I work remotely in Turkey for 1 customer in the USA. I would like to setup a US LLC to receive payment for my services from them so that I have access to US Banking services / debit cards.
I believe this means I am not taxed at all when setup as a pass through.
The thing is, I do want to pay a little tax anyway but not zero. Is there something I can do to make this setup take some tax from me?
I want to do this because In my country of residence, if I'm setup as an employee of an overseas business (my LLC) & receiving income in a foreign currency to a foreign bank - I'm not taxed here either. But I would like to show that I'm getting taxed something if they ask, but I really don't think they ever will based on how poorly the country is run and how thousands of foreigners live here tax free and no one cares.
Does this business setup work well for my situation? Yes you might bring up "But CFC laws..." however as long as the IRS is satisfied, I don't care.
I believe this means I am not taxed at all when setup as a pass through.
The thing is, I do want to pay a little tax anyway but not zero. Is there something I can do to make this setup take some tax from me?
I want to do this because In my country of residence, if I'm setup as an employee of an overseas business (my LLC) & receiving income in a foreign currency to a foreign bank - I'm not taxed here either. But I would like to show that I'm getting taxed something if they ask, but I really don't think they ever will based on how poorly the country is run and how thousands of foreigners live here tax free and no one cares.
Does this business setup work well for my situation? Yes you might bring up "But CFC laws..." however as long as the IRS is satisfied, I don't care.