This document outlines the tax reporting requirements for U.S. persons owning interests in non-U.S. entities through a fund or partnership. It details the obligations of Limited Partners to file information returns or statements regarding their interests in foreign entities, including the potential need to file an FBAR for foreign accounts exceeding $10,000. The document also discusses the taxation of qualified dividend income for non-corporate taxpayers and the conditions under which dividends from U.S. and qualified foreign corporations may be taxed at reduced rates.
documents/vol00010-efta01354213-pdf.pdf
{"document_type":"financial","key_locations":["United States"],"document_subtype":"tax document","key_organizations":["United States","Access Fund","IRS"]}