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Questions tagged [dtaa]

Dual Tax Avoidance Agreement. This tag is to be used for tax related question that pan across more than 2 nations. Please add both the country tags in question.

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31 views

H1b + Rental income in India and USA

1) As a H1b holder, if I have rental income in India and need help with the following: a) Indian tax law exempts first INR 250,000 and Indian tax law allows 30% deductions on rental income. b) When ...
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1answer
37 views

Dual status US federal taxes

I have been working and living in the US from January 14th until October 19th on an L1 visum. Before this I lived in France and for the rest of 2018 (and later) I will be a working and living in ...
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1answer
36 views

Tax treatment for India (stay over 182 days)/Hong Kong salary income in a single year

What is the tax treatment for salary earned in India (stayed over 182 days) and Hong Kong? Hong Kong tax rules provide for some standard deduction before computing net chargeable income. What is the ...
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1answer
138 views

How is prize money taxed in India?

I have won a programming competition based in US, and i will be getting $800 from the US based company. They are telling me that they will pay the taxes already and will give me the full amount. Now, ...
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1answer
275 views

I got a job in Saudi Arabia. What are my tax liabilities in India

I just received an offer from Saudi Arabia but I will be required to be in Saudi for only 4 month in the whole year. So what is the tax implications on the earning that I have in Saudi. What are the ...
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31 views

CGT in India and claiming tax credits in UK

Hoping you can advise. With the recent introduction of CGT of 10% on sale of shares in the indian stock market, I wanted to understand the calculations and impact of that when doing self assessment ...
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0answers
47 views

UK taxes on US investments with UK resident wife and US resident husband

If my wife moves to the UK for 9 months in the same calendar year and becomes UK tax resident is she liable for our USA worldwide investment income by HMRC? She does not work, I work in USA. We both ...
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1answer
250 views

Remote work done in New Zealand while on a Working Holiday Visa - who do I pay tax to?

I was in New Zealand on a working holiday visa in early 2017 for about nine weeks - across the last few weeks I was there, I did some remote software development work for a few different clients, all ...
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1answer
802 views

Filling the W-8BEN Form as an Indian Student

EDIT : So, I also opened a thread in Topcoder's Forum and I filled the "Reference number" field as "-" and in the tax treaty section, I just filled my country and all the other boxes were filled with "...
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1answer
121 views

VAT on purchasing home abroad (Italy)

I am a US permanent resident considering buying a property in Italy. This will entail a 10% VAT on the home value. Can I declare this as a tax credit or as a tax deduction for my US taxes? (Please ...
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2answers
255 views

Tax liability for NRI's in the US on rent from House in India and investments

Rent If the rent earned from house in India comes within exemption limits and no tax liability is there for the NRI living in the US, does the NRI need to pay any tax in the US (reference-DTAA)? ...
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1answer
52 views

How much of tax-paid money can I keep in the US, as an Indian citizen?

I work for a company in India which is listed in the Nasdaq. Recently, I sold some RSUs, the proceeds (after tax deduction at the time of sale) of which is lying with the bank account associated with ...
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2answers
492 views

What options do I have to transfer money to UK

Some Background I have been working full time in UK for last 5 years and had been sending my savings through different means e.g. western union, taking with me while flying(undeclared as they were ...
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1answer
149 views

Have I committed a crime by not declaring a salary in India while working as an NRI?

I moved away to Europe almost ten years ago. To be honest, my father handled most of the taxation legalities for me. I moved here, began my life and lived live normally. Now that I've married a ...
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1answer
156 views

Can I claim tax deductions when I'm living abroad?

I'm moving to the UK for a temporary job transfer and will be renting out my home in California. Since my home will become an income property, I can no longer claim the mortgage interest rate ...
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0answers
71 views

After moving to the U.S., how much tax do I have to pay for my income in the U.S.? [duplicate]

I moved to the U.S. on 8th Oct. I will be having total income of around $11,500 in these 3 months. Currently the tax is being deducted from my income which includes state tax/federal tax/SSN tax/...
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1answer
209 views

Claiming foreign tax credit by amending a tax return

I am a Norwegian citizen who has been living and working in the US (California) as a resident alien since October 2014. These were my major sources of income in 2015: Wages from my American employer ...
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1answer
101 views

Foreign retirement contribution deductibility?

Contributors, I have a very specific question. I am a dual European-American citizen. I live in France. I declare my income on French investment accounts to the US, and am generally tax-compliant. ...
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3answers
92 views

Does dividend witholding tax typically deducted from dividend tax via double taxation agreements?

Typically under double taxation treaties you would see something where if you pay tax in one country, it's subtracted from the tax you have to pay in the other. Does this hold true for witholding tax?...
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1answer
78 views

Do I need to pay taxes in India?

I am working on a two months of independent In-house corporate photographer with a US company. I came here on Business Visa and I should had to open local bank account because the company is only ...
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1answer
322 views

US citizen paying capital gain taxes in Canada on sale of property in US

My son, who is a US citizen living and working Canada. Just sold a piece of property which he inherited in the US. The capital gains was $160,000 and US Federal and State capital gains taxes came to ...
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0answers
51 views

When to pay IT in India on income in Japan under DTAA?

I am staying in Japan and have signed for paying IT in India under DTAA. My company will give me statement of income while I return to India after full stay period, i.e., two years. Do I pay tax ...
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1answer
447 views

Do i need to pay taxes if i stayed more than 183 days in financial year?

Date of entry - 17 Nov 2013 No. of days in India - 231 No. of days in USA - 134 For duration of US stay, I got regular pay with all tax deduction. I did file US tax returns for 2013. By Indian tax ...
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1answer
885 views

Global Income tax in India & tax credit

I am Indian citizen who was working in US from 15/11/15 to 31/03/16 i.e 137 days, that means I am resident tax payer like all other Indian citizens for FY15-16. As per tax treaty they clearly mention ...
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1answer
601 views

Transferring proceeds to USA from real estate sale in India

First off, I am an US Citizen currently living in the US. I bought a property in India in 2000, when I was not a US citizen but was still living in the US. Over time it has appreciated and now has ...
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2answers
96 views

Stocks in India, what is the best way to get money to US

I am in US for last 10 years. I bought few stocks in India when I used to work there. I never operated the stock (demat) account (never sold or bought) since I moved here never reported them on my ...
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1answer
216 views

US Salary Transfered to Indian Acc and Tax Relation

I am on an H1b visa working and receiving a salary in the US. I have transferred approximately $15-20k to my account in India Account (not an NRE account). How would this transfer affect my taxes in ...
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1answer
1k views

Do I need to declare the Rental Income from property in India while filing US Federal Tax?

Say I own a couple of units in an apartment complex in India and they were purchased in part by using inheritance (property) and in part by cash (funds from US). If the units are currently rented ...
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1answer
311 views

Do i need to pay Tax in India as well?

I am an Indian and working in India for a software company. I was transferred to UK branch of my software company to work on an assignment at client site. I reached UK on 31 July 2015 on 9 months ...
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1answer
717 views

Transfer money from China to India

I came to China on 09th September, 2015. My work permit is valid upto 15th September, 2016. I get my salary after tax-deduction as per taxation in China. My question is how can I send money to my ...
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1answer
320 views

Taxes to be paid by someone working from a US company as a consultant fom India

X is a resident of India and holds an Indian passport, X is on H1 visa in USA , X is working with a company C.com , X wants to move to India. C.com and X both want X to continue working for C.com C....
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1answer
2k views

Is US salary taxable in India and is there any provision to save tax?

I have this question about the tax filing that I am planning to do in India for year 2013-14. I worked in India for an Indian company for almost 7 months and I also worked 4 months in the US (as a US ...
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1answer
187 views

How to claim living / transport / visa expenditure in Income tax for working in abroad while being a Indian Resident working for that financial year

I was working in India till oct 2014, and have paid all my taxes from April 2014 till Nov 2014 as per my employment in India, after that I moved to abroad in Nov 2014 for my employment. I have spent ...
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1answer
1k views

Indian working in the US Tax filing as Resident in both countries

I moved to the US last October from India, I had spent more than 180 days in India during the Financial Year 2014-2015. I am also eligible to be treated as a Resident for tax purpose in the US as I ...
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1answer
76 views

Tax in US or India

I am Indian citizen and living in US on H1B and have been paying taxes regularly in US. Now I want to start investing in Indian Stocks. If I make profits in Indian stocks where should I pay the taxes, ...
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1answer
2k views

How to calculate and pay tax for Jan to March abroad income for resident indian

I moved to US in October 2014 end which makes me resident Indian form Indian taxation perspective. I paid my US tax for the income of October, November and December 2014. Now while filing India tax, ...
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1answer
86 views

capital gains on foreign investment

I recently sold a property in Panama. A capital gains tax was imposed by Panama at time of sale. As a U.S. citizen will I need to pay another capital gains tax?
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1answer
201 views

Does earning as a non-resident remote worker on an American account make people liable for U.S taxes?

My country, Brazil, does not have a tax treaty with the United States. I understand from research on this website, and please correct me if I'm wrong, that I will not have to pay any U.S taxes while ...
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1answer
456 views

Need suggestion regarding tax relief under DTAA

Need some suggestion on the tax relief under section 90 of Income Tax. I was deputed in USA during the period of Jan-2014 till Aug-2014. During this period my salary (Indian salary converted to $) ...
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1answer
105 views

Tax implication In India

My husband arrived in USA (California) in Oct 2014 for the first time . For Year 2014 we were considered as non resident alien (for tax purpose I guess). We have filed for the income tax in USA and ...
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1answer
974 views

Income tax in India for NRIs in USA

I left India on 8th October 2014 and started working in USA from 13th Oct 2014. For my income in India, my employer deducted tax at source (Rs 30,000). In US too, my employer deducted tax at source ...
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1answer
128 views

What US taxes are due for US stock bought via ESPP when I was in USA and sold after I returned to India?

I was in USA and purchased few US stocks in 2007 through US broker and ESPP stocks through my employer. I moved back to India in 2012. I sold those US stocks in 2014. I have submitted W8-BEN forms to ...
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1answer
179 views

Taxes on transfering money from India to the USA

I have an house in India and will be selling it soon. I need to transfer the money to the USA. I am in the USA and still have Indian citizenship. How much tax will be involved?
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1answer
163 views

When is it required that a non-resident alien file tax returns in the U.S.?

I am a non-resident alien as per US IRS definition. I generate some income from the US on account of book royalties and advance from a U.S. publisher. I am otherwise employed full-time in India and ...
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1answer
2k views

Income tax paid in India as well as in U.S. Anyways to claim double taxation?

I had been on Short Time Assignment for 92 days (1-Jan-2014 to 1-Apr-2014) in U.S. During this period income tax on my salary (for duration of my stay in U.S) has been deducted in India. I also ...
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3answers
1k views

Are U.S. Social Security payroll contributions and state taxes deductible from taxable income for India?

I moved to USA during the financial year Apr 2014 - Mar 2015, in which I was resident in India for more than 182 days due to which my status is "resident" in India for the tax year concerned. I ...
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1answer
2k views

Does Income Tax have to be paid in India if i am paying IT abroad also and i am not a NRI

I was working with an Indian company till mid of 2014, all my taxes were adjusted and final settlement paid to me, and then I was without a job until end of Jan. I moved to Singapore for a short term ...
2
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1answer
1k views

233 days India/132 days US - entire US salary taxable in India?

I was living in India for about 7 and half months in FY2013-2014 working as an independent consultant for a US company. I moved to USA for employment on Nov 20 2013 to work as an employee for the same ...
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2answers
308 views

Dual Citizen considering tax implications of working in second country of citizenship

I am a resident of Canada, and am also an Irish citizen. Recently, I've been considering moving to Ireland (for ~6 months, not forever). During this time, I would either try to get hired on by a local ...
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2answers
1k views

Tax on Money transfered to India from UK?

I'm from India came to UK on Feb 4th 2014 and I will be in UK till Sept 30th 2014. I'm earning money in Pounds, and paying tax as per UK tax policy. I could save some money which I transferred to ...