Hello,

 

I became recently Netherlands tax resident and I have a LLC in the US.

It is one owner small business that does not generate much profit, but I still need to declare it here.

 

Does someone know how it will be taxed here?

Is it Box 1? Box 3? Or Corporate Tax?

Is it considered a dividend or a profit, or both at the same time?

 

Thanks in advance for your help!

Hi, welcome to higher level.

 

An LLC in the US can be eligible for Dutch taxation if the director of the LLC is a resident here. I take it that that's the case. If so, then your LLC is taxed as a foreign corporate entity, meaning that the LLC itself has to pay corporate income tax. Vennootschapsbelasting in Dutch.

 

Best regards and happy New Year

Hey,

 

Thanks for your reply.

 

I see, so that is 15% up to 245,000€ of profit then?

 

Thanks and happy new year!

As of today the threshold is 395k, and your LLC should be entitled to avoidance of double taxation

Thanks much!