‘my much do i need to pay tax if i received money as a gift in australia’ Tagged Posts

Do I have to pay tax on money transferred overseas?

Question by KGB: Do I have to pay tax on money transferred overseas? Ok, so my parents and relatives live overseas in Asia and I am here in U.S. for school. I live with my brother and sister and am a U.S. citizen, but my parents/relatives are not. They run a family company in China [...]