W-8BEN form: What foreign investors need to know for US taxes
Foreign investors must use the W-8BEN form to access reduced U.S. tax rates. It’s essential for compliance, accurate…
Articles by & updated by Sai Sankar
RRSP and Superannuation transfers to the USA face strict rules
Moving Canadian RRSP or Australian Superannuation funds to the USA involves withdrawals, dual taxation, and strict reporting. Direct…
What to Know Before Moving an International Investment Portfolio to the US
Transferring your international investment portfolio to the United States involves tax treaties, PFIC compliance, U.S. brokerage setup, and…
Tax Implications to Know When Moving Foreign Assets to the US
Transferring your own foreign assets to the US is not taxed, but reporting rules like FBAR, FATCA, and…
IRS requires banks to report international transfers over $10,000
For U.S. persons, banks report international transfers exceeding $10,000. Individuals must file FBAR (FinCEN 114) if foreign accounts…
NRI deposit inflows see 23% rise, says Reserve Bank of India
NRI deposit inflows jumped 23.3%, reaching $14.55 billion for April 2024–February 2025, led by nearly doubled FCNR(B) Deposits.…
Student loan collections by U.S. Department of Education resume May 5
Starting May 5, 2025, U.S. student loan collections resume, impacting over nine million borrowers. Those in default risk…
Mark Carney denies urging young Canadians to use offshore tax havens
Satirical rumors about Mark Carney urging offshore accounts for young Canadians are unfounded. However, Brookfield’s legal tax strategies…
New Tax Bill 2025 ends Nil TDS Certificate for Non-Resident Indians
India’s New Tax Bill 2025 removes Nil TDS Certificates for all, including NRIs, from April 2026. NRIs must…