Hello everyone. Thank you very much for creating this excellent community. It's great to get professional advice.
Here is my question: I'm a German citizen who lives in Germany permanently. I'm planning on forming an LLC in the US without traveling to the US. I know that this is possible and legal.
Now, if my LLC or I gets taxed by the IRS, will I also have to pay tax in Germany on the same business? I operate a website that generates income through the Google advertising program and through the sales of ebooks.
Many thanks.
CitizenT
Here is my question: I'm a German citizen who lives in Germany permanently. I'm planning on forming an LLC in the US without traveling to the US. I know that this is possible and legal.
Now, if my LLC or I gets taxed by the IRS, will I also have to pay tax in Germany on the same business? I operate a website that generates income through the Google advertising program and through the sales of ebooks.
Many thanks.
CitizenT