I have a question: what is the best structuring for tax efficiencies for US citizens living abroad?
@sonny80858 ай бұрын
Thank you for the information. I am a foreigner who has a US LLC and the advice i was given is to steer clear of "US sourced income", because thats when you start to trigger more filing and tax liabilities in the US. Can I take from this video that it isn't true in the case of investing, so long as there is no "dividends" being paid?
@josephsaeteurn9158Ай бұрын
how about US citizen wanting LLC.. whats your thought on opening a LLC to trade as a business?
@Fractal-ShotsАй бұрын
Thank you for the information you provided James. Much appreciated! You mentioned the foreign Corp. (99% owner) + the LLC as 1% owner / manager. My question is: can the LLC in this combination (corp+LLC) be a multi-mumber LLC? or does it have to be a single member one? Thank you again :)
@henrikandersen7778 Жыл бұрын
So a foreign company owned (Panama IBC) LLC dont pay withholding tax on dividends on US stocks?
@ec-qe6kq Жыл бұрын
If your an American you always pay American tax on your profits. Anywhere. US is the best place to make money for non Americans
@henrikandersen7778 Жыл бұрын
@@ec-qe6kq US citizens has 401k, IRA and HSA. So if you dont appriciate your advantages as a US citizen, you are a spoiled brat!
@krugmeup21624 ай бұрын
Can you set up a cfd broking account with a foreign company (3rd country) llc? Americans can’t use cfds but Australians can.
@Geoyeabro18 күн бұрын
So im from Greece if i make an LLC and i buy a stock that pays dividents i will be taxed 10-15% and nothing for capital gains?
@robertozcok6174 ай бұрын
How about capital gains tax?it is the same 20% for long term if you use LLC to invest in us stocks market?
@mystictcg40975 ай бұрын
What platforms allow LLC brokerage accounts?
@MUNAWARAKARISKY11 ай бұрын
Is there any central depositry system for stocks in the USA that is more secure than brokerage firms ?
@arslanarif16108 ай бұрын
Hi, A guy not filling 5472 and proforma 1120 since 2019. What he should do ? Should he file now? Never received any penalty.
@markus86993 ай бұрын
Thank you so much for all the valuable info you share here on KZbin James. I am a non-US person. I have two kids on the way, and I want to gift them some funds when they are born, to be investment on Interactive Brokers. Unfortunately, Interactive Brokers do not offer custodian accounts to non-US people and non-US minors. So…. I need to find a workaround. I am considering a US LLC with my children as members and myself as the manager. Do you know if that would work? Or would you recommend using an offshore LLC for this purpose instead?
@Andrea-cv4jq4 ай бұрын
how can i register an united states account at interactive brokers if i am resident in europe? is it possible?
@blackmantis0016 ай бұрын
Schwab brokerage accounts are NOT FDIC insured!
@JamesBakerCPA6 ай бұрын
Well if it's money market that's one thing but the stock accounts are regulated differently
@trialsaustraliapodcast6783 Жыл бұрын
James, on the back of this I booked a discovery call. It got cancelled and told I have to pay $250 for it. Am I getting scammed?
@ScottJLetourneau6 ай бұрын
I have worked with James; he has a free call with his team to answer basic questions; any tax questions are a paid consult with him, which only makes sense for consulting advice on U.S. taxes and what is best for you.
@JamesBakerCPA6 ай бұрын
Thanks for the comment. People schedule discovery calls but if you come in with complicated questions they suggest a paid call so it's not a waste of time. This offer would have been 250 for a one on one call with me to fully diagnose and advise on your situation
@JamesBakerCPA6 ай бұрын
At this point I have to charge for the calls I attend because of the demand and the free calls on the website from my team can only answer basic questions. But that is fully explained on the schedule page
@Akeem_7684 ай бұрын
Can't the foreign company just own the brokerage account direct without having to own a US LLC in the middle?
@JamesBakerCPA4 ай бұрын
Then it would be a foreign brokerage
@Milan-hl5nm5 ай бұрын
How to open trading account? I am an Indian citizen and wants to invest in US stock market?
@JamesBakerCPA5 ай бұрын
Perfect there are no taxes on capital gains for non residents
@JamesBakerCPA5 ай бұрын
Perfect there are no taxes on capital gains for non residents
@Milan-hl5nm5 ай бұрын
@@JamesBakerCPA please help me out how to open trading account
@TheLateral18 Жыл бұрын
Thank you for this video.. How is the process for a person in the US to open a LLC
@JamesBakerCPA Жыл бұрын
Hey! You can watch this video here - kzbin.info/www/bejne/f3yWaYJ3l8iHqdk Or you can book in a call to talk to me and we'll decide on the best path with you - jamesbakercpa.com/schedule
@p.c.h.6721 Жыл бұрын
James, this is the video I was waiting for...finally!! I’m a trader, I have an account with Charles Schwab, will they have a problem if I switch from my personal brokerage account to an LLC account? I don’t live in the US, but I have a few relatives there and I’m sure they won’t have a problem if I use their home address. Please let me know and I will contact you, thanks in advance 🙏
@JamesBakerCPA Жыл бұрын
Hey mate, can you book in a free call and we'll go over this in more detail - jamesbakercpa.com/schedule