Looking for a US tax advisor, who is familiar with the tax intricacies of offshore investments (particularly India-bound) by US residents - A rapidly growing Indian alternative asset manager has registered with the US SEC, enabling them to offer their Portfolio Management Service (PMS) and Cat III AIF (Alternative Investment Fund) to US investors. They seek a US tax advisor familiar with offshore investments, particularly India-bound, to: 1. Advise on IRS options to avoid AIF classification as a PFIC. 2. Guide on accounting, client reporting (K-1s), and audit compliance. 3. Create a document on accounting principles and IRS tax treatment for US investors, outlining how to maximize FTCs under the US-India tax agreement.
Jun 07, 2024