India Widens Use Of Foreign Currency Accounts In Gift City

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Wed, 07/10/2024 - 11:14pm

India widens use of foreign currency accounts in GIFT City

Sections: u.s.

BING NEWS:

IRS offers penalty relief for late-filed foreign gift forms
The Internal Revenue Service has decided to stop automatically levying penalties when a taxpayer files a form reporting foreign gifts too late.
10/31/2024 - 4:54 am | View Link
News Overview
The bank's asset quality improved significantly, with Gross NPA down to 1.37% from 1.70% and Net NPA down to 0.46% from 0.99% year on year.
10/30/2024 - 1:00 pm | View Link
IRS to end automatic penalties for late filing of foreign gift, bequest forms
National Taxpayer Advocate Erin Collins discussed the changes in a recent blog post. The changes have been long advocated by the AICPA.
10/29/2024 - 9:59 am | View Link
[ANNIVERSARY] Foreign residents in Korea frustrated over inconvenient online financial services
Editor’s noteThis article is the ninth in The Korea Times' 2024 series focusing on diversity, inclusiveness and equality. — ED.A foreign student at Yonsei University said she received a pop-up on her ...
10/28/2024 - 3:23 pm | View Link
Late Form 3520 Foreign Gifts And Bequests, Good News From IRS
IRS will no longer automatically assess penalties for late filing of Form 3520 reporting foreign gifts and inheritances when taxpayer provides "reasonable cause." ...
10/25/2024 - 11:28 pm | View Link
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