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US tax law News

25 Feb 2018

New US tax law brings Warren Buffett a nice check: $29 billion

Berkshire Hathaway, the holding company of US billionaire investor Warren Buffett, received a stunning $29 billion check last year from the US government, thanks to a new tax law that massively lowered corporate tax rates.

26 Aug 2014

MFs rope in KPMG to comply with new US tax law

Indian mutual funds have roped in global consultant KPMG to help them prepare for the Foreign Account Tax Compliance Act (FATCA) - a new law enacted by the US to help combat tax evasion by Americans through overseas entities including in India.

26 Aug 2014

MFs rope in KPMG to comply with new US tax law

FATCA, which took effect from July 1, may have significant implications for Indians residing in the US and investing in products offered by the Rs 10 trillion Indian mutual fund industry.

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