I'm not sure with my country - Malaysia... who and where should I refer
to???


Wesley Sagittarius.

On Thu, Apr 24, 2008 at 10:39 PM, Chandan <[EMAIL PROTECTED]> wrote:

>
> For e.g. for Indian's there is 15% tax withholding. But one might need
> to provide a US IRS ITIN (otherwise 30% would be withheld).
> After withholding the net amount one receives will be taxed by the
> local government.
> If one has a bank account as a sole proprietor, one can show expenses
> and only the net profit (if any) is taxable.
> Best consult a CA.
>
> On Apr 24, 7:01 pm, "Muthu Ramadoss" <[EMAIL PROTECTED]> wrote:
> > * and your residence in US must be less than 6 months for this to be
> > applicable.
> >
> > ** sorry, getting old. :-(
> >
> > On Thu, Apr 24, 2008 at 7:30 PM, Muthu Ramadoss <
> [EMAIL PROTECTED]>
> > wrote:
> >
> >
> >
> > > That information I gathered from my personal experience. When I was in
> F1B
> > > VISA (Students) in my Graduate Program as an Alien studying in US,
> there was
> > > a limit that you can earn and not pay taxes.
> >
> > > I am not sure if its 20k or 50k, but am sure there's a limit that you
> can
> > > slide by if you are foreigner earning money in USA.
> >
> > > Oh wait, now i remember more..
> >
> > > and your residence in US must not be less than 6 months for this to be
> > > applicable.
> >
> > > Oh wait..
> >
> > > CONSULT YOUR LAWYER PLEASE!
> >
> > > On Thu, Apr 24, 2008 at 6:38 PM, Incognito <[EMAIL PROTECTED]>
> wrote:
> >
> > > > Muthu,
> > > >   Where did you get that you didn't have to pay taxes for up to $50k?
> > > > If that were true that would be great but I doubt it. US is probably
> > > > one of the worst countries that taxes its citizens to death. Ho well,
> > > > you cannot get something good for free.
> >
> > > > On Apr 23, 2:05 am, "Muthu Ramadoss" <[EMAIL PROTECTED]>
> wrote:
> > > > > There's a certain limit on the earnings that you can keep without
> > > > taxes..
> > > > > like 50k or something per year. Not sure about the exact amount,
> but
> > > > > definitely winning the ADC Phase I would not make you liable to pay
> US
> > > > > taxes.
> >
> > > > > Anyone more informed than me, can clear this up?
> >
> > > > > Thanks.
> >
> > > > > On Wed, Apr 23, 2008 at 11:31 AM, Marc <
> > > > [EMAIL PROTECTED]>
> > > > > wrote:
> >
> > > > > > Hi Guys,
> >
> > > > > > If a winner is from a country other than US, is he/she still has
> to
> > > > > > pay taxes? I have no idea about taxation and things like that.
> > > > > > Somebody please explain..
> >
> > > > > > Marc
> >
> > > > > --
> > > > > take care,
> > > > > Muthu Ramadoss.
> >
> > > > >http://mobeegal.in
> > > > > find stuff closer.
> >
> > > --
> > > take care,
> > > Muthu Ramadoss.
> >
> > >http://mobeegal.in
> > > find stuff closer.
> >
> > --
> > take care,
> > Muthu Ramadoss.
> >
> > http://mobeegal.in
> > find stuff closer.
> >
>

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