OksanaMarch
Junior Member
What is the name of your state (only U.S. law)? New York
I am a U.S. citizen and I own a foreign company. The company is making money, but I use the money to grow the company.
I have never received any salary or dividends from this company. 2012 is the first year the company began making money. I am just trying to confirm that there is no tax due in the U.S. in this situation. Thank you.
I am a U.S. citizen and I own a foreign company. The company is making money, but I use the money to grow the company.
I have never received any salary or dividends from this company. 2012 is the first year the company began making money. I am just trying to confirm that there is no tax due in the U.S. in this situation. Thank you.