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I have an online business in Hong Kong and all the operation is there. All payment is in USD. I use USA Paypal to receive customers payments then withdraw to USA California bank. When I come to USA once a while, I just do the wire transfer the balance to my Hong Kong bank. DoI need to pay usa tax?
The reason I am using USA Paypal is to avoid HK Paypal bad exchange rate for USD to HKD. I can only receive HKD when I use Paypal direct withdrawal to HK bank.
Thank you in advance.
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