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FOREIGN CORPORATION US PROFITS

  • 1.  FOREIGN CORPORATION US PROFITS

    Silver Most Valuable Member
    Posted 11-06-2018 10:49 AM
    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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