Change in political regime: How to cope up with changes in taxation policies?
The United States of America recently witnessed one of the most critical elections to elect its next President for another term of four years amidst the ravages of the Coronavirus pandemic. With a fairly good turnover of people who has
Joe Biden’s Tax Plans: What Is There For The Expats To Know?
After a tough electoral fight between Donald Trump and Joe Biden, the latter has been confirmed as the president-elect by the Electoral College. With Joe Biden now all set to take the oath of the new President of the USA
What is ‘privilege tax’ in Deutsche Bank’s research note?
The entire global economy has been shattered beyond hopes because of the pandemic caused by COVID-19 With the news of the development of Coronavirus vaccines across the world by some of the leading medical companies in the USA, India, and
International Taxpayers U.S.A
Non-resident Alien A nonresident alien is an individual who is not a U.S. citizen or a resident alien. A resident of a foreign country under the residence article of an income tax treaty is a nonresident alien individual for purposes of
Foreign Account Tax Compliance Act
There are Many Americans in Canada who do not file their income tax returns with the IRS despite clear rules requiring it. If you are in such a position, you are not alone, but you cannot ignore this problem. In March
Know Your Tax Rebates And Relaxations: Hire Best Tax Consultants In US
Tax is a valuable source of earning for governments across the world. The amount of tax collected is indicative of the number of taxpayers, the country’s economic viability and progress, and a host of other indicators. The tax so collected
Why The US Tax System Is More Complex That It Seems To Be And How To Deal With It?
The underlying intent of any taxation regime is to generate sufficient funds to provide the citizens with public utility services and to have adequate capital for welfare and defense services. Hence, the taxation system should be simple, fair, transparent, legitimate,
Which US States Are Likely To Witness Change In Taxation Policy After Presidential Election Results And What?
The United States of America has one of the most complex taxation systems in the world. With the imposition of federal, state, and local taxes on US citizens, it becomes imperative for them to be vigilant and be watchful of
US Presidential Elections: Key Takeaways For Immigrants And Expats
In the nail-biting race for the post of the President of the United States of America (USA), the world’s most powerful and largest democratic nation, Joe Biden of the Democratic Party succeeded to secure the majority to become the 46th
Investment Income
Rental income, interest and dividends are called investment incomes and are taxed differently than the active income. When a corporation receives rental income or interest income from long-term investments, this income is called specified investment business income. This kind of income