Question
I'm non-US-resident. I live in Argentina 100% of the time. However, I am part of 2 US companies:
1) I'm Co-Founder (50%) of a member managed LLC registered in the USA. We provide virtual reality services to clients in the USA. We started operations in june last year and we filed 1065 and 1040 taxes this year through an american CPA. I also obtained an ITIN number.
2) I'm part of a Startup also registered in the USA (it's an SPC), who's team is fully based in Argentina. I'm about to be granted stock for my work on this startup:
a) 607 shares of common stock.
b) 1508 shares of restricted stock (they vest partially every 6 months for the next 5 years).
My question is in regards to company #2. Once I sign the grant agreements, shall I pay taxes for the received stock shares?
Answer
You and your company both are two separate entities. Your company is in US, therefore it has to pay taxes in US. Therefore, when you receive the stocks, you don't have to pay any taxes in US as your company is already paying taxes in US.
As you are staying in Argentina, you are using the public resources like road, governance, security (police), justice, etc; it makes you liable to pay taxes there. You have to pay taxes on your income as per the tax rate and slabs that you fall in.
Thanks for reading
Shishir
