I get monthly income from my business in a foreign country I am a business owner in the US and South Korea and I have been living in here for a long time.
But I do get monthly salary in Korea as well.
My employee in Korea has deposited my monthly salary in my bank account in Korea.
But now I want to change that I want to close out the bank account in Korea and wire transfer the monthly salary directly to my account in here (US).
I talked to my accountant in Korea and cleared that there will not be a problem in Korea if I pay tax right. I have been a non-resident in Korea and I will be paying taxes as it is.
The problem is that if my salary is wired transfer to my account here, will it be taxable again? So I am paying tax twice even if I pay tax in Korea already?
Thank you |