Client, with 1 employee, is an outside sales person. Receives commission, with approximately 90% of income is from Mexico. Client is located in Texas.
What would be the advantage, disadvantage, of incorporating in Tx with most sales
in Mexico. The company that he sales for is located in Mexico.
Tx does not have a state individual income tax, but there is a corporate income tax
based on percentage of business done in Tx.
The corporation would have 2 employees, my client plus the other employee.
Any discussion on this would be appreciated.
Next step would be to talk with an attorney that is knowledgable in the area of
international taxation.
What would be the advantage, disadvantage, of incorporating in Tx with most sales
in Mexico. The company that he sales for is located in Mexico.
Tx does not have a state individual income tax, but there is a corporate income tax
based on percentage of business done in Tx.
The corporation would have 2 employees, my client plus the other employee.
Any discussion on this would be appreciated.
Next step would be to talk with an attorney that is knowledgable in the area of
international taxation.