India-U.S. Tax Issues: FATCA/FBAR Reporting Compliance, NRE/NRO Account Requirements, Tax Treaty Benefits

Mr. Mandowara is a Manager at Eisner Amper India.

Mr. Navani, a Shareholder at WilkinGuttenplan, joined the firm in 1998. His client roster includes emerging and established businesses in the life sciences, software, manufacturing industries, and other closely held businesses and business owners. Mr. Navani provides income tax planning assistance focusing on a business’s “formation to exit” life cycle. The “formation to exit” includes capitalization, choice of entity, retirement planning, charitable giving strategies, coordination with tax examinations, business sales, and post-sale planning for the business owners. He devotes much of his practice to international tax matters, including U.S. tax aspects of international business, such as foreign businesses doing work in the U.S., U.S. businesses doing work abroad, transfer pricing, and cross-border mergers and acquisitions.

Mr. Patel’s practice concentrates on tax, international tax planning, estate planning, and elder law. His focus is on all tax matters including international tax law, foreign bank account disclosures, tax audit defense, and tax appeals. He has advocated over one hundred voluntary tax disclosures for assets before the US Internal Revenue Service. Mr. Patel is a frequent speaker and writer on legal issues affecting tax, foreign account planning, and estate planning. He is a New Jersey Super Lawyer by New Jersey Magazine for tax and estate planning. Mr. Patel has also received an AV rating from the Martindale-Hubbell Peer Review Rating System, which is the highest professional rating possible among lawyers. He is the Chairman of the Tax Law Committee of American Bar Association’s GP Solo and Small Firm Division. Mr. Patel is a member of the New Jersey State, New York State, Florida, and American Bar Associations. He also serves as Municipal Court Judge for Westfield Township and Edison Township Municipal Courts, with jurisdiction of vehicular violations, temporary restraining orders, criminal and ordinance offenses.

Ms. Shah is a Tax Manager in WilkinGuttenplan’s International Tax Group. She began her career with the firm as an intern more than ten years ago and returned as a manager after gaining experience at a Big Four accounting firm and in her family’s CPA practice. Ms. Shah provides tax compliance and planning services to closely held businesses with international operations, as well as to individuals with foreign income, assets, and filing requirements. Drawing on her background as a small business owner, she brings a practical understanding of day-to-day operational challenges and uses that perspective to help clients navigate complex cross-border tax issues and optimize their overall tax position.