{
  "id": "EXC_FMV_TRANSFER_FOREIGN_TRUST",
  "name": "Fair Market Value Sale Exception to Foreign Trust Reporting",
  "category": "deduction",
  "jurisdiction": "federal",
  "eligibility_type": "opportunity",
  "eligibility": {
    "description": "Applies to U.S. persons transferring property to foreign trusts where full FMV consideration is received, exempting the transaction from specific notice requirements under 6048(a).",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "deadline_passed",
    "retroactive_note": "Action required during tax year — verify if still applicable",
    "forward_status": "available"
  },
  "description": "Transfers of property to a foreign trust are not considered reportable events if the transfer is in exchange for consideration of at least the fair market value of the property.",
  "irc_reference": "IRC §6048",
  "deadline": "",
  "savings_potential": "low",
  "benefits": "individual|investor",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}