FATCA and its implications- a talk by Bazil Shaikh
A talk on FATCA (Foreign Account Tax Compliance Act) was organised by Joshi-Adhikari Institute of Social Studies (JAISS) on Monday, 27th April, 2015 at 4 pm at Ajoy Bhawan, Delhi. Mr. Bazil Shaikh, author and a former central banker spoke about FATCA enacted by the United States and its implications for India. The Act requires ‘US Persons’ to declare their accounts held outside the US and transactions related to these accounts to the US Internal Revenue Service (IRS). It also…