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MARKETS-ECONOMIC TIMES · INDIAN ·

SpaceX stock transfers raise compliance questions for Indian HNIs

As reported by Markets-Economic Times
Indian investors holding SpaceX shares are seeking legal advice on compliance. These investors received SpaceX shares directly from offshore funds. This distribution aimed to avoid stock dumping and defer investor taxes. Regulatory hurdles may arise from the timing and nature of these investments. Taxation views differ, with some suggesting capital gains tax upon receipt.
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