- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is there any tax reporting obligations for nominee (i.e. POD beneficiary) of overseas account during lifetime of account owner?
If my mom who resides overseas, adds me as a nominee (similar to P.O.D. beneficiary) and NOT as a joint account owner, for her bank account which is itself based overseas, is there any reporting obligation (similar to FBAR / FATCA) DURING her lifetime?
Would appreciate any input.
Thank you!
Topics:
‎June 3, 2019
1:49 PM