2006 4:29 pm
QUESTION: I bought your CFC book a few years ago. I have tried to post a question but it keeps getting returned as undeliverable. I have posted it below: From...
389
Vernon K. Jacobs
vernjacobs
Sep 15, 2006 3:19 pm
QUESTION: In your memo about the USA Today article on offshore tax evasion, you mentioned that there is a web site (www.alexa.com) where you can look at...
388
Vernon K. Jacobs
vernjacobs
Sep 14, 2006 4:54 pm
On the bottom fold of the front page of USA Today (9/14/06), the headline says, "Offshore Tax Shelters Not Just for the Rich". But then the first four...
387
Vernon K. Jacobs
vernjacobs
Sep 14, 2006 4:06 pm
For the benefit of anyone who might have been thinking about attending the Escape to New Zealand Symposium in Auckland, NZ, I regret that we had to cancel the...
386
Vernon K. Jacobs
vernjacobs
Sep 12, 2006 5:08 pm
There are a number of good reasons for U.S. investors or companies to venture offshore, as discussed in the free report Why Go Offshore? ...
385
Vernon K. Jacobs
vernjacobs
Sep 6, 2006 6:40 pm
QUESTION: I am invested in a foreign partnership that pays monthly advances on quarterly dividends. I reinvest these dividends back into the partnership. I...
384
Vernon K. Jacobs
vernjacobs
Sep 6, 2006 5:53 pm
QUESTION: I have a single-member Nevis LLC that elected to be disregarded. This LLC invested in an IBC which is a PFIC 1291 Fund (no QEF election) and received...
383
Vernon K. Jacobs
vernjacobs
Sep 6, 2006 4:05 pm
One last reminder about the $450 discount for early reservations on our New Zealand Symposium on Dec. 4, 5 & 6, 2006. We have enough people to proceed, if...
382
JacobsReport@yahoogro...
Sep 1, 2006 5:07 am
Reminder from the Calendar of JacobsReport http://groups.yahoo.com/group/JacobsReport/cal Sept. 15th - 3rd Estimated Tax Payment Friday September 15, 2006 All...
381
JacobsReport@yahoogro...
Sep 1, 2006 5:01 am
Reminder from the Calendar of JacobsReport http://groups.yahoo.com/group/JacobsReport/cal Sept. 15th - Form 1120 Due Date Friday September 15, 2006 All Day ...
380
Vernon K. Jacobs
vernjacobs
Aug 29, 2006 2:26 pm
For those of you have an interest in visiting New Zealand, the three day symposium I am co-hosting in early December will provide ample time in the afternoons...
379
Vernon K. Jacobs
vernjacobs
Aug 28, 2006 4:46 pm
Note: The following is a three part question from a CPA and it includes references to a number of tax terms and code sections that would take a lot of time...
378
Vernon K. Jacobs
vernjacobs
Aug 20, 2006 4:59 pm
QUESTION: I'm a UK/US dual citizen moving to the UK (I'll probably be domiciled there) and I want to find UK investments that are not punitive with US...
377
Vernon K. Jacobs
vernjacobs
Aug 20, 2006 4:31 pm
We only need six more early-bird reservations for the Escape to New Zealand Symposium in Auckand, NZ on Dec. 4-6, 2006. So here is a very limited offer If you...
376
Vernon K. Jacobs
vernjacobs
Aug 14, 2006 1:54 pm
Please ignore the automatic calendar reminder about the former 8/15 due date for the form 1040. I thought I had deleted it, but obviously didn't. Vern Jacobs...
375
Vernon K. Jacobs
vernjacobs
Aug 11, 2006 7:11 pm
We The People of the United States... As long time members of this list are aware, I hardly ever pass on quotations, humor or folklore to this list. But I was...
374
Vernon K. Jacobs
vernjacobs
Aug 9, 2006 2:28 pm
In response to my comments about asset transfers to a foreign trust, I received the following memo from David Tanzer, Esq. David is the co-host of the New...
373
Vernon K. Jacobs
vernjacobs
Aug 7, 2006 4:38 pm
On or about the 10th of September, I will have to make a decision about whether to proceed with the Symposium in New Zealand in early December. In order to...
372
Vernon K. Jacobs
vernjacobs
Aug 7, 2006 4:12 pm
QUESTION: If a US citizen transfers equities from his own name to an offshore trust or offshore annuity is he liable for capital gains tax or any other taxes? ...
371
Vernon K. Jacobs
vernjacobs
Aug 7, 2006 3:03 pm
QUESTION: Your CFC Tax Guide states that form 5471 is not required for foreign disregarded entities, which was my opinion also, but I have another practitioner...
370
Vernon K. Jacobs
vernjacobs
Aug 1, 2006 4:22 pm
I've received a barrage of emails from tax professionals on this list because of the recent reminder about the due date for Form 1040 and the form to use for...
