5 ms·
There are other ways to hide money now. Fatca is one way, allowing the US to get info but not forced to share it. So the new way is to have a US company (from
by jraby3 6y ago
There are other ways to hide money now. Fatca is one way, allowing the US to get info but not forced to share it.
So the new way is to have a US company (from Nevada, Wyoming, etc.) with at least one foreign partner.
If you’re interested in this I suggest reading Moneyland by Oliver Bullough.
- blaser-waffle 6y agoI've heard a good one is to get a foreign company -- one you're in cahoots with, obviously -- to sue you... and you lose. Judgements across borders generally are hands off, and there are easy ways to keep that money out of the IRS once settlements are involved.