There are no tax implications from a US perspective. We declare to the US government that all our investors are non-residents so there is no incidence of US taxes for Indian residents. From an India perspective, typically, long term (greater than 2 years) capital gains tax is around 20%. Customers can follow their standard tax return process in India and include income / gains from US investments in these returns. We will provide account statements and investment details on the app, so these can be included in an India tax return.
What are the tax implications from investing in the US via Appreciate? Print
Created by: Developer Team
Modified on: Sat, 28 Jan, 2023 at 5:03 AM
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