When Foreign Residents Become US Shareholders…
The latest tax reforms under the Trump administration seem to despise the global entrepreneurs. The increasing disclosure requirements, allocation and attribution of profits... Read more
US Tax Residence Rules for Natural Persons
There has been an increase in the movement of high net worth individuals from India to the U.S. Having covered the residence rules... Read more
Indian Tax Residence of Unincorporated Entities
In addition to individual and corporate taxation, unincorporated entities are also taxable in India. Few examples of unincorporated entities are limited liability partnerships... Read more
Indian Tax Residence of Onshore and Offshore Trusts
A trust is considered an Indian resident where the control and management are wholly or partially located in India. The use of Indian... Read more
Forms of Trusts in India
In our whitepaper titled Interaction of Indian and U.S. Tax Laws, I had discussed different forms of trusts in India. Basic forms include... Read more
Trusts in India
Oliver Wendell Holmes said, “Put not your trust in money, but put your money in trust.” Trusts or foundations are common forms of... Read more