Q&A

Is double tax applicable for US residents?

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Anonymous 0 Rep.

I am a US citizen. After selling the property, I understand that I can repatriate the funds after paying taxes in India. My question is, do I have to pay taxes again in USA.If yes, why?

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    India has a Double Taxation Avoidance Agreement with the US, whereby you would not need pay tax a second time on repatriated funds. Kindly consult your tax advisor for specific advice on your personal tax optimization.

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