Ask All About Money

Repatriation of Gains from India to USA after paying taxes ?

Mon, 22 Feb 2010 13:45:24 CST

I have a owned a house for more than 7 years in India that I want to sell. I realize that I can repatriate all the money that I had sent to buy the house but can I bring in the gains?. I will be payin ...

Asked By : anonymous ( Total points : 110 )

Moving to New Zealand: Do I still have to file taxes in the US?

Thu, 05 Nov 2009 07:47:54 CST

I am a Canadian citizen, but deemed myself a non-resident a couple years ago. I have been filing as a resident for my us income tax ever since. I am moving to New Zealand in June. Do I still need to f ...

Asked By : AnandPatwada ( Total points : 83 )

Tax implications ?

Tue, 27 Oct 2009 10:08:34 CST

As per IT Rules, a immovable asset when sold after 3 years of purchase qualifies for long term capital gains tax. 1. Generally the registration of property is done at the time of purchase by payi ...

Asked By : admin ( Total points : -23 )