Offshore Tax Evasion: U.S. Clients Of Trident Trust Target Of IRS John Doe Summons
An IRS John Doe Summons is highly effective to combat tax evasion. Trident Trust may now have to reveal U.S. taxpayers who ...
India Today on MSN3 天
ITR filing: Why you should declare foreign assets by January 15
Indian residents must disclose foreign assets and income in their ITRs by January 15, 2025, to maintain compliance and avoid ...
Deadline to declare foreign assets in ITR ends January 15, 2025: These two sources provide ...
Indian residents must report their foreign assets and income in their income tax returns (ITRs) in accordance with the Indian ...
Tax Guru6 天
CRS & FATCA: Tax Transparency & Disclosure of Foreign Assets & Income
In this globalized economy, tax transparency and compliance has become paramount to ensure that taxpayers disclose their global income and assets accurately. The Common Reporting Standard (CRS) and ...
Tax Guru16 天
111 FAQs on Foreign Assets Investigation Unit (FAIU) working in India
FIU-IND being national agency in India is responsible for receiving information’s from several sources like: banks + financial institutions + NBFCs + etc. about Suspicious Financial Transactions (SFTs ...
Business Standard22 天
Canada Express Entry: 1,085 invitations issued in provincial draw, CRS 727
The draw, held earlier this week, required candidates to have a minimum Comprehensive Ranking System (CRS) score of 727. This marks the third Express Entry draw of December. The first, on December 2, ...
Indiatimes28 天
Vidarbha, Marathwada taxpayers holding foreign assets to be issued notices
The I-T department gets information on the assets created by Indians abroad through mechanisms like common reporting standards (CRS) or Foreign Account Tax Compliance Act (FATCA) of the US ...