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India Business · irs.gov · Monday, 1 June 2026

Non‑resident aliens face 40% US estate tax on assets over $60K

The IRS states that non‑resident aliens face a U.S. estate‑tax filing threshold of just $60,000 on U.S.-situated assets. Any amount above that is subject to estate tax rates that can reach 40%, affecting assets such as stocks, ETFs, and real estate held by returning NRIs.

Read the source: irs.gov ↗In the 1 June issue →