2025 Australian Federal Budget Summary On Tuesday, March...
In our 13th installment of the Family Office...
2024 Australian Federal Budget Summary On Tuesday 14th...
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... 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... Read more
Trusts for Transitioning Assets to Next Generation in India
Trust structures offer asset protection and beneficial governance mechanisms to Indian families with Indian residents and nonresidents members. However, foreign trusts should be... Read more
Tax Reporting Considerations in India
As I have stated in my other blogs that India lays out reporting requirements based on the residence of the taxpayer. The U.S.... Read more
Capital Gains on Transfer of Capital Assets (Part 2)
Continuing from the last blog on capital gains, this blog specifically addresses how capital gains are to be taxed in case of nonresident... Read more
Capital Gains on Transfer of Capital Assets in India (part 1)
Our whitepaper titled Interaction of Indian and U.S. Tax Laws lays out a brief outline on capital gains tax in India. A resident... Read more