Editor: Greg A. Fairbanks, J.D., LL.M. Historically, domestic partnerships and S corporations that owned 10% or more of a controlled foreign corporation (CFC) could rely on the so-called CFC/PFIC ...

Set in a local conservation area, the house has been in the same hands for 14 years, with the owner always keeping a weather eye on the potential for expansion. It wasn’t until the pandemic, ...