Required Disclosures To The IRS Of Indian Accounts – NRE, NRO and PPF
The U.S. government requires U.S. tax persons to report their “worldwide income” from any source whether it is earned in the U.S. or abroad. A U.S. tax person includes both U.S. citizens, green card holders and other persons satisfying the substantial presence in the U.S. standard. Indian nationals residing in the U.S. who hold Indian […]