L-1 With Indian Mutual Funds: PFIC and Form 8621 Questions Holding mutual funds in India while living in the U.S. on an L-1 visa creates one of the most...
H-1B With Indian Insurance Maturity: U.S. Tax Questions Receiving a payout from a matured Indian life insurance policy while on an H-1B visa introduces significant U.S. tax complications. While...
L-1 With Foreign Pension Account: U.S. Reporting Questions Transitioning to the U.S. on an L-1 visa leaves your foreign pension accounts sitting abroad, continuously accruing interest or dividends. Many...
L-1 With Indian Life Insurance Maturity: U.S. Tax Questions Life insurance policies from institutions like LIC or HDFC Life are traditional savings vehicles in India. However, if your insurance...
F-1 Student With Indian Mutual Funds: PFIC and U.S. Tax Risks Investing in foreign pooled investments, such as Indian mutual funds or Systematic Investment Plans (SIPs), creates severe compliance...
Green Card Holder With Indian Demat Account: Reporting Review Maintaining a Dematerialized (Demat) account in India allows Green Card holders to trade and hold Indian equities, bonds, and securities...
Green Card Holder With Foreign Pension Account: Reporting Review Holding a pension or retirement account in a foreign country—such as a UK SIPP, Canadian RRSP, Australian Superannuation, or European...
Green Card Holder With Foreign Retirement Account: U.S. Tax Questions Holding a pension or retirement plan in another country can trigger unexpected reporting requirements for U.S. permanent residents. The...
Green Card Holder With Indian ULIP: PFIC and Tax Questions Unit Linked Insurance Plans (ULIPs) from India combine life insurance coverage with equity or debt market investments. For a...
H-1B With PFIC Investment: Form 8621 Questions H-1B workers who hold foreign mutual funds, unit trusts, or offshore pool investments frequently own Passive Foreign Investment Companies. The IRS applies...