Hi,
I was born in India and got naturalized recently.
I am planning to open a CD account in India.
Could anyone please mail me the answers ?
1. Can I open a CD account in India from U.S. ?
2. if so, do I have to have the PAN number ?
3. If I open a CD account in India , do I have to report the interest to IRS when I file for taxes ? If so, what documents / forms do I have to provide IRS ?
Details regarding the above would be greatly helpful for me to make a decision.
Thanks in advance
Regards
Tmmet
I was born in India and got naturalized recently.
I am planning to open a CD account in India.
Could anyone please mail me the answers ?
1. Can I open a CD account in India from U.S. ?
2. if so, do I have to have the PAN number ?
3. If I open a CD account in India , do I have to report the interest to IRS when I file for taxes ? If so, what documents / forms do I have to provide IRS ?
Details regarding the above would be greatly helpful for me to make a decision.
Thanks in advance
Regards
Tmmet
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