Wyoming llc federal taxes

[Akeem868]

US is not in the CRS, if you are sending from US to US. i think your local government wouldn't know by default

yes i know, i am not worried about my home country knowing. Concerns are only about US taxes & from my research i won't owe if movement is careful & a certain way

 

[Akeem868]

I am thinking of forming a Wyoming llc. But are unsure of how federal taxes work. I am living in Europe, and will be doing business with us based companies.

i will pay myself as an independent contractor, and obviously pay personal income taxes here in Europe.

But is the llc taxed on each US sale, or on profits after all expenses?

Also can the llc purchase shares, and would this only be possible with profits after tax?

i spoke to someone versed in this area & your tax obligation in the US would be zero, you'd still have to file etc

"The Wyoming Limited Liability Company (LLC) is taxed like a partnership. All profits are passed onto the members and treated as personal income. This type of tax structure is sometimes called pass-through taxation."

https://www.wyregisteredagent.net/wyoming-llc