Our valued sponsor

Foreign owned LLC owns LLC

Alexmorgan

Pro Member
Jun 7, 2023
509
259
208
44
United Kingdom
If my Foreign owned wyoming LLC company created another LLC company in wyoming to be owned by it

How the taxation will be on this?

If the subsidiary company earned from out of US income and transferred the whole income to main company is that gonna be taxed?

And should this new company have its own EIN?