My tax advisor mentioned IRC 269B 'stapled entities' — what does this mean and could it apply to my structure?
I'm an Israeli entrepreneur and I own both an Israeli company and a U.S. LLC. The ownership of both entities is identical — I own 100% of each. My tax advisor mentioned IRC 269B and said 'stapled entities' could be treated as a single entity for tax purposes. I've never heard this term before. What are stapled entities, and should I be worried about this applying to my structure?
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