Category: India

Indian entities and U.S. taxation- Part II

Indian entities generating revenue from conducting trade or business within the U.S. have effectively connected income (ECI) and taxable in the U.S.  Broadly, ECI may...

Read more

Indian entities and U.S. taxation – Part I

An Indian entity doing business in the U.S., unlike a U.S. incorporated entity, is generally taxable in the U.S. ‘on its taxable income which is...

Read more

A nonresident individual married to a U.S. citizen may be required to file a U.S. tax return if…

Generally, the number of days an individual spends in a country is one of the important determinants of taxability in such country. But it is...

Read more

Rules of POEM – Part II

An earlier blog on POEM started with a discussion on the determinants of residential status of a foreign corporation in India. The Indian tax law...

Read more

What to do before you start establishing your entity in the U.S?

Expanding business operations into the U.S. can be a lucrative opportunity to grow business if the structural decisions are made at the right time by...

Read more

Reporting compliance for foreign trusts in the U.S.

In our previous blog for our U.S – India channel, Foreign Trusts in the U.S., we discussed about the treatment of foreign trusts as grantor...

Read more

FATCA has covered you!

In our whitepaper, Interaction of Indian and U.S. Tax Laws, we examined and explained the interaction of Indian and U.S. laws. In doing so, an...

Read more

Foreign trusts in the U.S.

Under the U.S. tax laws, foreign trusts (i.e., non-U.S. trusts) may be classified as grantor or nongrantor trusts. Generally, nongrantor trusts are not taxable in...

Read more

U.S. shareholders and recharacterization of income

Generally, under U.S. tax law, a foreign corporation may be classified a controlled foreign corporation (CFC) where it has U.S. shareholders. Additionally, a foreign business...

Read more

Distribution from trust to beneficiaries

Trusts or foundations have been the most widely used entity form to pool, protect and administer assets. Our whitepaper, Interaction of Indian and U.S. Tax...

Read more
1 2 3 4