Skip to content

Comment on Ask HN: I am a US Citizen and I own a Canadian Corp and a US LLC ..Tax advice?parent

Comments

A question to get an answer to from your new professional advisor, is, can you reasonably and legitimately treat those payments as personal loans or advances (if paid to you and not paid to third parties), pay these loans back at this point to the Canadian entity, and belatedly contract between Canadian/US entities for services rendered.

You're a couple of years late on getting good advice on business entity structures and relationships...since you've been operating for a while now.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.