Recent content by rainy

Good argument - "you" doubt that it would share information.

Martin closed my topic about North Korea and deleted my post where I said that he deleted it too. Martin learns from Kim Jon Un. Why? Because he censors information here the way Kim Jon Un would here.

But won't your debit card company share that information with tax authorities too, in the near future?

I see. But 2 personal accounts - against the rules.

You had a personal account and then opened a second personal one in TW?

Is sending money from North Korea to China illegal? No? From China to Macau? No. From Macau to US? No. Any other questions? Do you know where the money you own has been before? Besides it's on a bank to do KYC to a person who sends a transaction. If a bank agrees to make a transfer, it implies...

Does it apply to few banks only or most of them?

Then I'd urge you not to even intertain the idea of reducing your taxes legally. You should pay lots of them, be a tax resident only in the places where they are high and be grateful for paying them as such :) You should seek to move to high tax places. And don't think that you can outsmart the...

A theoretical question: In the schemes like this, is it required to have a bank account in all of the parts of the chain-countries? In other words, when a person wants to send money somewhere via a bank, does he have to have a bank account in a country where he sends money from? Can a person...

why not. But after the things will have settled. How will I contact you?

Besides, the taxman of the said countries X, Y or Z would come into play and try to do something only if a person became a tax resident of any or multiple of these countries -- X, Y or Z. Correct?

@Sols My question is rather theoretical. Alrigh, but why would it be seen as a sum? Generally speaking, the taxman looks at at amount or shrehold on the yearly basis. And generally, the amounts under $10k or, perhaps, under even up to $100k per year - I don't know how much - are deemed ok or...

First - "some will ask questions, others - not" is equal to giving no answer. Second - smurfing would take place in a narco-cartel :) A consultant or programer *laundering* $5k/mo or $10k/mo would be funny. Launder them from what? From doing actuall consulting or software business?

Understand not what on based you speak why that concreate specified numbers I.

Theoretically. If one is staying in a countries X, Y, Z and has a bank account in a country A. Perhaps one is even a tax resident in country X officially, or not. And one is doing business online, worldwide, with relatively small revenue, which is barely distinguishible from the transactions an...