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> You very quickly get into tax evasion, whether you know this or not I don't understand where you got tax evasion from my comment? US LLC's are pass through e
by unmole 2y ago
> You very quickly get into tax evasion, whether you know this or not
I don't understand where you got tax evasion from my comment? US LLC's are pass through entities by default. All income from the LLC directly flows to the GmbH which pays the normal tax rate in Germany.
When the time comes to sell, transfer of the LLC is a share deal which avoids the downsides of the asset deal which TFA describes.
- anonzzzies 2y ago> I don't understand where you got tax evasion from my comment? I didn't say you did, I said that many people (as I see from experience every day) think it's fine to just easily and cheaply open a company somewhere (as you did say) else and then follow their tax rules and that's it. And that's not true. You didn't quite mention you intended this in conjunction with a GmbH, so it sounded like 'quick and easy offshore' which I was responding to. Also, depending on the ownership / structure of this xmas tree, you might still not quite benefit from this as you think. It's complex matter and many people just do it without giving it too much thought. Which works if things stay small-ish.
- unmole 2y ago> You didn't quite mention you intended this in conjunction with a GmbH, so it sounded like 'quick and easy offshore' which I was responding to. I quoted the part of the article that was describing a dual company structure.
- anonzzzies 2y agoAh, I didn't read that from it, apologies.