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LLC with non US members & US operation

Income generated by LLC with US operation may be considered as 'effectively connected with US trade or business' and as such be subject...

LLC that owns real estate in the U.S. can generates rental income (or loss) from renting out the properties and collecting rent from...

Taxable income generated by LLC that elects to be treated as disregarded entity for tax purposes, may be considered 'not effectively...

State income tax comes in addition to any Federal income tax imposed by the IRS and it is administrated by each state Tax or Revenue...

The U.S. has two separate income tax systems: Federal and State. The Federal tax is administrated by the IRS (Internal Revenue Service)...

Limited Liability Company (LLC) is a legal business structure formed under each state laws and it has characteristics of ...

Limited Liability. Members of a LLC benefit from the 'limited liability' characteristic of this legal entity and are protected from...

Limited Life. In many states, when a member leaves an LLC, the business is dissolved and the members must fulfill all remaining legal and...

LLC can be treated by the IRS as either a corporation, partnership, or as part of the LLC’s owner’s tax return (a “disregarded entity”),...