Maltese Resident (Non-Dom) + US LLC (Delaware)

[A1988]

Thanks!

Is there a definition on "income arising in Malta"?

And are there any sources on how LLC's are treated in Malta?

Income arising in malta is pretty straightforward, from any maltese entity or individual resident of malta.

Unfortunately, I do not have any source for how LLC is treated, just what my attorney advised me who is always right atleast in malta.

P.S What I shared shouldnt be taken as financial or tax advise, please consult your own tax or financial advisor.

 

[A1988]

Haha well it's not aggressive, you just have to be kind of careful with giving out advice like that. And you still didn't mention what CFC rules have to do with this..

Yes and I am not an attorney and neither I work for one, actually I am paying a hefty amount to stay out of trouble. Lots of information is not available to the average JOE and lots of structures are not accessible to the average joe.

P.S PLEASE CONSULT YOUR OWN TAX OR FINANCIAL ADVISOR AND DONT TAKE THIS AS FINANCIAL OR TAX ADVISE. DO YOUR OWN RESEARCH.

 

[mapo]

there is a tax treaty between the US and Malta. This treaty helps to prevent double taxation on income earned by residents of one country in the other.

However, it's important to note that the specific tax implications of your situation can be complex and may vary depending on your individual circumstances

What's the point of commenting and adding nothing to the discussion?

We all know there is a tax treaty between US and Malta and we all know the situation can be complex, that's why a wrote some details in the post.

Please feel free to share your point of view on this specific situation. Thanks