Is owning stock considered "trade or business"?


C

correo

I am a non-resident alien to the US. If I set up an LLC in
the US with me as the only owner, then open an account at an
online broker under the LLC's name, and buy/sell stocks...
will the LLC be taxed as doing business in the US? Will it
have to pay any tax for that activity? Thank you very much
for you time :)

Diego
 
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