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    twinlabs's Avatar
    twinlabs Posts: 2, Reputation: 1
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    #1

    Aug 16, 2013, 04:42 PM
    Foreign Pension Plans and Annual Accretions
    Mr X lives in country Y and pays tax on the annual accretions in the plan for 20 years, Mr X is transferred to the US to work. Does his US tax basis include those annual accretions he paid tax on. Logic says that it does, but I cannot find anything on point that states that. Does anyone know of a citation I can reference to validate this point? Thank you
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Aug 16, 2013, 05:14 PM
    This seems to be a homework question.

    Regardless, this is often determined by the tax treaty between the country.
    twinlabs's Avatar
    twinlabs Posts: 2, Reputation: 1
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    #3

    Aug 16, 2013, 06:03 PM
    Oh yes-I've been doing lots of homework and cannot come up with anything right on point. Thanks for getting back to me so quickly
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