ESPP Taxation in India for a US listed firm

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Gagan (Querist)

24 July 2011 My company offers ESPP at a 15% discount. Every one some part of the salary after tax gets deducted as a contribution to ESPP corpus. At the end of the six months the stock are purchased at 15% discount of Market Price.The company is listed in US Stock Exchange?
I am not sure how the ESPP are taxed for stocks listed in US in short term and long term

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)

25 July 2011 Go through the DTA with US for tax ability of Espp

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CA. Krishna K Neeraj

CA. Krishna K Neeraj (Expert)

25 July 2011 When you will transfer the shares recd through ESPP route, then capital gain will arise. In US, there is capital gain.

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Gagan

Gagan (Querist)

25 July 2011 So it means whether i sell the shares after holding them for 1-year or just after alloment i.e.short-term...in both cases tax will arise.As in case of short term it will be treated as extra income on hand and taxed accordingly while for Long term if i recall it correctly its 20%

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