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Chief Executive Officer Sumit Panjabi is the Founder, President and Chief Executive Officer of Advantage...
Aotax.com news digest
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5 years
All you need to know about Bank FATCA reporting as a US tax payer
All you need to know about Bank FATCA reporting as a US taxpayer
It should not come as a surprise that the US Government looks into a wider array of things for expats and not just the taxation. FATCA is one such avenue. There are a lot of rumours and misinformation surrounding FATCA, so let’s break it down slowly... -
5 years
How to account for the NRE and NRO interest and FD while filing for your US taxe...
How to account for the NRE and NRO interest and FD while filing for your US taxes?
According to the data available with the Indian Ministry, India ranks second among all countries for citizens who have temporarily or permanently shifted to other countries. The number stands at a staggering 25 million across some of the most prominent... -
5 years
How is an NRI’s India ESOP’s taxed in the USA?
How is an NRI’s India ESOP’s taxed in the USA?
ESOP’s or Employee Stock Option Plans have always been quite popular. Since you work for an organization, you would know the in and out of it. And the ESOP programs let you benefit from the same. You can own your company shares without even any upfront... -
5 years
Form 8938-All you need to know about Foreign assets reporting
Form 8938-All you need to know about Foreign assets reporting
It was after March 2010, that taxpayers in the United States of America were required to report their financial assets in other countries apart from the USA. This addition was initiated by HIRE or Hiring Incentives to Restore Employment Act under the...
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