Does a 49% owner of a LLC who is a foreign company have to pay self employment tax on their LLC earnings?

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foreign company has a 49% equity ownership of a LLC in the US. Does this company pay self employment tax on their portion of income from the LLC?

2007-07-12 07:51:13 · 1 answers · asked by curiousgeorge 2 in Business & Finance ➔ Taxes ➔ Other - Taxes

Companies don't pay SE taxes, only individuals do.

2007-07-12 08:51:10 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋