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Offshore Disclosure is Not the Same as Offshore Tax Evasion

On numerous occasion we have been asked to clarify the difference between Offshore Disclosure and Offshore Tax Evasion.The following providing a short article clarifying the distinction:                          With international tax compliance becoming a major priority for the IRS and US government in general, there appears…

201604.29
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DEMAT Accounts – India Offshore Disclosure, FBAR & FATCA (Part 1)

Due to the fact that India has a very large expat community (with it being the second largest English-speaking population on the planet), India is high on the FATCA (Foreign Account Tax Compliance Act) reporting list. India only recently signed a FATCA agreement, but it was negotiated with the understanding that India truly wants to…