Hud 5370 Ez 2014-2023 Form
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FAQs hud 5370 general
How do I fill out the form for a national scholarship, being in the general category?Hari om , you are asking a question as to : “How do I fill out the form for a national scholarship, being in the general category?.”All categories candidates are eligible for national scholarships.It is a purely merit based scholarship.Simply fill all the columns & submit the application to the concerned authorities within the due date.If you are meritorious among the eligible applicants , you will be awarded the scholarships.Best of luck. Hari om.
If I am living in UK with T2 General visa and work as a contractor for a US company with W-8BEN form filled out, do I still need to pay income tax to the UK government?Yes.Every country in the world taxes people who live there. The US (which claims global jurisdiction over its citizens) taxes you because you are a citizen, the UK (which accepts that its jurisdiction stops at its own border, like every other country except the US) taxes you because you are present and earning money.But you don’t pay tax twice.The UK gets the first bite of the cherry - you’re living there, so you should pay towards public services. If you’re resident, you are taxed like the British taxpayers alongside whom you work, except if you have US investment or rental income that you don’t transfer or remit to the UK, special rules for ‘non-domiciled’ visitors may mean there’s no UK tax on this non-UK income (this is a complex area - take proper advice).You then report all your income to Uncle Sam too. The IRS lets you exclude a certain amount of foreign earned income for US tax purposes (up to $103,900 for 2018). If, even with the exclusion, you still owe US income taxes on your UK compensation, you should be able to claim a credit for UK taxes paid that reduces your US tax liability.Again, this is a complex area - take proper advice.It’s actually even more complex, because social security taxes operate under different rules. You should pay in only the UK or the US, but which country’s rules apply depends on the exact circumstances and how they fit with the US-UK bilateral social security treaty.Take advice (I hope that is clear by now!).
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How to fill the apple U.S tax form (W8BEN iTunes Connect) for indie developers?This article was most helpful: Itunes Connect Tax Information
How many tax forms does a small startup usually have to fill for the IRS?It depends. Have you set up a separate legal entity, such as a C corporation or an LLC? Are you operating as a sole proprietor? Are you referring specifically to income tax returns? Depending on what kind of business you have, you may include additional schedules, election statements, informational forms to supplement your income tax returns.
What observation have you made about China which most others missed?Long, long ago… so long ago… I actually do remember how long ago… I was shopping at a Walmart (don't judge). And I was shocked to find practically everything sold at the Walmart was made in China!Till that point in time, I had very little knowledge of China. As I continued being a shopper in the US, I started to realize that practically everything sold in the US was made in China! Most American stores - Walmart, Target, container store, bed bath and beyond, Apple, etc - were merely sales outlets for Chinese products.I would sing praises of China, while my Indian and American friends would calm me down by saying that the US only gets low-end, cheap stuff made in China, while the higher quality stuff comes out of US, Japan, Taiwan, Europe (mostly automobiles).So, I posed a question… how long before China takes over all production, and becomes the sole manufacturer of the world? And all my friends said… “M, you are crazy!”Barely a few eons have passed since that question and China is indeed the only manufacturer in the world. Today, everything from your iPhone to your MacBook Pro to your watch (all very high end consumer goods, by American standards… and therefore, the world's standards) to your clothes, shoes, socks, undergarments, and Gore Tex jackets and your kitchen appliances and your house decor to your house doors and windows… and everything else is manufactured in China!In many ways, my observation that China would become the world's sole manufacturer of all goods - low end or high end - has come true.My European friends like to remind me that nobody does automobiles better than them. My take: wait till 2030, when you will find that China will not only be the largest manufacturer of high quality automobiles, but some of Europe's top auto brands - like BMW, Benz, Porsche, Lamborghini, Ferrari, etc - would be owned and managed by the Chinese. Note: Volvo, the quintessential “safe” automobile brand, from Europe, is already owned by the Chinese.My American friends, now, quickly retort that the US is still superior to China in anything to do with war machines - assault rifles, drones, fighter jets, naval carriers, etc. I hate to say this out loud, but mark my words… China will be the largest “designer and manufacturer” of all high end war machines by 2050. I wouldn't be surprised if LMCO and others are relegated to pages of history, or survive as China owned brands.I wouldn't be surprised if, by 2100, 99% of the world becomes mere consumers, while China becomes the sole producer and supplier to all those consumers.In fact, by 2100, I wouldn't be surprised if Chinese, rather than English, becomes the most preferred human language.An anecdote: sometime in the 2005 +/- a few years/decades/eons… I was in Hong Kong, attending a trade show.You see, back then, I was relatively young and naive, so my mind would be abuzz with ideas… for gadgets that I wanted, but the world (probably) didn't have.So I wanted to make this box, and it had a lot of electronics in it. I spoke with a few of my American friends and one of them agreed to design it for me… for equity. I spoke with a few of my friends in India, and they said they had extensive experience doing multi-layer PCB design, routing and placement, etc… but they wanted (sheets load of) money upfront, and regular payments there after, because Indians only work on the outsourcing model!A voice deep inside me said… “go East, young man!”Out of the blue, I found out about this trade show in Hong Kong… so I booked a flight ticket and just went there. Not only did I fall in love with Hong Kong, I met more manufacturers than I would have ever wanted to! All the manufacturers at that trade show were from China. And they were all very welcoming!“Send us your design, we make 50 units first and ship them to you, then if you like, you place large order. 1000 units minimum for large order.” Nobody asked for equity or upfront payments! They understood what I wanted done. They knew all the certifications the product would need. And they had questions about the product that I didn't have answers to!The Chinese were smart, intelligent, professional and utterly polite!15 of those companies gave me “letter of invitation”, along with their brochures, inviting me to visit their sites (plants) in China.As always, I didn't pursue the opportunity completely… so nothing came out of it. But I ended up realizing that China was destined to be the largest and the best manufacturer of the world!I do firmly believe that by 2100, China will be the strongest and most powerful (and possibly the only) industrial economy in the world. By 2100 China will be the only “designer and manufacturer” of products in the world.I strongly feel that this is not the Chinese century… this is just the beginning of the second coming of China, and China will have a stronger and more powerful impact on the world this time, for a long, long time to come.(NOTE: typed on my Chinese phone. I will reformat the answer later, when I get to my Chinese laptop, sitting on a Chinese table, and connected to a China made power strip.BTW, it's early morning here in India, so I have a small Chinese lamp - photo attached - in my room!)Those Beats headsets you see there - they are original Beats, and they were also made in China!)I hope China makes the most of this fantastic opportunity the world is handing it.