I have a client in Ireland and I invoice this client through a UK LLP (I might invoice other clients in other countries too). I incorporated there because the client only wanted invoices from an European company. A UK LLP is pass-through and if the members do not reside in the UK, the LLP is not...
Hi,
Based on my research single-member LLCs in Delaware, Wyoming and New Mexico are considered as "Pass-through entities" as far as taxes are concerned.
Does this mean that I personally need to pay the tax on the income of the LLC for the year even if I do not pay myself even a single dollar...
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