[Gujarati Club] Fw: IRS amnesty program focussed on overseas Indians

 

----- Forwarded Message -----
From: Mukesh Pandya <mpandya46@yahoo.com>
To: mukesh pandya <mkpandya2000@yahoo.com>
Sent: Saturday, July 30, 2011 6:43 PM
Subject: Fw: IRS amnesty program focussed on overseas Indians

--- On Mon, 7/25/11, Kirit Shah <kiritshah@yahoo.com> wrote: From: Kirit Shah <kiritshah@yahoo.com> Subject: Fw: IRS amnesty program focussed on overseas Indians To: Date: Monday, July 25, 2011, 12:11 PM IRS has asked HSBC India to provide the names of the overseas Indians holding bank accounts in India.  The earlier amnesty program is extended with increased penalties.   It is likely that the requirement for disclosures may soon be extended to any assets one has in India.    http://www.irs.gov/businesses/international/article/0,,id=235699,00.html   Kirit Shah

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