May 21st, 2008 by Kenny Kings

online activities on the water – the taxes?

Hello, I intend to initiate an international line and in the United States, mainly in Europe. All sales are made outside the United States and goods are bought and sold outside the United States only thing I have in the U.S. is the bank account. Now, can someone help me know how much taxes and what I'm paying in the U.S.? Besides, what kind of company rather formed entity – LLC, the sole breadwinner. or to pay less U.S. taxes?

You have a curious question of the situation you describe. Why what form an entity, the United States? The first key to understand is that if you form a United States entity to carry out all operations of this company, then no matter who sells the products, where the servers are in the inventory or when the bank account. All transactions will be considered U.S. source income and U.S. tax liabilities. Comparatively, can the structure of the entity anywhere in the world, and only pay tax on U.S. money you go to the U.S.. Assuming that form the entity of the United States, what state are you? Are you in a state that recognizes S-corporations? Are you in a state that the additional taxes on LLCs? What is your exposure to liability in these transactions? How do you think that the first year and in year 5? What are the retirement options and benefits you want? Assuming that you form a foreign entity to manage all transactions, and you receive a paycheck or dividend check to the foreign entity only, then you may or may not want to create a U.S. entity at all. What other business you? What is your lifestyle like? Can I use any of its other activities to mitigate their tax liabilities? What country are trained in the foreign entity and that tax treaties are relevant? What I take this response is that there are too many factors to consider this issue to provide great or best answer that will work for you. You must spend time and money to sit with an accountant or a lawyer with experience in international business to discuss the structuring of this to his advantage sustainable.

business, economics, finance, money, tax