Avant Tax | U.S.–India–UAE Cross-Border Tax Advisory

International Reporting

If you have foreign bank accounts, investments, or assets, U.S. law requires strict reporting. Missing these filings can lead to heavy penalties.

Key Compliance Areas

FBAR (FinCEN 114)

Mandatory if foreign accounts exceed $10,000.

FATCA (Form 8938)

Disclosure of foreign financial assets.

Foreign Investment Reporting

Stocks, mutual funds, crypto, etc.

Risks of Non-Compliance

Penalties up to thousands of dollars

IRS audits​

Legal complications