Cayman Counsel Series: Extended Notification and Reporting Dates for US FATCA and UK FATCA for 2016
By Madeleine Welham From Ogier Further to our recent advisory, Cayman Counsel Series: 2016 TIA Notification for US FATCA and UK FATCA, the Cayman Islands Tax Information Exchange Authority (TIA) has advised that they will take a soft approach to…
FACTA: Expect the unexpected (and the worst) in tax treatment and disclosure of offshore assets, particularly for Indian assets
By Parag Patel in NRI Tax From The Economic Times On July 9, 2015, India and the US signed an agreement to implement the Foreign Account Tax Compliance Act (FATCA) that will facilitate exchange of information between the two countries…