Quote:
Originally Posted by JA$ON
Thats fine and dandy, but if you live in the US and need $ to live, lol...you have to bring it back. Once it hits a US account (even a foreign acct with your name on it) its up for grabs
If you want to just store it overseas, then sure
|
Yes there is a new thingy called FACTA law which obligate europe and many other countries to share data about their american customers.And what is crazy,even if you are american which work in europe,you still need to report your revenues to US IRS,so there is a chance how there is need to pay for double taxes.