Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>India-US Tax Info Exchange under DTAA & FATCA: Key Deadlines, Reporting Rules, and Confidentiality Safeguards</h1> The statutory provisions outline the exchange of tax information between India and the United States under the DTAA and FATCA agreements. Payments related to U.S. and Indian reportable accounts are determined by their respective tax laws. Information exchange began in 2014, with specific data requirements evolving annually. Reporting institutions are not required to provide taxpayer identification numbers if unavailable, substituting birth dates instead. Information must be exchanged within nine months post-calendar year. Confidentiality and procedural safeguards are mandated, with mutual notifications confirming compliance. The agreement's obligations commence upon mutual notification and will terminate if not operational by September 30, 2015.