Recent content by hastes

So, this rule for US residents?

Yes, but... "whereas a foreign LLP is treated by default as a corporation (if, as is generally the case, all its members have limited liability)." I think i will use W‑8IMY anyway. Just touching ground before step on.

Hello (again) I'm currently updating the tax information in my Google Play Developer account and have encountered some confusion regarding the appropriate form to submit: W‑8BEN‑E or W‑8IMY. Background: Entity Type: UK Limited Liability Partnership (LLP). Residency: Georgia. Considerations...

What response did you get from the lawyer? I'm hesitant to consult lawyers because the local legislation is not well-developed, and each lawyer will interpret the law as they see fit, especially considering that the issue falls under international law, not just local law. I'm thinking of...

https://support.google.com/googleplay/android-developer/answer/9306917?hl=en

Google does not work directly with Georgia. :(

My turnover is still relatively small, so it’s easier and less stressful to just pay the 1% tax and keep things simple. It’s still an extremely low rate. Also I think Estonian or Latvian companies will bad for me because of passport.

I’d prefer to partially withdraw the profits for personal use and partially allocate them for business expenses. I believe it should be enough to simply declare this profit and that’s it. But not sure.

Hi everyone, I need advice on structuring my taxes. Here’s my situation: Personal Status: Physically and tax resident in Georgia (183+ days). Registered as a Small Business Individual Entrepreneur (IE) in Georgia (1% tax on turnover for IT services). Business Structure: UK LLP (95% partner)...

any news for it?