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    ccanny's Avatar
    ccanny Posts: 1, Reputation: 1
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    #1

    Aug 3, 2010, 05:34 AM
    Tax on international income in india
    I am resident of India and I will receive 2.5% Share of Partnership company based in Germany by way of gift. Please tell me that when the profit is deposited in my bank account in Germany then do I have to inform the tax authorities in India. Am I obliged to transfer the profit to india on immediate basis. I am expected to pay taxes in Germany and if I have to pay taxes on this income , will I get credit of this tax in India
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Aug 3, 2010, 08:09 AM
    Your questions are asking about tax law for India and Germany.

    This forum deals exclusively with tax issues for the United States.
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