Google Answers Logo
View Question
Q: Transhipment tax rules ( No Answer,   0 Comments )
Subject: Transhipment tax rules
Category: Business and Money > Accounting
Asked by: deepakd-ga
List Price: $5.00
Posted: 06 Sep 2006 20:15 PDT
Expires: 23 Sep 2006 07:42 PDT
Question ID: 762877
If I buy $ 100,000 worth of electronic/telecom goods from India
(wholesale), and then resell to a customer in SIngapore for $120,000;

1. WHat is my tax liability in the US?
2. What are transhipment rules from a tax perspective? 
3. Can I set up a US bank account for the foreign INdia based business
without registering a company is IN?
There is no answer at this time.

There are no comments at this time.

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at with the question ID listed above. Thank you.
Search Google Answers for
Google Answers  

Google Home - Answers FAQ - Terms of Service - Privacy Policy