Hiya!
I am a UK tax payer and am thinking of investing and developing a business in India. I have been told that I will have to pay taxes there but can offset taxes here by virtue of a double tax agreement. My concern is that the taxes do not seem to match up! For example does the double tax agreement match business tax to business tax? If I pay business tax there, will I again have to pay personal tax here on the profits I repatriate?
I hope that makes sense!
Lisa x
Double Taxation
3 posts • Page 1 of 1
Double Taxation
by Lisa Shaw on Tue Dec 13, 2011 1:36 am
- Lisa Shaw
- Posts: 4
- Joined: Tue Dec 13, 2011 1:35 am
Re: Double Taxation
by maths on Fri Dec 16, 2011 8:54 pm
Are you carrying on business as a sole trader (ie in your name) or via a company (if the latter is the company registered in the UK or India?).
- maths
- Posts: 4488
- Joined: Wed Aug 06, 2008 3:25 pm
Re: Double Taxation
by Lisa Shaw on Fri Jan 13, 2012 11:40 am
Hi maths - sorry for my tardy response - I was on a long Christmas Break! Happy New Year!
Well I was leaning towards either a sole trader or a partnership firm? Does that make a big difference?
Well I was leaning towards either a sole trader or a partnership firm? Does that make a big difference?
- Lisa Shaw
- Posts: 4
- Joined: Tue Dec 13, 2011 1:35 am
3 posts • Page 1 of 1
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