April 13, 2006  

Tax Treaty Benefits For Students And Business Apprentices From India

Via ILW.com

The United States has
income tax treaties with over 60 countries, all of which provide exemption
from tax for residents of the treaty country who come to the United States
for the primary purpose of their education or training. U.S. treaty policy
as embodied in Article 20 of the U.S. Model Treaty is to provide tax
exemption for payments for full-time education and training that arise
outside the United States. Over one-half of the U.S. treaties provide for
such a limited benefit for students and trainees including Article 21(1)
of the treaty with India. However, the treaty with India provides an
additional benefit for students and business apprentices.

Continue reading article

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

%d bloggers like this: