Topic Thread

FOREIGN CORPORATION US PROFITS

  • 1.  FOREIGN CORPORATION US PROFITS

    Posted 13 days ago
    We have a UK client that invests in US films. The investment is made by US C Corporation that is entirely owned by UK individuals. If the C corporation receives taxable income from the partnerships they invested in via a K-1 form should they being paying US tax or are there any treaties that allow them to avoid US tax?

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    Gabriel Bentovim
    HOFFMAN & BENTOVIM, CPAs PC
    Commack NY
    631-499-1500
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  • 2.  RE: FOREIGN CORPORATION US PROFITS

    Posted 12 days ago

    This is what you are looking for.

     

    https://www.thetaxadviser.com/issues/2011/oct/koznitzky-oct2011.html

     

    Gordon L. Cannoles, CPA

    2309 Roosevelt Drive, Suite A

    Arlington, TX 76016-5866

    Direct 817-350-6507

    Fax 817-628-1669

    Cell 817-773-1811

    gordon@glc-cpa.com

     

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