Estate & Gift Tax for NRAsAnswered

How does the U.S.-Germany estate tax treaty treat LLC ownership?

TD
thomas_de_762enew member
August 21, 2023 1,187 views 1 answer
U.S.-Germany treatyestate taxGerman ownerLLC classificationErbschaftsteuer

I'm a German citizen living in Munich and I own a Wyoming LLC that operates an online business. The LLC has about $200,000 in assets including a U.S. bank account and some equipment. I also hold $800,000 in U.S. stocks personally. Does the U.S.-Germany estate tax treaty help me? Does it matter that Germany treats U.S. LLCs differently than the U.S. does?

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