LLC foreign member tax problem

Apr 16, 2006 0 Replies

Establishing an LLC with two foreign members (non US citizens/residents) from different continents I ran into several tax problems. One of the problems is still not solved: one of the foreign members owns a company in the middle east and would like to have a monthly amount paid to his company for services rendered to the LLC. He would prefer to be paid that way rather than receiving a salary from the LLC. His company would of course officially bill this amount to the LLC each month. Are we running into any tax problems since he is a member of the LLC but instead of receiving a salary (he is the acting COO) he would basically receive a payment to his company in the middle east! Thank you for your help in advance!



>
>
>
>
>
>
>

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required