I need some advice on taxation for stocks held in USA.
I have few stocks held in US brokerage account. These were acquired as ESPP (Employee stock purchase plan). Wanted to understand -
- Tax treatment if I sell these and transfer funds to India.
- Will I need to pay tax both in US and India ?
- How to file ITR for this in case I sell the stocks and transfer funds to India ?
Appreciate all the help from the members.
Thanks,
Mudit