Foreign trust reporting obligations can apply to a domestic trust established even within the US and the recent regulations make compliance more difficult.

Resident Indians must report foreign mutual fund holdings and other overseas assets in ITR under Schedule FA. Know how to ...

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.

International - For most American expats living in Britain, a life overseas means having the ongoing nightmare of dual ...

President Donald Trump signed into law P.L. 119-21, the “One Big Beautiful Bill Act” (OBBBA), enacting significant changes to the US ...

Vietnam is actively recalibrating its core investment prospects. Dr. Sven David, general director and CEO at VIET ...

Once the hallmark of secrecy and security for the ultra-wealthy, traditional offshore tax havens are losing their grip under ...

SAN SALVADOR (AP) — A labor rights group in El Salvador on Thursday asked the country’s Supreme Court to strike down a ...

Resident Indians classified as “Resident and Ordinarily Resident” (ROR) are required to disclose all foreign assets, including mutual funds, shares, and overseas bank accounts, under Schedule FA of ...

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 ...