Lori S. asked
I own a non-listed company abroad and was informed that there is a regulation about deemed dividend, meaning even if the company did not pay an actual dividend, I have to pay dividend income tax to the US tax office on the net income of the company. I was also informed that there is a way to defer this kind of tax imposition and I would like to learn more about it. Specifically, I want to know: 1. Is it correct that there is a legitimate way to defer the taxation on deemed dividend? 2. Is there a limitation to the number of years that the shareholder can defer the tax payment on deemed dividend?
July 30th, 2023
Matthew R. answered
Yes, there is a legitimate way to defer the taxation on deemed dividend for US shareholders of a Con...
July 30th, 2023
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