Taxes
Tax filing requirements for immigrants, visa holders, expats, and NRIs. Covers 2026 brackets, treaty benefits, FBAR and FATCA compliance, ITIN applications, and state tax obligations for non-residents.
Top questions about Taxes
Answers from VisaVerge guidesWhat is the main U.S. federal filing deadline for India-to-U.S. movers in 2026 tax year?
April 15, 2027 is the main U.S. federal filing deadline for many India-to-U.S. movers reporting both Indian and U.S. income for tax year 2026.
Read: RNOR vs ROR in India: Navigating DTAA in Mid-Year MigrationWhat are the implications of not updating tax residency for Indian citizens moving to Canada or the U.S. in 2025?
People who keep old statuses can be treated as full residents in two places at the same time, leading to dual taxation until they correct their records.
Read: Indian Tax Residency 2025: 182/60-Day Rules and Update ImplicationsHow does tax residency status affect H-1B visa holders for the 2025 tax year?
H-1B visa holders may be resident aliens, nonresident aliens, or dual-status filers based on their days of presence in the United States during 2025 and prior years, which impacts how they file taxes and what income is taxable.
Read: H-1B Visa Holders Face Substantial Presence Test in 2026. When Are They Resident Aliens?How does this affect U.S. immigration and tax filings for NRIs?
U.S. tax residents with India activity like property or frequent cash movements may need to report these assets under IRS rules, including FBAR and Form 8938 filings.
Read: Union Budget 2026-27 Sets 30% Tax Rate on Unexplained Income in Cash Credits and InvestmentsDoes India's Budget 2026 affect how NRIs report their income to the IRS?
No, U.S. residents must still report worldwide income and foreign assets regardless of India-side disclosures.
Read: NRIs in U.S. Must Report Global Income Despite India's Budget 2026 SimplificationLabor Targets Negative Gearing and CGT Discount in Budget Overhaul
Australia considers 2026 budget reforms to negative gearing and CGT discounts to improve housing affordability and reduce tax concessions for investors.
Income-Tax Act, 2025 Replaces Tax Audit Forms with Section 63 and Consolidated Form 26
India introduces Form 26 and Section 63 for tax audits starting April 2026, replacing old forms with a…
Section 301 Rules Make Earnings and Profits the Key to Taxing Shareholder Distributions
Guide to 2026 corporate distribution reporting, 1099-DIV deadlines for 2027, and the tax impact of Earnings and Profits…
Israel Promises 0% Income Tax for New Immigrants in Major Aliyah Drive
Israel announces a 0% income tax for new immigrants in 2026-2027 on local income up to NIS 1M…
Income-Tax Rules 2026 Introduce Forms 46 and 47, Require Chartered Accountant Certification
Forms 46 and 47 create a new online route under India’s 2026 tax rules for multi-year arm’s length…
5 Key Investing Ratios That Reveal If a Share Price Is Truly Cheap or Expensive
Learn how to use financial ratios like P/E and debt-to-equity to evaluate business health, liquidity, and valuation for…
₹12 Lakh Rebate Won’t Stop Firms Deducting 10% TDS Under Section 194T
Section 194T requires firms and LLPs to deduct 10% TDS on specified partner payments above ₹20,000 from 1…
₹12 Lakh Income Pays Zero Tax Under Section 87A Rebate, Not Exemption
India's AY 2026-27 new tax regime offers zero tax up to ₹12 lakh for residents via Section 87A…
75+ Super Senior Citizens Can Skip ITR Filing Only If Section 194P Conditions Are Met
India's Section 194P allows resident seniors 75+ to avoid ITR filing in 2026 if income is limited to…
Upstox Warns ₹12 Lakh Section 87A Rebate Excludes Share Capital Gains Under New Tax Regime
Indian taxpayers must classify share profits as business income or capital gains carefully to navigate the new ₹12…