Further updates:
However, this is the part which confuses me:
What exactly does “foreign reporting companies” mean?
Sounds really promising, no update on the FinCEN website yet tho.
Further updates:
However, this is the part which confuses me:
What exactly does “foreign reporting companies” mean?
Maga.
WaitElon now knows about this "issue":
once they have you, there's no way out. you should've known that!Ok i did it
How i can delete it from them?
once they have you, there's no way out. you should've known that!
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So Would a foreign owned US LLC need to report BOI ? Trump says "US CITIZENS"yeah they have an america first investment policy going on and it's going to be interesting, but it's mainly focus on China china china being the enemy:
https://www.whitehouse.gov/presidential-actions/2025/02/america-first-investment-policy/
"America’s investment policy is critical to our national and economic security. Welcoming foreign investment and strengthening the United States’ world-leading private and public capital markets will be a key part of America’s Golden Age. The United States has the world’s most attractive assets, in technology and across our economy, and we will make it easier for our overseas allies to support United States jobs, United States innovators, and United States economic growth with their capital."
" (h) The United States will continue to welcome and encourage passive investments from all foreign persons. These include non-controlling stakes and shares with no voting, board, or other governance rights and that do not confer any managerial influence, substantive decisionmaking, or non-public access to technologies or technical information, products, or services. This will allow our cutting-edge businesses to continue to benefit from foreign investment capital, while ensuring protection of our national security."
About BOIR
trump talks about american citizens in the post below, but then goes saying "american businesses too"... so who knows.
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Under scheme which was provided by @marioIT US LLC even if owned by foreign shareholder is not considered foreign reporting company as it would be incorporated under US/US state laws.So Would a foreign owned US LLC need to report BOI ? Trump says "US CITIZENS"