Recent content by netizen

  1. netizen

    US single member foreign owned LLC, can you accumulate the profit in the company account?

    Ok, yea I understand that the tax has to be paid where the owner is resident. However, my question was slightly different. Let's say the owner lives in a county like Dubai where there is no income tax, or low income tax like Singapore (and pays the owed income tax), would the profit...
  2. netizen

    US single member foreign owned LLC, can you accumulate the profit in the company account?

    Hi folks, I am looking into pass-through single member US LLC. There are tons of info on this platform about it, but I don't see anything mentioned about profit accumulation. Can the LLC accumulate the profit, or does it have to be passed to the owner 100% at the end of the year? Or is there an...
  3. netizen

    Advice on the setup

    Yea exit tax really sucks if you have a company in Germany and want to leave later.

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