taxation of non-US residents
 

Oh well, I admit it's not my "real" nick, I'm lurking around for a while but in this case I'd like to stay anonymous :)


Here is the story. Lets say somebody from Europe [me] owns an Mambo-Jambo LLC in Delaware, US. I got all this stuff like EIN, business bank account, etc. I also know there is no need to provide State of DE with the name of partners and managers [me & me].

Right now I'm receiving wires and checks and as non-resident I don't need to fill any forms for IRS or anything like that [btw. do the sponsors fill tax declarations for non-residents?]. I suppose with my Mambo-Jambo company it won't be so simple. I suppose I still won't be paying taxes in US but I'll have to do some "paperwork" for IRS. Am I right?

I suppose at least few of you had similiar problems [i.e. those of you who had to incorporate in US due to new Visa regulations].

Anyway, if you can share a bit of your experience or point to some web resources covering this issue or recommend some accountant I'd be very grateful [with all my identities]


Thx :thumbsup

From my limited knowledge, you can pay an oversea's worker (that would be you) up to $80,000.00 in salary without having to withhold taxes or pay taxes on that worker.

If you are overseas, I would just file an LLC every other year and just not file anything.

Just turn and burn corps ...

The IRS is slow in catching up to things like this ...

It is not like you have anything in the US that they can take anyway :)

Lets hope someone who knows about that stuff answers. I'm interested in it also.

manilaheat: this might be solution, but you know if some day I go for a trip to US I wouldn't like to take any heat from my past businesses

Because as usual thread without at least one tit don't have a chance to get your attention here it is:

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Now speak up :D

You can set up a corp somewhere else and have it provide a service to your US corp for 98% of the profits.

Then pay your tax in the US on your 2%

or vise versa.

Depends on which taxes are cheaper basically.

Lee ?

Five minutes with your accountant would be far better spent than 500 posts here. :2 cents:

The average European accountant won't know jack shit about US tax law. You're best bet would be to consult a US lawyer who specialises in setting-up companies for offshore clients.

SGS: do you know any accountant which could give me advice in 5 min.? Except those who charge $20.000 per hour?

If you cant afford an accountant then tax isnt going to be an issue for you anyway. :2 cents:

NICE RACK!