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Is Foreign Interest on a Loan Taxable in a LLC

Thread starter Allenk
Start date Today at 15:25

Allenk

New member

Today at 15:25

Today at 15:25

Hi

A company in South Africa, wants to borrow funding from a US LLC.

I understand there needs to be a 'market related' interest rate charged on this.

Will the interest income from a foreign company be taxable in the US LLC?

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