Business

Withdrawal of IRA by a US Non-residentIn the tricky terrain of international taxation, the withdrawal of Individual Retirement Accounts (IRA) by US non-residents presents a nuanced challenge. This article delves into the tax implications surrounding the withdrawal of both Traditional and Roth IRAs by individuals classified as US non-residents. We address the pertinent questions surrounding withdrawal strategies, tax implications, and the […]Business · May 29, 2024Read the article Navigating Dematerialization: Regulatory Guidelines for Dematerialization of Shares by September 2024The Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 (PAS Amendment Rules) usher in a new era of digitization in the corporate domain by extending the benefits of dematerialization of shares to private companies. It’s essential to grasp the nuances of the updated dematerialization compliance regulations to ensure stress-free operations in the new […]Business · May 3, 2024Read the article Year-End GST Checklist | Smooth Transition to FY 2024-25Venturing into the FY 2024-25 brings with it a flurry of responsibilities for all GST registered firms and proprietors, particularly in the realm of GST compliance. As the curtains draw close on the 2023-24 financial year, it’s time for businesses to equip themselves with a thorough year end GST checklist. This GST checklist serves as […]Business · Apr 29, 2024Read the article Estate Planning Services in India and the United States – A Comprehensive Guide for Your Financial FutureEstate planning is the process of preparing for the transfer of a person’s wealth and assets after their death. It involves a range of legal and financial activities that can help individuals ensure their assets are distributed as they wish, while minimizing taxes and other costs. Estate planning is important for people of all ages, […]Business · Feb 24, 2023Read the article Why India-based AIF needs to register with IRS – Understand Tax Implications, Legalities & Registration ProcessAlternative Investment Funds (AIFs) with a base in India have grown significantly in popularity in recent years, offering investors a fresh means of diversifying their assets and gaining access to new investment opportunities. However, given the popularity of this investment vehicle, AIFS must understand the related legal and tax implications. Registration with the Internal Revenue […]Business · Feb 17, 2023Read the article INVESTING IN AIF: OVERVIEW OF TAX COMPLIANCESAs the pandemic hit, a huge section of the crowd progressed in their investing journey. Many people routed themselves towards private investment. In recent years AIFs have been one such investment that gained momentum. It helped in economic stability by providing new emerging entrepreneurs with the right financial support. Due to its large initial investment […]Business · Oct 19, 2022Read the article Protecting Graphic Assets in the Digital WorldConsider this scenario – there is a social media agency that posts various graphic creations on social networking platforms for its own promotional campaign. Some of these posts, by virtue of their innovative designs, go viral. However, they are taken out of the context and within just a few days, the designs of these posts […]Business · Oct 13, 2022Read the article Confused About Where to Incorporate Your Business? Help is hereHaving a choice is a luxury. This luxury is not restricted to when you go shopping for clothes, watches, and cars. You can also choose which state in the US to incorporate your business in! You could incorporate your business in your home state, or you could incorporate it in a business-friendly state. Each and […]Business · Sep 30, 2022Read the article How to be Candid with the IRS About Your Stocks in a Foreign CorporationOwning shares in a foreign corporation is a gratifying and fruitful experience. You can indirectly be a part of economic growth in any part of the world. The IRS, however, requires you to let it know about these investments so that it has a record of which US taxpayers have ownership in foreign corporations. The […]Business · Sep 16, 2022Read the article Can a Brand name or Logo be Trademarked or Copyrighted Globally?Every company or brand ever made was initially established to take over the world with its ideas and creativity. For an idea to survive the whirlwind of competitors, the makers and owners need to protect their hard-earned work from being emulated. To do so, they need to register such logos, brands or symbols that serve […]Business · Aug 31, 2022Read the article Selling Remotely? Check on your sales tax obligations!A big change that has been happening since 2020 in the business domain is in the area of sales. Remote selling has become a key aspect of expanding and maintaining operations. For B2B buyers and sellers, 90% of all transactions have become remote. What is remote selling? It is when marketing and sales happen through […]Business · Aug 29, 2022Read the article A Tutelage in Transfer PricingBenchmarking is a key concept that allows companies and businesses to adapt, grow and thrive. Important metrics pertaining to the business are compared to understand where the business/company needs to change in order to be on par with the best in the field. Benchmarking is also a crucial subset within Transfer Pricing. What is Transfer […]Business · Aug 23, 2022Read the article How to Keep Your Business Safe From Money-LaunderingThe FATF (Financial Action Task Force) defines Money laundering as “the processing of the criminal proceeds to disguise their illegal origin” Money is laundered by introducing illegal profits into the financial system. After that, they are channeled into purchasing various investment instruments. It is estimated that roughly 2 trillion is laundered through financial systems every […]Business · Aug 23, 2022Read the article Harness the Powers of the Trademark and the CopyrightDouble golden arches on a red background. A swoosh. A bitten apple. The brand names weren’t mentioned, but you knew which brand was being indicated. That is the power of a trademark. A trademark is what is called Intellectual Property. According to the World Intellectual Property Organization (WIPO), “Intellectual property (IP) refers to creations of […]Business · Aug 20, 2022Read the article A Guide To Choosing The Best Home For Your Holding CompanyWe have all heard of Alphabet in the news, often in conjunction with Google. Alphabet is essentially a holding company, and it is the parent company of Google. Apart from Google, Alphabet also has other subsidiaries like Waymo, Verily, Fitbit, and even YouTube. But what is a holding company and what purpose does it serve? […]Business · Aug 19, 2022Read the article