I am Canadian, living in Canada. I have been invited to be part of a startup in the USA. The startup has formed an LLC and is offering restricted member units. I have read that this is potentially a difficult tax situation so before I jump in I want to make sure I'm structuring things properly.
I have a Canadian Consulting Corp that I run my current business through, does it make sense for my Canadian Corp to own the units or is there a better way?
This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.
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