Search results
Results from the WOW.Com Content Network
Inward remittances from outside India, legitimate dues in India and transfers from other NRO accounts are permissible credits to NRO account. [10] [11] Since 1991, India has experienced sharp remittance growth. In 1991 Indian remittances were valued at US$2.1 billion; [5] [12] in 2006, they were estimated at between $22 billion [13] and $25.7 ...
Repatriation tax avoidance is the legal use of a tax regime within a country in order to repatriate income earned by foreign subsidiaries to a parent corporation while avoiding taxes ordinarily owed to the parent's country on the repatriation of foreign income. [1]
Repatriation is the return of a thing or person to its or their country of origin, respectively. The term may refer to non-human entities, such as converting a foreign currency into the currency of one's own country, as well as the return of military personnel to their place of origin following a war .
Tax repatriation refers to the tax imposed by the U.S. on the return of money that multinational corporations make overseas. Before the Tax Cuts and Jobs Act, the IRS required corporations to pay...
The law on the repatriation of self-declared Republic of Abkhazia [28] gives the right of return to the ethnic Abkhaz and Abazins who are the descendants of the refugees who left Abkhazia due to the 19th-century conflicts. [29] The State Repatriation Committee provides support to the repatriates. [30]
A correspondent account is an account (often called a nostro or vostro account) established by a banking institution to receive deposits from, make payments on behalf of, or handle other financial transactions for another financial institution. Correspondent accounts are established through bilateral agreements between the two banks.
This lack of information has been identified as a key problem by a number of countries at the first meeting of the UNCAC Open-Ended Working Group on Asset Recovery held in Vienna in August 2007. The ICAR hosts an online learning platform on asset recovery [ 25 ] that includes technical publications, news articles, case studies, and individual ...
NRO may stand for: . National Reconciliation Ordinance, a Pakistani law; National Reconnaissance Office, maintains United States reconnaissance satellites; National Repertory Orchestra, in Colorado