Publication
Federal EI pilot project may impact employee separation negotiations
The federal government predicts there will be a surge in EI benefits claims in the coming months.
Foreign nongrantor trust for US beneficiaries: dos and don’ts
United States | Publication | April 2022
The throwback tax is the US tax law’s main tool for discouraging tax-free accumulation of income by foreign non-grantor trusts for US beneficiaries. Its complex rules are a dangerous minefield that should be avoided. This article reviews the operation of the throwback tax rules, and assesses the effectiveness of this trust anti-deferral regime in various fact patterns. It also discusses how the trust anti-deferral regime interacts with the US law’s foreign corporation anti-deferral regime, another minefield.
Download the Oxford Academic's Trusts & Trustees reprint
Co-head of Tax, United States
Email
bill.cavanagh@nortonrosefulbright.com
Recent publications
Publication
ESG and internal investigations: New compliance challenges
As ESG concerns have come to the forefront in different jurisdictions, the scope of these inquiries is expanding in kind.
Publication
Bill 92: New financial omnibus bill modernizes regulatory framework applicable to insurance, securities, financial institutions and real estate brokerage in Quebec
On April 8, An Act to amend various provisions mainly with respect to the financial sector, was tabled in the National Assembly further to the last financial omnibus bill that was assented to on May 9, 2024.
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