International Tax IssuesAnswered

How does Japan tax distributions from my U.S. LLC?

KJ
kenji_jp_6b14new member
January 9, 2019 1,234 views 1 answer
japandistributionsdividendsforeign corporationNTACFC

I transfer money from my U.S. LLC bank account to my Japanese personal bank account every month. My Japanese tax advisor says these are dividends from a foreign corporation and should be taxed as dividend income. But in the U.S., the LLC is disregarded — there are no 'dividends.' How should I report these transfers on my Japanese tax return?

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