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 ResidencyHong Kong Advances Tax Exemption for Insurance-Linked Securities, Says Christopher Hui
Hong Kong expands tax exemptions for insurance-linked securities and digital assets to boost its status as a global wealth and fund management hub.
Justice and Development Party Proposes 10% Withholding Tax on Crypto Transactions
Turkey proposes a 10% withholding tax on crypto gains and a 0.03% transaction tax, shifting compliance onto regulated…
IRS Sets Refund Date for Early Filers Claiming Additional Child Tax Credit
IRS confirms PATH Act holds for child tax credits, with most direct deposit refunds expected by March 2,…
Finance Act 2025 Tightens Income-Tax Act 1961 Section 2(15) on Charities
India's Income-tax Act requires trusts to apply 85% of income to charitable goals and follow strict registration and…
Judge Rules IRS Violated Internal Revenue Code § 6103 in ICE Disclosures
A federal judge ruled the IRS violated the law by sharing 42,000+ taxpayer addresses with ICE, citing breaches…
Financial Secretary Paul Chan Pushes Digital Asset Policy Bill as SFC Regulates
Hong Kong unveils a 2026-27 budget roadmap to expand digital asset licensing, launch stablecoin regulations, and provide tax…
Policybazaar Sees Health Premiums Rise as Zero GST Fuels NRI Demand
India's health insurance premiums rose 27.17% in Jan 2026, driven by a 126% surge in NRI buyers and…
36% Tax on Unrealized Gains Falls as Social Media Protests Hit Wet Werkelijk Rendement Box 3
Dutch Finance Minister Eelco Heinen moves to amend the 2028 Box 3 tax plan following a backlash over…
Zohran Mamdani Opposes 9.5% Property Tax Hike as $5.4B Budget Gap Looms
NYC Mayor Zohran Mamdani proposes a 9.5% property tax hike as a 'last resort' to close a $5.4B…
Draft Income Tax Rules 27 and 28 Specify Audit Report for Section 44 Deductions
India introduces Draft Rules 27 and 28 for April 2026, requiring new electronic forms and audit reports for…