Can a U.S. company buy real property overseas? How would taxation work?
I'm looking to open a holding company in the U.S., but I do not know if I should have the U.S. company directly own the real property o if I should open a subsidiary in the foreign country which would then purchase the property(ies). I would appreciate any information on the matter. I'm looking for the best protection for my assets.
Public Comments
- That would be up to the laws of the country where you are seeking to buy. You need a consultation with legal and tax experts in the US and the country where you are looking to invest. If you set this up incorrectly you risk exposing income in both countries that might not be taxable in the other country to tax in that country.
Powered by Yahoo! Answers