Non-disclosure of foreign assets comes back to haunt thousands

24 mai 2022
Some of the summons relate to remitting money that was transferred from another member of the family who has exhausted individual LRS limit for the year. If such fund transfers are not established as a 'gift' to the family member, it could be construed as 'borrowing' - and therefore a violation (...)
 Site référencé:  The Economic Times

The Economic Times 

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