Dina Kapur Sanna and Andrew Wogman provided a summary of final regulations in an article,"IRS Issues Final Regs for Reporting of Foreign Financial Assets," forTrusts & Estates Magazine's e-newsletter. The final regulations issued by the Internal Revenue Service (T.D. 9752) under Internal Revenue Code Section 6038D, impose on certain U.S. taxpayers a requirement to report "specified foreign financial assets" if the aggregate value of such assets exceeds applicable thresholds. The regulations took effect Feb. 23 and impose the reporting requirement on domestic entities for tax years beginning after Dec. 31, 2015.
On February 3, Richard D. Sanders and Angela Titus McEwan will present a discussion about New Jersey's recent adoption of its version of the Uniform Trust Code.
Dina Kapur Sanna wrote a chapter entitled "Reporting Requirements for Foreign Trusts" which will be published in the February 2017 issue of the ALI CLE Estate Planning Course Materials Journal.
On January 11, Dina Kapur Sanna spoke as part of a panel on "International Recent Developments" at the Heckerling Institute on Estate Planning, organized by the University of Miami.
On January 10, Richard D. Sanders and Angela Titus McEwan will present a discussion about New Jersey's recent adoption of its version of the Uniform Trust Code.
Day Pitney announced today that international tax attorney, Von E. Sanborn, has joined the firm as a partner in the Corporate and Business Law department as a member of its Family Office practice in its New York office.
Leigh Newman was mentioned in the article, Malta House Names 8 Women Honorees For Public Service, published in the Hartford Courant.
Darren Wallace was quoted in an article, "Estate Planning Post-Election: Goodbye Estate Tax?," published in Atlantic Trust's First Quarterly Newsletter.
Barbara Freedman Wand was quoted in the article "Banks Explore Multiple Avenues For Community Investment," in The Commercial Record.
Stephen Ziobrowski was quoted in an article, "How Bermudians can be exposed to US taxes," in The Royal Gazette. The article is a recap of an International Tax and Planning Seminar at an AFL Investment sponsored event held in May 2016, in which Ziobrowski participated.