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Foreign trust reporting obligations can apply to a domestic trust established even within the US and the recent regulations make compliance more difficult.
Schedule FA (Foreign Assets) in the ITR form is primarily meant for reporting foreign assets, and Schedule FSI (Foreign ...
As an American living abroad, you may have experienced firsthand the challenges of finding a financial institution willing to ...
In recent months, the IRS has revised a public announcement and issued a practice unit on IRS Form 3520-A reporting and penalties.
Vietnam is actively recalibrating its core investment prospects. Dr. Sven David, general director and CEO at VIET ...
SAN SALVADOR (AP) — A labor rights group in El Salvador on Thursday asked the country’s Supreme Court to strike down a ...
President Donald Trump signed into law P.L. 119-21, the “One Big Beautiful Bill Act” (OBBBA), enacting significant changes to the US ...
President Donald Trump has signed a bill rescinding nearly $9 billion in federal funding previously approved for public ...
SARS tax season opened with technical problems, but major updates to filing rules and form changes are now in effect.
Once the hallmark of secrecy and security for the ultra-wealthy, traditional offshore tax havens are losing their grip under ...
A confidential investigation by the Income Tax Department has revealed a disturbing trend of radical Islamic expansion along the Indo-Nepal border. The report, sent to the Union Home Ministry earlier ...
The State Department says it's investigating whether Harvard University will remain part of a government program that allows ...