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Foreign assets(FD in Indian banks) declaring to IRS/UST

Posted: Sun Feb 01, 2015 6:07 am
by techynt
Last year we paid taxes calculated for interest earned during tax filing and also declared to IRS the account details.

Same thing was done to US Treasuries using online form, I think, called as FBAR.

Is it the same this year also(2015), or there is some change?

Foreign assets(FD in Indian banks) declaring to IRS/UST

Posted: Mon Feb 02, 2015 3:48 am
by suba
Yes it's the same as far as I know.