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.
Amazon FBA seller — do I need Form 5472?
I'm a foreign seller on Amazon FBA. Amazon handles everything — warehousing, shipping, payments. Do I still need to file Form 5472 for my US LLC even though Amazon manages all the operations?
I'm from Spain — how does my U.S. LLC get taxed?
I'm a Spanish citizen and tax resident in Barcelona. I formed a Wyoming LLC for my online marketing business. I work from Spain serving international clients. What are my IRS and AEAT obligations? I'v...
How are NFT sales taxed for a foreign-owned U.S. LLC? Are NFTs treated like other crypto?
My LLC mints and sells NFT art on OpenSea. I'm the artist and I'm based in Brazil. The NFTs are sold for ETH and I also earn royalties on secondary sales. I've made about $30,000 worth of ETH from pri...
What is the Limitation on Benefits (LOB) clause and how does it affect my treaty claim?
I am trying to claim treaty benefits on my Form W-8BEN-E, but I keep encountering references to the Limitation on Benefits clause. The form asks me to certify which LOB provision I satisfy. Can someon...
Can a foreign LLC owner build business credit in the U.S.?
I've heard that building business credit is important for U.S. companies. My foreign-owned LLC has been operating for about a year with consistent revenue. I don't have a personal U.S. credit history ...
I have an Etsy shop selling handmade goods through my foreign-owned LLC — what taxes do I owe?
I'm a German citizen living in Berlin. I opened a Wyoming LLC and started selling handmade jewelry on Etsy to U.S. customers. I make everything at home in Germany and ship internationally. Revenue is ...
Stripe vs PayPal vs direct bank deposit: what's best for receiving payments in my foreign LLC?
My foreign-owned LLC provides consulting services to both U.S. and international clients. Right now I'm invoicing manually and asking clients to wire money to my Mercury account, but some clients want...
I have dual US-Brazilian citizenship. Do I need Form 5472 for my LLC or just Form 1040?
I was born in Brazil to an American parent so I have both US and Brazilian citizenship. I've lived in Brazil my whole life and recently formed an LLC in Delaware for my software consulting business. A...
Do any states require withholding on distributions to foreign LLC owners?
I have a multi-member LLC with both U.S. and foreign members. I'm the foreign member (from Australia). The LLC is formed in California and earns income in California and Texas. Do these states require...
My foreign LLC sells e-books, online courses, and software downloads — how is this income taxed?
I'm an Israeli entrepreneur running a foreign-owned Delaware LLC. I sell three types of digital products: e-books on Amazon Kindle, online courses on my own platform (Teachable), and a software tool a...
What are Wyoming's annual requirements for a foreign-owned LLC? Is it really as simple as people say?
I formed my LLC in Wyoming based on advice from a YouTube video. I'm from South Korea and I run a small online tutoring business. The video said Wyoming has no income tax and very low fees. But I wan...
How are treaty benefits applied to interest income earned by my foreign-owned LLC?
My U.S. LLC holds a promissory note and receives interest payments from a U.S. borrower. As a nonresident alien owner, the interest payments are subject to withholding. I want to understand how my tax...
Can I dissolve my LLC to avoid future Form 5472 filings?
I'm not using my LLC anymore and the annual filing requirement is a hassle. If I dissolve the LLC, do I still need to file Form 5472 for the final year? What's the process?
Does the $18,000 annual gift tax exclusion apply to non-resident aliens?
I'm a non-resident alien living in Brazil and I want to give money to my niece who lives in the U.S. for her education. Can I use the annual gift tax exclusion? Is it the same $18,000 amount as for U....
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