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Indian parent company shares

Will a cross-border share swap trigger tax in India? | Mint
  • Personal Finance

Will a cross-border share swap trigger tax in India? | Mint

TheSpuzz Desk2 months ago04 mins

Source: Live Mint I am a non-resident Indian (NRI) and hold shares in a US-based company whose parent is in India. I’ve been informed that, as part of a restructuring, the Indian parent is offering existing shareholders of its US subsidiary the option to either exit or exchange their US shares for shares in the…

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