Real Tax Questions, Expert Answers
Get answers to your foreign-owned LLC tax questions from ForeignLLCTax. Every answer includes IRS source citations and step-by-step guidance.
How does the U.S.-UK tax treaty affect my foreign-owned LLC?
I am a UK tax resident who owns a single-member LLC in the United States. I want to understand how the U.S.-UK income tax treaty applies to my situation. What withholding rates apply to different type...
Stripe is under the LLC, PayPal is still under my personal name, and Wise gets payouts from both. How bad is that?
I am in Thailand and run a Delaware LLC for digital products and affiliate income. Stripe is correctly set up under the LLC with the EIN, but my older PayPal account is still in my own personal profil...
Upwork requires W-8BEN-E before I can withdraw. Does that solve my U.S. tax issues for the LLC?
I am a software freelancer in Pakistan and use a Wyoming single-member LLC to bill U.S. clients on Upwork. Upwork says I have to complete a W-8BEN-E before I can withdraw earnings and that otherwise t...
My U.S. LLC opened a Wise account for foreign currency. Does the LLC itself now have an FBAR issue?
I am in Portugal and run a Delaware LLC. To handle EUR client payments, the business opened a Wise business setup and now holds balances outside the U.S. during the year. At peak, the foreign balance ...
A U.S. brand wants a W-8BEN-E from my LLC, but someone told me a disregarded LLC should not use it that way
I am a UK creator using a Delaware single-member LLC for sponsorship contracts. A U.S. agency wants me to submit Form W-8BEN-E before they release a $14,500 campaign payment. Another advisor told me t...
Is my foreign-owned Delaware LLC really exempt from BOI now, or am I reading outdated summaries backwards?
I am in the Netherlands and have a Delaware LLC that I formed in the U.S., not a foreign company registered into the U.S. I kept seeing BOI content everywhere in 2024, so I assumed I would have to fil...
I flew to Los Angeles for a sponsored content shoot. Did I create a U.S. tax problem for my creator LLC?
I live in Seoul and run my influencer business through a Wyoming LLC. A U.S. cosmetics brand paid about $28,000 for a campaign and brought me to Los Angeles for four days of filming. Most of my other ...
My LLC received a $24,000 wire from my personal foreign account. Do I have a special U.S. reporting form just because it crossed $10,000?
I am in Turkey and wired $24,000 from my personal bank account into my Delaware LLC to cover development and contractor costs. The bank processed it normally, but then a friend told me that anything o...
Novo seems simple, but do I need a U.S. business address and ITIN-style owner details to make it work?
I am in Japan and testing Novo for a single-member Wyoming LLC. Their older guidance seems friendly to non-U.S. citizens, but newer application guidance also says the business address needs to be in t...
Mercury says it supports founders worldwide, but my principal business address cannot be a registered agent. What do they actually want?
I am in India and opening a Delaware LLC for a SaaS tool. Mercury looks like the best banking fit because it openly supports non-U.S. founders, but their onboarding language says the principal busines...
My Georgia LLC only has one U.S. recruiter. Does that one payroll setup make Georgia a much bigger state issue?
I am based in Kenya and run a Georgia LLC that places remote assistants for U.S. clients. Almost everyone works outside the U.S., but I now have one recruiter in Atlanta on payroll. Revenue is around ...
What foreign financial assets do I need to report on Form 8938 under FATCA?
I'm a U.S. citizen living in Singapore. I have a bank account with about $150,000, a brokerage account with $80,000, and I hold stock in a Singapore private company worth about $200,000. I've been fil...
My Instagram sponsorship contracts let U.S. brands reuse my content. Is that just service income?
I am a Brazilian influencer using a New Mexico LLC for brand partnerships. Most campaigns are for U.S. beauty brands and I usually shoot everything in Sao Paulo, but the contract often says the brand ...
I picked Oregon because there is no sales tax. Did I oversimplify the whole state issue?
I am in the Philippines and formed an Oregon LLC for a design-and-print business that sells mainly to other businesses. I liked the idea of no state sales tax and assumed that made Oregon cleaner than...
TikTok says only my U.S. engagement is taxed. If they already withhold, why do I still care about my LLC filings?
I am based in Spain and use a Wyoming LLC for my TikTok creator income and some small Instagram brand deals. TikTok's help page seems to say that only U.S. engagement is generally subject to U.S. tax ...
YouTube sent me a 1042-S through AdSense. Does that mean my Delaware LLC now needs a U.S. tax return too?
I am a creator in the Philippines and use a Delaware single-member LLC for my YouTube business. Around 40% of my views are from the U.S. and total gross channel revenue is about $95,000. Google asked ...
I spent two months in the U.S. while running my app business. Do I now need more than Form 5472?
I am an Australian developer with a Delaware single-member LLC. Revenue comes from Apple in-app purchases, Google Play subscriptions, and AdMob ads, for about $140,000 total this year. Most of the yea...
My Florida warehouse issue feels like sales tax, but could it also become a federal tax problem?
I am in Mexico and run a Florida LLC that sells imported home goods online. We recently moved some stock into a Florida warehouse to improve delivery times. My sales tax adviser is already reviewing F...
What IRS enforcement actions on crypto should foreign LLC owners be aware of?
I've been reading about the IRS cracking down on cryptocurrency tax evasion. They apparently got data from Coinbase and other exchanges through John Doe summonses. My foreign-owned LLC trades on sever...
Does hiring one California contractor mean my foreign-owned LLC has to register there?
I am in Australia and run a Delaware LLC with around $95,000 in e-commerce support revenue. I am about to hire a California-based contractor who would handle customer onboarding and maybe some account...
I already formed in Delaware through Atlas. Is it worth moving the LLC to Wyoming now?
I am in Brazil and used Stripe Atlas to form a Delaware LLC for a SaaS company. We are not raising VC money anymore and the business is still small, so I keep seeing people say Wyoming would have been...
Google Play is asking for foreign status documents and also showing Brazil withholding notices. Which tax am I looking at?
I am in India and sell an Android subscription app through a Delaware LLC plus a local Indian company. Google's payments pages asked for foreign status information, and separately I am seeing referenc...
My Washington SaaS setup is remote. Why is my accountant asking about B&O tax?
I am in South Korea and have a Washington LLC because my co-founder lives in Seattle and handles operations there. We sell a SaaS product and most of the code is written outside the U.S. I assumed the...
Apple asked my Singapore company for a U.S. tax form. Is that normal if I am not in the U.S.?
I run a Singapore private company and recently switched my mobile app publishing to a Delaware LLC that I own. Apple is asking for U.S. tax information in App Store Connect even though I am not U.S.-b...
What are New York's filing requirements for a foreign-owned single-member LLC?
I formed an LLC in Delaware but registered it as a foreign LLC in New York because I have a client there. I'm a UK citizen living in London. My LLC provides consulting services to a NYC-based company....
My Atlas LLC has almost no revenue yet. Can I skip U.S. filing for the first year?
I am in Lagos and formed a Delaware LLC through Stripe Atlas for a micro-SaaS project. Revenue in 2024 is maybe $8,000 and most of that came late in the year. Before that, I personally paid for format...
Can California really charge my LLC even if the business barely sold anything there?
I live in Germany and formed in Delaware, but one co-founder moved to California and has been doing product demos and some customer support from there. Sales to California customers are still small. W...
What is the Base Erosion and Anti-Abuse Tax (BEAT) and who does it affect?
Our company is a U.S. subsidiary of a large foreign multinational. Our CFO mentioned we might be subject to something called BEAT — the Base Erosion Anti-Abuse Tax. I looked it up and it seems very co...
My single-member LLC made no money this year. Do I still need to file taxes for it?
I'm a British citizen who formed a single-member LLC in Delaware through Firstbase about 8 months ago. I haven't launched my product yet so the LLC has $0 in revenue. Do I still need to file anything ...
People told me Texas has no state income tax. Why am I now hearing about franchise tax filings?
I am in India and registered a Texas LLC for a productized consulting business. Revenue is around $140,000 and all payments come from U.S. customers, but I perform the work from India. I chose Texas b...
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