Legal Question in Immigration Law in California

L-1 visa

I have come to USA on an L1. I was wondering if it is legal for an L1 visa holder to put up his personal assets that he acquired during his stay in USA, for sale on the internet

( e.g. ebay.com or as a used item on amazon.com), for sale in USA.

What would be the Tax treatment of the proceeds (if I make a profit on the sale )

Any reply would be highly appreciated.

Thanx in advance,

Curious


Asked on 7/22/02, 9:22 pm

1 Answer from Attorneys
Larry L. Doan Law Office of Larry L. Doan

Re: L-1 visa

Sure, anyone can buy and sell anything in this country. The only problem might be if you make it a full-time occupation as an Ebay-trader and not work in your L-1 job, you would be violating your L-1 visa. As for taxes, I'm not a tax lawyer but I don't think you would have to pay US income taxes.

Liem Doan, Esq.

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Answered on 7/22/02, 10:50 pm


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