Have a Tax Question? Ask a Tax Expert
IF you don't elect a corporate form of taxation for you LLC, then you will be taxed as what IRS calls a disregarded entity.
Further, if you have no physical presence in the US, there will be no (what is called) U.S. source income. Hence, you will pay no US income tax.
(Selling to US customers DOES NOT create US source income. US source income is created when you are actually doing business IN the US... have a physical presence, such as an office, own business assets in the US, have a US payroll, etc.)
And if you are not using a warehouse in NV then you don't have nexus for SALES TAX purposes either. You would only collect sales tax on sales to Nevada residents if you had some physical presence in the state
Please let me know if you have any questions at all, before rating me.
And if you DON'T have other questions Your positive rating … (by using those the stars or faces on your screen, and then clicking “submit”) …would be appreciated!
Otherwise I receive no compensation for the work.
I hold a law degree, with concentration in Tax Law, Estate law & Corporate law, an MBA, with specialization in financial accounting & tax, a BBA, and CFP & CRPS designations, as well - I’ve been providing financial, Social Security/Medicare, estate, corporate, non-profit, and tax advice, since 1986