Tomorrow 22nd Meeting on FATCA and Exit Tax for US Citizens and Indian Residents at 5.00pm sharp followed by Dinner

Dear Members,

Foreign Account Tax Compliance Act (FATCA) is the US Government's response to a series of investigations into US tax evasion scandals in or around 2006. The purpose of FATCA is to prevent US persons from using banks and other financial institutions outside the USA to park their wealth outside US to avoid US taxation on income generated from such wealth.  FATCA obliges such banks and financial institutions to report information about US persons having accounts with them. FATCA legislation affects both individual and entities who are treated as a 'US person' for US tax purposes. Considering the increase in the transactions between India and the USA, many of our clients are coming in the ambit of this law. Further India has signed treaty with US for sharing of information and many of our clients have started receiving letters from banks for FATCA compliance.

A need is felt to thoroughly study this topic and accordingly we have organized a study circle meeting jointly with Ashram Road CPE Study Circle of WIRC on the subject FATCA and Exit Tax for US Citizens and Indian Residents, details are as under:

TOPIC	FATCA and Exit Tax for US Citizens and Indian Residents
DAY & DATE	Wednesday, 30th December, 2015
TIME	5.00 to 5.30pm – Fellowship and Tea / Coffee  5.30 to 7.30pm – Meeting  7.30pm onwards Dinner
FACULTY	Mr. Parag Patel (Law Attorney, USA)
CPE HOURS	2 Hours
VENUE	ATMA Hall, Ashram Road, Ahmedabad

 

Members are requested to make it convenient to attend the meeting.

Spot registration will be made on payment of Rs. 200/- for Non- members.

With Best Regards,

For, Navjivan CPE Study Circle of WIRC of ICAI

 

 

CA. Rutvij Shah (Convener) 98255 28581

CA. Shilpang Karia (Dy. Convener) 9825245520

CA. Anuj Shah (Dy. Convener) 92275 10102

CA. Ashish Sharma (Dy. Convener) 98245 03606