Do I owe French social charges (cotisations sociales) on my U.S. LLC income?
My French accountant says I may owe social charges on my LLC income in addition to income tax. The cotisations sociales for self-employed workers in France can be 30-45% on top of income tax. If the LLC is treated as transparent, is my income considered self-employment income subject to URSSAF contributions? This could make the total tax burden over 70%.
Related Questions
I'm from France — how does my U.S. LLC get taxed?
I'm a French citizen and tax resident in Paris. I formed a Wyoming LLC for my design consulting business serving international clients. I work entirely from France. What are my obligations to the IRS ...
What BIR forms do I need to file for my U.S. LLC income?
I earn income through my U.S. LLC and want to report it properly to the BIR. I'm registered as a self-employed professional. Do I file 1701Q quarterly? Do I need to register the LLC itself with the BI...
I'm from China — how does my U.S. LLC get taxed?
I'm a Chinese citizen living in Shenzhen and I recently formed a single-member LLC in Wyoming for my e-commerce business selling to U.S. customers. I have no physical presence in the U.S. and have nev...
I'm from the UAE — how does my U.S. LLC get taxed?
I'm a UAE resident living in Dubai. I formed a Wyoming LLC for my online consulting business. The UAE recently introduced corporate tax, but it has a high threshold. What are my U.S. and UAE tax oblig...
I'm from the UK — how does my U.S. LLC get taxed?
I'm a UK citizen and tax resident living in London. I set up a Wyoming LLC for my online consulting business. I work entirely from the UK and bill U.S. clients through the LLC. What are my U.S. and UK...
Do I owe Australian CGT if I sell my U.S. LLC membership interest?
I've been running my U.S. LLC for three years and I'm considering selling a 50% membership interest to a business partner. The LLC has appreciated significantly in value. Will Australia tax the capita...
I'm from Canada — how does my U.S. LLC get taxed?
I'm a Canadian citizen and resident in Toronto. I formed a Delaware LLC for my software development freelancing business with U.S. clients. I do all work from Canada. What are my tax obligations in bo...
I'm from the Philippines — how does my U.S. LLC get taxed?
I'm a Filipino citizen and tax resident in Manila. I set up a Wyoming LLC for my virtual assistant agency. I manage a team of VAs in the Philippines serving U.S. clients. What are my IRS and BIR oblig...
I'm from Germany — how does my U.S. LLC get taxed?
I am a German citizen living in Berlin. I formed a Wyoming LLC for my digital marketing agency serving U.S. clients. I perform all work from Germany. What are my U.S. and German tax obligations? I hav...
HMRC is treating my U.S. LLC as a company — how do I fix this double taxation?
I've been filing my LLC income as self-employment on my UK Self Assessment for two years. HMRC opened an inquiry and is now saying my Wyoming LLC should be treated as a foreign company subject to corp...
Have a similar question?
ForeignLLCTax members get expert answers with IRS citations. One CPA consultation costs $200+. Full access is $9.99/month.
Become a Member — $9.99/moDisclaimer: All content on ForeignLLCTax.com is created by a tax professional and is provided for general educational and informational purposes only. It does not constitute tax, legal, or accounting advice, and should not be relied upon as such. Every tax situation is different — for advice specific to your circumstances, please consult a licensed CPA, Enrolled Agent, or tax attorney. By using this website, purchasing a subscription, or accessing any tools or services, you acknowledge that no client-professional relationship is established between you and ForeignLLCTax.com or its operators. This website is not affiliated with the IRS.
