The IRS ended its Offshore Voluntary Disclosure Program or OVDP for short, on September 28, 2018.This program which was in effect since 2014 helped a lot of people to come forward and become compliant. Now what should the taxpayers do since this program is no longer available? The good news here is that most taxpayers
OCI and PIO cards merged by the Indian government. What does it mean for you as an expat? Are there any tax implications due to this merger? The Narendra Modi government had promised the Indian diaspora in September 2014 that the Persons of Indian Origin (PIO) and Overseas Citizen of India (OCI) schemes would be
Brief history and background If you are a US resident, citizen or a green card holder (also includes US expats staying outside the US) you are required by law to declare your global income to the US government and also comply with certain regulatory compliances as required by the IRS and other US regulatory bodies.
