US Taxes Mutual Fund Investments in India | Investing blog and info
31 Jul
Posted by as Mutual Funds
Main points are:• Mutual Funds in India (or any other country outside US) mostly qualify as Passive Foreign Investment company . • These investments need to be declared to IRS every year by June 30th.
US Taxes Mutual Fund Investments in India | Investing blog and info
31 Jul
Posted by as Mutual Funds
Main points are:• Mutual Funds in India (or any other country outside US) mostly qualify as Passive Foreign Investment company . • These investments need to be declared to IRS every year by June 30th.
Your choice of Mutual Fund Company is another factor that decides the safety and the profitability of your investment.
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