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Strategies & Market Trends : India Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Cary Salsberg who wrote (589)7/13/2004 11:18:15 AM
From: Sam Citron  Respond to of 2517
 
Immigrants also presumably pay income tax to federal and state entities if a state income tax is imposed. But when a US company subcontracts with a company from India and the work is done by an Indian resident in India, there is no income tax paid to US. So there could be tax arbitrage in addition to wage arbitrage happening.