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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: John who wrote (67708)3/18/2012 8:34:36 PM
From: DuckTapeSunroof1 Recommendation  Read Replies (1) | Respond to of 103300
 
"would THAT income be taxed by the United States if the owner of the corporation lives in the United State"

To the extent that income or portions of capital gains are directed to, and received by, a SHAREHOLDER in the US that shareholder must pay taxes on said income.

Income that remains at the corporate level ("C" corp, not LLC of course...) and on the books of the corporation of course would be a different matter.

So... if you intend to live here in the States but leave ALL of the gains on the corporate books, pay no dividends, capital distributions, etc., etc....