Tax deferred investing and asset protection overseas brought to you by the IRS



A reader of this book should be able to exactly define the statutory foreign pension laws required to yield tax deferred contributions and accumulations in a foreign retirement plan that is recognized in Internal Revenue Code. What makes that significant is that in most foreign jurisdictions it is not possible to bolt together a U.S. Internal Revenue Service compliant retirement plan at the individual level that is also Foreign Account Tax Compliance Act (FATCA) compliant at the institutional level and recognized tax compliant globally. It can be done with those who have been through this already. At the institutional level it is either FATCA compliant or not. Certain types of foreign retirement plans are recognized in FATCA rules, Double Tax Treaties (DTA) , Tax Information Exchange Agreements (TIEA) and in legal systems worldwide. The U.S. Treasury's new W8 BEN-E form gives a special exemption place for authorized foreign retirement plans. Having a FATCA exempt registration means that your retirement plan has the freedom to invest because it has the authorization to sign a W8 BEN-E and any transfers in U.S. Dollars for or by that retirement plan are exempted from FATCA withholding and FATCA reporting. The 1986 IRS Code recognizing foreign retirement plans has remained the same and the mutually shared U.S. Treasury's and IRS new W8 BEN-E form has a special exemption place for authorized foreign retirement plans. Therefore, tax deferred investing and asset protection overseas is brought to you by the IRS and U.S. Treasury. Contributions inside this foreign retirement plan are not reportable as income until withdrawal and anything accrued inside is not taxable under IRC code, not under O.E.C.D. standards and not taxable back home in the USA. Contact: http://www.investoffshore.com

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