A publication in the Economic Times has caused much debate in India since after blacklisting Cyprus for not sharing information on tax evaders, India is now looking to take away the favourable tax treatment available to investors from the European tax heaven under the bilateral tax treaty between the two countries.

New Delhi is looking to amend a clause in the 19-year-old tax treaty that offers benefits akin to India-Mauritius double taxation agreement – exemption […]

Unlike virtually every other developed country, the United States bestows upon its citizens the unique pleasure of being taxed on their worldwide income, regardless of where that income is earned. To sweeten the pot, Uncle Sam also imposes estate and gift taxes on the value of property transferred by a US citizen by gift or upon death regardless of the location of those assets.1 Even if a US citizen in Canada (and elsewhere abroad) […]