WoW ! India Gets 2 Rare Tax Reliefs from USA .


usa tax reliefDo you know USA do not allow any non-residents of USA (nonresident aliens as per US Code 26) to claim personal exemption or standard deduction while computing taxable income ? But a person resident of India who visits USA and earns income, can claim standard deduction & exemption despite the fact that he/she is nonresident alien under US code 26 (Internal Revenue Code) . Equally amazing is the news that not only foe himself , an Indian can claim exemption for his/her spouse and dependents who are also non-resident in USA. If you compare the tax relief with respect to any other country except ( Canada , Mexico & South Korea who also receive same benefit) , it is immense !

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