If the Foreign-owned Multi-Member LLC has no income (and no expenses, deductions, or credits it would like to claim), then there is no Form 1065 and K-1 filing requirement. Important: The above is a brief overview of U.S. taxation for a foreign-owned Multi-Member LLC, however the ...
Note that these issues also impact multi-member LLCs whose owners perform services for theLLC. However, because a multi-memberLLCby default is taxed as a partnership, it already has to file a tax return for theLLC(Form1065) and issue Form K‑1to its owners....