Taxes

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Federal vs State Taxes for NRIs with Multi-State U.S. Exposure

Remote work and mid-year moves create multi-state tax risk for NRIs, Green Card holders and H‑1B workers. Federal residency rules…

Dual-Country Residency for H-1B Professionals: U.S. & India Tax Plan

H-1B professionals returning to India should evaluate the U.S. Substantial Presence Test and India’s residency rules to avoid double taxation.…

Dual Taxation of Indian Startup Shares for US-Relocated Founders

Founders who relocate to the U.S. face taxation in both countries: India taxes unlisted share gains (12.5% LTCG after 24…

Taxation of U.S. Stock Compensation While Living in India

Returnees with U.S. RSUs or ESPP may owe tax in both the U.S. and India when vest/purchase or sales straddle…

State Residency Pitfalls for Indian-Origin Returnees from the U.S.

States such as California, New York, New Jersey, and Virginia can tax returnees if U.S. ties remain. Terminate leases, surrender…

U.S. Gift and Inheritance Planning for Indian Assets: Practical Rules

As cross-border gifts and inheritances rise, Indian-U.S. families face closer scrutiny. File Form 709 for gifts above $18,000 (2025) and…

IRS Audits for NRIs: Key Triggers and Compliance Tips

IRS scrutiny of Americans in India focuses on FBAR (>$10,000) and Form 8938 (higher asset thresholds). Missed filings, mismatched income,…

GILTI for India Founders: Navigating High-Tax Exemption and Filings

GILTI requires U.S. shareholders with ≥10% ownership in foreign corporations to report tested income yearly. India’s ~25% tax often allows…