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[sharechat] World Wide Tax


From: "Amber Thill" <amber@covington.co.nz>
Date: Tue, 9 Sep 2003 08:08:23 +1200


I understand the double taxation laws pertaining to which country you reside is the country you pay. However, If you are the 100 percent shareholder in a US company and reside in New Zealand, which country will you be required to pay taxes? I am not a permit holder in the US, but I am the owner and 100 percent shareholder. Can I assume that I will be taxed in the US because that is the main office and not in New Zealand?

 

Thanks,

 

Confused in NZ

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