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Q: Selling online from abroad and taxation? ( No Answer,   0 Comments )
Question  
Subject: Selling online from abroad and taxation?
Category: Business and Money > eCommerce
Asked by: uwimg-ga
List Price: $5.00
Posted: 26 May 2003 02:05 PDT
Expires: 25 Jun 2003 02:05 PDT
Question ID: 208797
Hello,
This may have been asked before but I'd like to get this clarified. My
brother who is in India, is setting up an online store dealing in
Indian Books. He wants to be able to sell to customers in North
American and Europe and receive payments through PayPal. He has a
couple of questions and I'd like to find suitable answers here.

a. Can he open a bank account here in the US so that it is easier to
receive funds from PayPal? IF he cannot, then can I collect money in
my US account, but would I have to mention this in my tax returns.
b. Does he have to pay any sort of tax on goods shipped to customers
in the US or the UK?
c. Would he be considered as conducting a business in the US and have
to pay US income tax or file returns here?
Acceptable answers would answer the above three questions directly
with sources cited and other informative pages linked. Please do ask
for any clarifications.
Thanks,
uwimg

Request for Question Clarification by hummer-ga on 26 May 2003 07:29 PDT
Hi uwimg,

Is your brother a US citizen?  Thanks, hummer

Clarification of Question by uwimg-ga on 27 May 2003 11:49 PDT
Hello hummer,
Thanks for your attention. No, my brother is not a US citizen or a
Permanent resident. He is an Indian citizen.
Thanks, uwimg
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