For US stocks, will I be taxed as per Indian Taxation norms if I withdraw funds into my Indian bank account? : Kuvera

For US stocks, will I be taxed as per Indian Taxation norms if I withdraw funds into my Indian bank account? Print

Modified on: Thu, 14 Oct, 2021 at 2:22 PM

No, Taxation and withdrawal are 2 different scenarios. You are taxed when you either incur capital gains or receive dividends. Withdrawals can happen with or without any taxation event.

Also, users can choose to withdraw into your Indian Bank account and pay taxes as per their country of residence.

Did you find it helpful? Yes No

Help Desk Software by Freshdesk

For US stocks, will I be taxed as per Indian Taxation norms if I withdraw funds into my Indian bank account? Print

Related Articles