Taxes
Tax filing requirements for immigrants, visa holders, expats, and NRIs. Covers 2026 brackets, treaty benefits, FBAR and FATCA compliance, ITIN applications, and state tax obligations for non-residents.
Top questions about Taxes
Answers from VisaVerge guidesWhat is the main U.S. federal filing deadline for India-to-U.S. movers in 2026 tax year?
April 15, 2027 is the main U.S. federal filing deadline for many India-to-U.S. movers reporting both Indian and U.S. income for tax year 2026.
Read: RNOR vs ROR in India: Navigating DTAA in Mid-Year MigrationWhat are the implications of not updating tax residency for Indian citizens moving to Canada or the U.S. in 2025?
People who keep old statuses can be treated as full residents in two places at the same time, leading to dual taxation until they correct their records.
Read: Indian Tax Residency 2025: 182/60-Day Rules and Update ImplicationsHow does tax residency status affect H-1B visa holders for the 2025 tax year?
H-1B visa holders may be resident aliens, nonresident aliens, or dual-status filers based on their days of presence in the United States during 2025 and prior years, which impacts how they file taxes and what income is taxable.
Read: H-1B Visa Holders Face Substantial Presence Test in 2026. When Are They Resident Aliens?How does this affect U.S. immigration and tax filings for NRIs?
U.S. tax residents with India activity like property or frequent cash movements may need to report these assets under IRS rules, including FBAR and Form 8938 filings.
Read: Union Budget 2026-27 Sets 30% Tax Rate on Unexplained Income in Cash Credits and InvestmentsWhat should NRIs do to comply with tax residency rules for FY 2025-26?
NRIs must document their entry/exit dates to determine 182-day residency under Section 6 and report and pay tax on Indian-sourced income accordingly.
Read: NRI Tax Residency 2025-26: 120-Day Rule and Deemed Residency
Finance Committee Urges Rada to Extend Higher Corporate Income Tax Rate for Banks
The 2026 federal corporate tax rate stays at 21%. Businesses must ignore false bank tax claims and meet the upcoming September 15, 2026, payment deadline.
Federal Court Rules Income Tax on Immovable Properties Confiscatory Under Section 7E
Pakistan’s FCC reportedly labels Section 7E property tax as 'confiscatory,' potentially reshaping tax demands for immovable property and…
Mount Vernon City Schools Plan Facilities Master Plan, Put 1% Earned Income Tax Levy on November Ballot
Mount Vernon City Schools seeks to pass a 1% earned income tax levy on the November 2026 ballot…
GOP Proposes Indexing Capital Gains to Inflation, Potentially Cutting Investor Taxes
Republicans propose indexing capital gains to inflation or cutting rates to 15% for 2026. Current laws remain in…
$250 Working Australians Tax Offset Stays as Treasurer Jim Chalmers Defends 50% CGT Discount
Labor proposes replacing the 50% CGT discount with indexation and a 30% minimum rate from 2027, paired with…
Taxpayer Advocate Says IRS Wrongly Seized $133,000 Retirement Fund in Error
A Florida teacher fights to recover $133k after the IRS seized her retirement funds based on a debt…
Labour Promises Free Maternity Scans and Medicard, Funded by Targeted Capital Gains Tax
Labour proposes a targeted capital gains tax on property profits from 2027 to fund free doctor visits and…
₹10,000 Crore Cost Looms as FPI Debt Tax Relief Takes Effect Under 2026 Ordinance
India exempts foreign investors from taxes on government securities interest and capital gains as of June 2026, boosting…
RBI Eases Investment Rules for Nris and Ocis, Allows Designated Repatriable Rupee Accounts
RBI updates 2026 foreign investment rules with higher caps and mandatory designated rupee accounts for NRIs, OCIs, and…
RBI Eases FPI Rules, Removing Concentration Limits for Persons Resident Outside India
The RBI eases Indian equity access for non-residents, but U.S. tax residents must still report all 2026 Indian…