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Understanding Wealth Tax Equivalent Structures and Compliance Globally

An advanced course for HNIs, business owners with complex income and family offices who hold or plan to hold wealth across borders. India abolished its wealth tax in 2015, but wealth is still taxed here through surcharge, disclosure schedules, deemed rent, gift rules, stamp duty and transaction taxes. Learn how those wealth tax equivalents work, then see how other countries tax wealth directly: annual net wealth taxes in Switzerland, Norway and Spain, narrow asset taxes in France and Italy, the Dutch deemed return model, and estate and inheritance taxes in the US, UK and Japan. Understand exit taxes, the global billionaire minimum tax debate and why wealth taxes succeed or fail. Finish with the compliance an Indian resident with foreign assets cannot skip: Schedule AL, Schedule FA, the Black Money Act, CRS and FATCA reporting, and LRS with TCS.

Wealth TaxWealth Tax Act 1957SurchargeSchedule ALSchedule FABlack Money ActNet Wealth TaxEstate and Inheritance TaxExit TaxCRS and FATCALRS and TCSCross-Border Compliance

MODULES

DURATION

~4 hrs

TRACK

Tax & Wealth Planning

What You'll Master

Distinguish a tax on wealth from a tax on income and identify where Indian law taxes wealth indirectly

Explain how India's Wealth Tax Act, 1957 worked, why it was abolished and what replaced it

Compare annual net wealth taxes, narrow asset taxes, deemed return systems and death taxes across major jurisdictions

Assess how exit taxes and inheritance rules abroad affect an Indian family with members or assets overseas

Evaluate the global wealth tax debate on its practical merits: valuation, liquidity and capital flight

Disclose foreign assets correctly in Schedule FA and domestic assets in Schedule AL

Understand how CRS and FATCA put your overseas accounts in front of the Indian tax department

Plan outward remittances under LRS with the TCS cost and credit built in

Access Level

PRO

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Everything included

Full Text Playbooks

Actionable Exercises

Mobile Reading Mode

Lifetime Updates

Curriculum Breakdown

Chapter 1: Wealth Tax in India, Then and Now

4 Lessons

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Taxing a Stock, Not a Flow: What a Wealth Tax Actually Is12 min read

Preview

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India's Wealth Tax Act, 1957: How It Worked and Why It Was Abolished14 min read

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The Replacements: Surcharge on High Incomes and Schedule AL Disclosure14 min read

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Wealth Tax Equivalents Hiding in Indian Law: Deemed Rent, Gift Rules, Stamp Duty and STT15 min read

Chapter 2: How Other Countries Tax Wealth Today

4 Lessons

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Annual Net Wealth Taxes: Switzerland, Norway and Spain15 min read

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Narrow Wealth Taxes: France's Real Estate Wealth Tax and Italy's Taxes on Foreign Assets13 min read

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Deemed Return Systems: The Netherlands Box 3 Model12 min read

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Taxing Wealth at Death: Estate and Inheritance Taxes in the US, UK and Japan15 min read

Chapter 3: Exit Taxes and the Global Wealth Tax Debate

3 Lessons

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Exit Taxes: What Happens When the Wealthy Change Residency14 min read

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The Billionaire Minimum Tax Debate: G20 Proposals and Unrealised Gains13 min read

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Why Wealth Taxes Fail or Survive: Valuation, Liquidity and Capital Flight13 min read

Chapter 4: Compliance for Indian Residents With Global Wealth

4 Lessons

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Schedule FA and the Black Money Act: Disclosing Foreign Assets Correctly15 min read

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CRS and FATCA: How Your Overseas Accounts Reach the Indian Tax Department13 min read

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LRS and TCS: Moving Money Abroad Within the Rules14 min read

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Building a Cross-Border Wealth Compliance Calendar for a Family14 min read