Taxation Articles

Taxation for NRIs

NRI taxation articles: India ITR, US tax return, DTAA, TDS, repatriation, and cross-border compliance.

Form 8621 PFIC Elections — QEF vs MTM vs Default
Taxation

Form 8621 PFIC Elections — QEF vs MTM vs Default

Deep dive into Form 8621 elections for Indian mutual funds: QEF, Mark-to-Market, and default §1291 regime.

NRI Marriage — Cross-Border Tax Planning for Couples
Taxation

NRI Marriage — Cross-Border Tax Planning for Couples

Tax planning when one spouse is in India and one in US: filing status, ITIN, MFJ election, joint vs separate strategy.

GILTI Tax for NRI Business Owners — Deep Dive
Taxation

GILTI Tax for NRI Business Owners — Deep Dive

GILTI explained: how it taxes US persons on their Indian company's earnings, §962 election, FTC, planning strategies.

Streamlined vs DIIRSP vs OVDP — Disclosure Programs Compared
Taxation

Streamlined vs DIIRSP vs OVDP — Disclosure Programs Compared

Multiple IRS voluntary disclosure programs exist. Streamlined, DIIRSP, OVDP — which fits your situation.

Indian Pvt Ltd Owned by US Person — Tax Complexity
Taxation

Indian Pvt Ltd Owned by US Person — Tax Complexity

US person owning Indian Pvt Ltd: Form 5471, GILTI, Subpart F, ODI, transfer pricing, dividend repatriation.

Section 877A Exit Tax — Calculations and Planning
Taxation

Section 877A Exit Tax — Calculations and Planning

Section 877A imposes mark-to-market exit tax on covered expatriates. How it's calculated, exclusions, payment options.

Surrendering Green Card — US Tax Checklist for NRIs
Taxation

Surrendering Green Card — US Tax Checklist for NRIs

Complete checklist for Green Card surrender: Form I-407, Form 8854, Exit Tax, last US return, Indian planning.

Form 8938 — FATCA Filing Thresholds & Penalties Explained
Taxation

Form 8938 — FATCA Filing Thresholds & Penalties Explained

Form 8938 (Specified Foreign Financial Assets) — when required, thresholds for single/MFJ/abroad, and penalties.

RNOR Status — Complete Guide for Returning NRIs
Taxation

RNOR Status — Complete Guide for Returning NRIs

Resident but Not Ordinarily Resident: who qualifies, what's exempt, how long it lasts, and how to optimize.

FATCA — How India Reports Your Accounts to the US
Taxation

FATCA — How India Reports Your Accounts to the US

What is FATCA, what Indian banks report about you to the IRS, your disclosure obligations, and penalties.

Selling US Property as Indian Resident — How It's Taxed
Taxation

Selling US Property as Indian Resident — How It's Taxed

Indian residents selling US property face FIRPTA withholding, US LTCG, and Indian tax. FTC, repatriation explained.

Inherited Indian Property — US Tax Treatment
Taxation

Inherited Indian Property — US Tax Treatment

US tax when inheriting Indian property: step-up basis, Form 3520, rental income, future sale gain, succession steps.