tax treatment for long term capital gain on sale of US compa
This query is : Open
17 July 2011
What is the tax treatment for long term capital gain on sale of US company's shares?
The assessee is Indian Resident and has received the funds in Rupees and got the shares under esop agreement from company in india registered as pvt. ltd.
wht is tax treatment????
The assessee is Indian Resident and has received the funds in Rupees and got the shares under esop agreement from company in india registered as pvt. ltd.
wht is tax treatment????
17 July 2011
US company's shares are capital assests.
Since STT is not paid in India on these shares while selling, capital gain is taxable on LTCG.
Indexation is allowed.
Tax Rate is 20% of Capital Gains.
Since STT is not paid in India on these shares while selling, capital gain is taxable on LTCG.
Indexation is allowed.
Tax Rate is 20% of Capital Gains.
17 July 2011
shares are sold in Usa ,there is no question arise of STT and tax on the capital gain as per double tax avoidance agreement between India and Usa , will be charged by the usa on the capital gain....
the tax rate in usa is 30% on the capital gain
the tax rate in usa is 30% on the capital gain
17 July 2011
this is my request if anyone dont know the treatment plz dont comment on it..
thanks
thanks
17 July 2011
Thanks sunny , for rectifying me.
Thanks sunny , for rectifying me.
17 July 2011
What is the tax treatment for long term capital gain on sale of US company's shares?
The assessee is Indian Resident and has received the funds in Rupees and got the shares under esop agreement from company in india registered as pvt. ltd.
wht is tax treatment????
The assessee is Indian Resident and has received the funds in Rupees and got the shares under esop agreement from company in india registered as pvt. ltd.
wht is tax treatment????
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