Hey guys,
I'll quickly explain my situation and hope to get an answe to this burning doubt I have:
- I am based in Italy.
- I am a freelancer, but work only with non-Italian companies.
- I obviously don't want to pay taxes.
- I can't get tax residency elsewhere because of family reasons.
- I am willing to take a small risk
My question is:
If I open an US LLC from Italy, with a US bank account. And never:
- Transfer money to myself or one of my EU bank accounts.
- Never declare the US LLC to the Italian governement.
- Do not invoice Italian companies.
Will the Italian governemtn automatically know about the US LLC?
I know that under FACTA only bank data is exchanged, but it doesn't affects LLC.
Is it correct?
I know it's not the cleanest solution, but because of family reaosns, I can't move my citizenship elsewhere.
I'll quickly explain my situation and hope to get an answe to this burning doubt I have:
- I am based in Italy.
- I am a freelancer, but work only with non-Italian companies.
- I obviously don't want to pay taxes.
- I can't get tax residency elsewhere because of family reasons.
- I am willing to take a small risk
My question is:
If I open an US LLC from Italy, with a US bank account. And never:
- Transfer money to myself or one of my EU bank accounts.
- Never declare the US LLC to the Italian governement.
- Do not invoice Italian companies.
Will the Italian governemtn automatically know about the US LLC?
I know that under FACTA only bank data is exchanged, but it doesn't affects LLC.
Is it correct?
I know it's not the cleanest solution, but because of family reaosns, I can't move my citizenship elsewhere.