For more updates follow Grant Thornton Bharat on WhatsApp
At Grant Thornton Bharat, our dedicated team provides comprehensive US tax services, including advisory, corporate tax return filing, and individual tax return assistance for US citizens, tax residents, and non-residents, helping navigate complex US tax requirements from India.
On 4th July 2025, sweeping U.S. tax reforms were enacted under the One Big Beautiful Bill Act (OBBBA), introducing significant changes for taxpayers across the board. In response, Grant Thornton Bharat, in collaboration with the Indo-American Chamber of Commerce (IACC), hosted an insightful webinar to unpack the implications of these reforms. The session analyses key provisions, including permanent income tax brackets, increased Child Tax Credit, a new personal exemption for senior citizens and expanded estate and gift tax reliefs.
The webinar concluded with a discussion on the new excise tax on outbound remittances and the importance of implementing the reforms promptly while ensuring compliance under the updated framework.
The Bill introduces major tax breaks for individuals and businesses — ushering in a new era of fiscal policy and planning.
If you are looking to set up a business in the US, we can guide you in the selection of the right type of business (C-Corp, LLC, etc) as well help you in incorporating the company and obtaining all the necessary tax and regulatory registrations. As a part of our US Inbound services, we offer the following assistance:
Incorporation Services
EIN/SSN/ITIN assistance
State Tax Registrations
Sales and Use Tax Registrations
Secretary of State Registrations for doing business.
Are you considering acquiring a US target? In this case, it is very essential to conduct a detailed tax due diligence to ensure that there are no surprises later on. It is also very critical to structure the acquisition in the most tax efficient manner to ensure that you obtain all the relevant tax advantages. In this area, we offer the following services:
US Tax Due Diligence
US Tax Structuring Advisory
Our dedicated team of corporate tax specialists can help you comply with all your regular corporate tax compliance requirements at the Federal and State levels. Our services in this area are detailed below:
Our individual tax return services offer personalised attention and customised solutions for each client. We can help you with the following compliances:
Our specialist private equity/venture capital Fund group can help you comply with all the necessary returns and reporting obligations with respect to your US investors. We offer the following services:
Our team can help comply with FATCA requirements. The purpose of the Act is to ensure that the Internal Revenue Service (IRS) can identify and collect the appropriate tax from US persons holding financial assets outside the US. FATCA legislation applies to any company or entity with US clients or asset(s) which provide US source income. The provisions will impose a 30% withholding tax on certain US source payments made to 'foreign financial institutions' (FFIs) and 'non-financial foreign entities' (NFFEs) that fail to identify certain US investors, even if such US persons directly or indirectly hold only non- US assets. We offer the following services:
The IRS modified filing procedure for US person living outside of United States to come into compliance with their US tax obligations.
The bill is designed to overhaul ineffective tax policies, through reforms that aim to benefit working families and prioritise economic interests of the US.
We offer a set of services and solutions that can help customers and entities identify and analyse dark patterns.
In this PolicyCast episode, unpack the implications of the US Supreme Court’s tariff decision for India-US trade and export strategy — expert insights from Manoj Mishra.
The February 2026 edition of the Grant Thornton Bharat Monthly US Tax Bulletin provides a concise summary of recent key developments in federal and state taxes in the US.
The January 2026 edition of the Grant Thornton Bharat Monthly US Tax Bulletin provides a concise summary of recent key developments in federal and state taxes in the US.
At #GTBharat, we comprehend the complexities of US reporting obligations for funds and US investors.
Effective 1 July 2025, the state of Maryland will apply a 3% tax on certain data and information services.
We have a dedicated team of US tax specialists who are based out of India and can provide you with an extensive range of US Tax Services
