Tax calculations : Offshore company Hi,
I am running a online tech support company from India.The Company office is situated in India, All the services are provided from India to USA clients.
Since the clients are in USA , all the payments are done thru paypal which eventually pay to my account in USA( Bank of america : Regular checking account).
I want to know what kind of Tax liability I will have in USA considering the fact that I will be doing all the services from India, All my expenses will also incur in India.
In case I have the tax liability, please let me know on what I need to pay the tax ? for example for a service for which I will receive $100 , I have expenses of $65 ( this involve employee salary , setup expenses, rent, local indian taxes etc) , So I will be liable for taxes in usa for remaining 35$ or entire 100$
Please suggest :Also please note that I am currently not in USA.
Thanks,
Saurabh |