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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curiousgeorge asked:

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?

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bostonianinmo said in June 9th, 2008 at 10:38 am

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

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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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