All Topics / Help Needed! / Overseas IP – What are the tax implications?

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  • Profile photo of property_avidproperty_avid
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    @property_avid
    Join Date: 2005
    Post Count: 47
    November 2, 2010 - 4:39 am

    Dear All,

    I am in the process of considering buying an overseas IP; if we purchase an overseas IP, how does this affect our tax return? Can we claim tax deduction on the overseas travel we have for the purpose of inspecting the property (including holiday as well)? And what about the income we receive, how can we declare it?

    Thank you.

    property_avid | NA

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