CRS

Foreign Assets & Income: The Hidden Truths Revealed by CRS & FATCA

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CRS, FATCA, & You: Understanding Your Obligation for Global Tax Reporting in India

Enhancing Tax Transparency on foreign assets & Income: Understanding CRS &FATCA A. Purpose of CRS and FATCAIn this globalized economy, tax transparency and compliance has become paramount to ensurethat taxpayers disclose their global income and assets accurately. The Common ReportingStandard (CRS) and the Foreign Account Tax Compliance Act (FATCA) are internationalframeworks designed to combat tax … Read more

Global Money, Local Rules: India’s Tax Net Expands Worldwide

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Global Money, Local Rules: India’s Tax Net Expands Worldwide

Foreign Income and Assets from the Indian Income Tax Department? Think Again. For Indian residents, the days of discreetly stashing away global income, foreign assets, and overseas investments are long gone. The Indian Income Tax Department now has a robust system in place to track your financial footprints worldwide, thanks to international agreements like the … Read more