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Does a U.S. LLC (disregarded entity- 100%-owned by a Mexican Corp.) have a filing requirement? If so, what form besides Form 5472?
I have a question about U.S. LLCs. Specifically, does a U.S. LLC that is 100%-owned by a Mexican Corp. have any filing requirements?
Yes, a U.S. LLC that is wholly owned by a foreign corporation is typically considered a disregarded entity for U.S. federal income tax purposes. As such, the LLC would generally not be required to file a separate U.S. federal income tax return.