Form 5472 & Foreign-Owned LLCsAnswered

Can a Foreign-Owned LLC Be an S-Corp? Why the IRS Says No

HA
hassan_a2c8new member
June 25, 2021 3,131 views 1 answer
form-5472

I'm a foreign owner of a U.S. LLC and I'm trying to understand: Can a Foreign-Owned LLC Be an S-Corp? Why the IRS Says No. Can someone break this down in simple terms? I want to make sure I'm filing correctly and not missing anything important.

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