Cross-Border Tax Planning: Strategies for USA and India
Introduction With the growth of global mobility and the increase of investment potential, businesses and individuals who operate and have offices in the United States and India, are now more than ever. While this can be very good for business, it can also turn out to be quite a complicated matter as you will find a lot of tax obligations that you need to fulfill in both of the countries. Suppose you are an India-origin professional based in the US, a Green Card holder who owns a property in India, or an Indian resident who is earning from US sources. In that case, it becomes very important to manage cross-border tax efficiently. If there is no clear plan in place, you will be in danger of double taxation, missed deductions, and fines. The guide basically lays down some hands-on approaches to mitigating tax burdens and guaranteeing compliance—depending on the know-how of premier US Taxation Companies in Hyderabad who are the go-to persons to assist NRIs and expats in understanding and h...