Does a foreign-owned LLC in Florida need to pay the Florida corporate income tax?
I formed an LLC in Florida because I heard it has no personal income tax. I'm from Brazil and I sell digital products online. My LLC is a single-member entity and I'm the sole owner.
A friend told me Florida has a corporate income tax. But my LLC isn't a corporation — it's taxed as a disregarded entity for federal purposes. Do I still need to file anything with Florida? The LLC made about $120,000 last year.
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