Offshore companies with ties to the United States are generally subject to U.S. taxation on their worldwide income. However, the tax treatment of offshore companies can vary depending on factors such as residency status, income sourcing, and tax treaties between jurisdictions.
The Internal Revenue Service (IRS) requires U.S. taxpayers to report income earned through offshore entities and may impose penalties for non-compliance. Proper tax planning and compliance are essential for ensuring that offshore companies fulfill their tax obligations to the United States.