Page 16 - Foreign Assets News Today

Inheritance of foreign assets under a will is not taxable whereas the sale of such assets by the legal heir would attract capital gains tax in the hands of the legal heir.

The Biden administration has announced that the Maduro regime will henceforth accept the return of Venezuelans deported from the United States. Will sanctions relief will soon follow?

(The Center Square) – Illicit drug dealers have started mixing a group of opioid alternatives developed more than 60 years ago with fentanyl and heroin to create dangerous and potent

(The Center Square) – Illicit drug dealers have started mixing a group of opioid alternatives developed more than 60 years ago with fentanyl and heroin to create dangerous and potent

The Treasury Departments latest round of sanctions targets 28 people and entities involved in a fentanyl-smuggling operation based in China.

ISLAMABAD: Ministry of Planning, Development and Special Initiatives (M/o PD&SI) has cautioned that interest...

If you are a tax resident of India and have foreign assets, remember to disclose them in your income tax returns. Recently, a taxpayer learnt this the hard way after a penalty of Rs 30 lakh was imposed on her for failure to do so. In a conversation with Moneycontrol, Preeti Sharma, Partner, Global Employer Services at BDO India talks about how to disclose your foreign assets and how to rectify past non-reporting or misreporting of such assets.

The U.S. government is turning up the dial on its efforts to combat evasion of export controls and sanctions against Russia.

Lazarus Group, the North Korea-based hacking collective, accounts for a huge $47 million in cryptocurrency theft which includes Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) ($1.9 million), BNB

With so many new, emerging risks coming to the forefront, ACI is excited to announce our Digital Assets Compliance: AML, Sanctions and Regulatory Oversight. Unlike other conferences,...