As global markets are witnessing a slowdown and ongoing trade war between US and China, on the other hand, changes in US tax policy are expected to contain the damage, which may affect the US economic outlook in the future. After much speculation however on expected changes in the US tax policy front, PresidentContinue reading “Trump retracts from tax cuts in the wake of US recession fears”
Tag Archives: Taxation
Non-resident Indians are using this trick to evade paying taxes
Following the agreement signed between India and US on implementation of (FATCA), non-resident Indians in US have started selling off their assets by transferring them under family trusts. The reason why NRIs in the US transfer their properties to trusts is to absolve them from the responsibility to pay taxes on such transactions, as trustContinue reading “Non-resident Indians are using this trick to evade paying taxes”
Analysis of UK economy based on July 2012 key economic indices
It seems like UK economy is facing a cool breeze after days of braving the heat. As put up by Stephanie Flanders in her 19th October article on BBC, figures pertaining to Inflation, Retail Sales, Employment and Public Finances have been pleasanter to what was coming out from the respective statisticians. Even EU Summit, 2012Continue reading “Analysis of UK economy based on July 2012 key economic indices”
