Subsequent modifications to Indian tax residency rules
In view of the outbreak of COVID-19 pandemic, the Finance Minister of India presented several statutory and regulatory relief measures last week. One... Read more
Sail your business through COVID-19 with the right attitude
COVID-19 pandemic is expected to be infect close to 30% of the Americans with 0.5% mortality rate, if immediate testing and medical facilities... Read more
Opportunities amidst the chaos: protecting your family and your business
People becoming ill, a falling stock market, borders being closed, businesses being shut or operating on a lower capacity, business valuations declining, lower... Read more
Indian entities and U.S. taxation: Controlled foreign corporations and its ownership by a U.S. shareholder
Our whitepaper, The Interaction of Indian and U.S. Tax Laws addresses how the foreign corporations are treated as controlled foreign corporations (CFCs), and... Read more
Indian entities and U.S. taxation: Controlled foreign corporations – defining key terms
In 1960s the concept of controlled foreign corporation (CFC) was introduced in the U.S. tax code to tax the U.S. taxpayer’s share of... Read more
