Tax implications to keep in mind while investing in the US market
Investors have made an astounding 27.39% return on their investments in the US market (NASDAQ) vs. 13.63% return on their investments in the Indian market (NIFTY) over the last three years.
No doubt, investing in the US market help maximize returns. Geographic diversification and investing in developed economies can do wonders for your portfolio. But a common question that clouds investors’ decision of investing in a foreign land concerns taxation. Will charges and double taxes eat into your pie? Will the taxation be too complicated for beginners to understand?