
Why MNC employees with ESOPs are on taxman's radar
Why Not Mint Money
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How to Declare a Dividend in an Automated Sale
There are two parts to be reported declared. One is the stocks that you are getting in your name, the stocks that are getting vested. And the second are the capital gains that you make on the 30% stocks that are being sold in an automated soot sale. The differential will be the gain or it could be a loss. Right. But won't any tax be withheld on these dividends in the overseas country where it is being transferred and held? Yes. Most of the cases the taxes will be withheld in the overseascountry. Even then, since the employee would be qualifying as a resident of India, he is required to offer his global income to tax in India.
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