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posted Feb 7, 2023 10:28:28 AM

I worked in the US for a company on the Austrian Securities Exchange. I received shares after I left the company; is this considered a transaction with a foreign trust?

The shares were part of a deferred bonus plan earned in the previous year

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1 Replies
Expert Alumni
Feb 7, 2023 12:59:08 PM

A trust would be an organization that holds assets that are owned by beneficiaries. What you describe does not seem to be a trust, it sounds more like a company. If so, then your transactions would not be with a foreign trust.