governance standards
How Foreign Life Insurance Is Treated for U.S. Tax Purposes
Learn how the U.S. tax code applies to foreign life insurance policies, including reporting requirements, taxable events, and strategies for compliance.
Every article on Veloris Propaganda about Us Tax Compliance — 5 stories covering it, newest first.
deepdive analysis
Understanding the PFIC Exception for Foreign Life Insurance Sold by Banks
Learn how the PFIC exception applies to foreign life insurance policies sold by banks, including eligibility, tax reporting, and compliance steps.
insurance essentials
Is Life Insurance Reported on FBAR?
Life insurance is generally not reported on FBAR, but foreign policy cash value and surrender value can trigger reporting. Learn the rules and exceptions.
workers compensation claims
Form 8938 and Foreign Life Insurance: What U.S. Taxpayers Need to Know
Learn when U.S. persons must report foreign life insurance policies on Form 8938, which thresholds apply, penalties for non-compliance, and how to determine if your foreign poli...
workers compensation claims
Foreign Life Insurance Excise Tax and EIN: What Policyholders and Advisors Need to Know
An overview of the U.S. foreign life insurance excise tax, including EIN requirements, filing obligations, and what taxpayers should know before holding or distributing a foreig...
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