India–mauritius Tax Treaty Protocol Notified: Principal Purpose Test Effective from 10 August 2026
A protocol to the India–Mauritius Tax Treaty introduced a Principal Purpose Test effective August 10, 2026. Authorities may scrutinize the reasons and...
Top questions about E-2 Visa
Answers from VisaVerge guidesWhat is the first tax question L-1 Visa holders need to determine for 2026?
L-1 Visa holders need to determine whether they are a U.S. tax resident or a nonresident for 2026.
Read: Tax Filing Guide for L-1 Visa Holders in 2026: Residency and FormsWhat special tax policy has been introduced for immigrants in 2026?
A zero percent income tax on foreign earnings has been launched to attract Western professionals.
Read: Australian Jews Lead Israel’s 2026 First Immigration WaveWhat is the USCIS stance on applicants using 'tax-free' jurisdictions for crypto gains in their immigration applications?
USCIS stated that jurisdictional 'tax-free' status does not exempt an applicant from proving that the initial capital was legally acquired.
Read: U.S. Homeland Security Reviews 10 Countries, Including UAE, Where Crypto Gains Stay Tax-FreeHow 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?What is the new tax requirement for overseas investments starting April 1, 2025?
Starting April 1, 2025, the TCS (Tax Collected at Source) for overseas investments will be 20% above ₹10 lakh per PAN per financial year.
Read: Funding EB-5 from India under RBI LRS: pooling, gifts, and steps
IRS and Treasury Set Guardrails on Section 351 for Etfs Under Revenue Ruling 2026-20 and Notice 2026-62
A new Treasury and IRS ruling says a planned contribution of appreciated securities to an ETF followed by…
Treasury Secretary Scott Bessent Backs IRS Revenue Ruling on Section 351 Conversion
New Treasury and IRS guidance targets prearranged ETF transactions that shift appreciated securities into different holdings without immediately…
Italian Pension Funds Say IRS Broke U.s.–italy Tax Treaty Clause
The IRS is seeking to recover nearly $1.8 million in dividend-withholding-tax refunds paid to two Italian pension funds…
List Says Citizens of 55 Countries Eligible for E-1 Treaty Trader Visa
Citizens of 55 countries remain listed for E-category visa eligibility, including E-1. The main requirement is treaty-country status…
Panama Raises Qualified Investor Visa Minimum to US$500,000 with US$300,000 Carve-Out
Panama’s Qualified Investor visa keeps a US$300,000 developer exception, but resale property now sits at US$500,000. Conflicting guidance…
Canada to Replace Start-Up Visa with High-Impact IRCC Route
IRCC has paused new Start-Up Visa intake, except for a limited 2025 carve-out. Existing cases continue slowly, and…
Docusign Founder Backs I-645 to Nix 9.9% WA Income Tax
Washington voters will decide on Initiative 645, a proposal to repeal the state’s new 9.9 percent tax on…
Staten Island Charter School Gets E-2 Backing from Foreign Investors
Bridge Preparatory Charter School was tied to E-2 treaty investors, not documented EB-5 financing. EB-5 remains a separate…
ACT Party Proposes Waiving Capital Gains Tax in Bright-Line Rule for Crypto
ACT wants qualifying personal crypto gains to become tax-free after 12 months, but short-term trading and business activity…