Regulatory/Tax implication of India to US wire transfer
An entertainment production company in India has agreed to license my entertainment act for a specific annual sum to be paid quarterly. They produce and maintain the whole show only using the images and name of my act to promote their show. When the wired an installment to me I was told that there would be a 20% Indian government tax that must be paid by me. Subsequently, from a $2500 payment I received $2000. This seems backward, Doesn't the Indian company pay the taxes on this transaction?