Do I need to follow Section 263A UNICAP rules for my foreign-owned LLC selling on Amazon?
I'm a Singapore resident running a foreign-owned Wyoming LLC that sells supplements on Amazon FBA. My accountant brought up 'Section 263A UNICAP' and said it might require capitalizing freight, warehousing, and overhead into inventory. Annual revenue is around $1.8M. Do small foreign-owned LLCs really have to do UNICAP, and what gets capitalized?
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