drewmclaren1
Jul 31, 2016, 01:52 PM
Some details. I'm already a small equity partner in the company and now looking at making them a 12 month loan from my personal finances to ramp up their business quickly. As a US Citizen making this loan to an Australian entity, I'm foggy on how the interest will be taxed. I'm certainly hoping it won't be double taxed by both countries but looking for insight.
Thanks in advance and Cheers!
Thanks in advance and Cheers!