Yom Tov friends, a question for those who understand taxation on multi-family transactions in the US: When some partners…
good day friends,
A question for those who understand taxation on multi-family transactions in the USA:
When some partners set up an LLC in the US, and purchase a multi-family with the help of funding from an American bank…
After paying tax in the US, **How is the additional tax that needs to be "completed" in Israel calculated? **
Thanks in advance for all the replies…
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The company issues 1099 earnings report to each partner
Everyone submits their personal tax return, pays taxes in the US and then submits the report in Israel for completion if necessary