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    Can anyone recommend an attorney who is experienced in foreign investment matters? Client is planning to invest in a business in India, in their name through a Trust, along with a group of friends that have established a Trust in India, which is the ...

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    I'm not an expert in this - but I did find this analysis: Treas. Reg. § 1.61-12(a) provides that there is no cancellation of debt (COD) income if a shareholder gratuitously forgives debt of the corporation. The transaction instead amounts to a contribution ...

  • Posted in: All member Forum

    Hi Makoto, Thanks for sharing the info. I did find that IDFPR online site has been updated and I have successfully renewed the license there today already. Many Thanks to you. I really love this community of professionals who always reach out to help ...


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