Money from US company hyperwallet

[PanTrace]

Hello everyone,

What would you recommend if you'd receive monthly certain amounts from
a US company via hyperwallet in order not to have it reported via CRS.

Sent money only to USD account on wise ?
Open physically an account in US ?

As a non US citizen the company does not care . Hyperwallet might though ask at some point to fill out W8BEN formular
(so far just personal info).

Keen to hear your opinions.

Have a nice day.

Thanks

 

[Martin Everson]

Your best to get your tax affairs or residency in order and not have to be concerned about CRS AEOI. Playing cat and mouse is not a good solution.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[CyprusLawyer101]

Martin Everson said:
Your best to get your tax affairs or residency in order and not have to be concerned about CRS AEOI. Playing cat and mouse is not a good solution.
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Especially where you are obviously the mouse

 

[PanTrace]

I am paying my taxes, its just a little side-job. No big amounts we are talking here .

 

[Martin Everson]

PanTrace said:
I am paying my taxes, its just a little side-job. No big amounts we are talking here .
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If your paying taxes then why are you worried about CRS AEOI? Unless your saying your not reporting your side job?

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[PanTrace]

yes exactly i was referrring to that side-job. Just started it , and i was wondering if i had any options...

 

[Martin Everson]

Mate enjoy German system and just pay your taxes there. When your ready to no longer pay then move out.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[PanTrace]

Martin Everson said:
Mate enjoy German system and just pay your taxes there. When your ready to no longer pay then move out.
Click to expand...

I do enjoy.. Thanks for the 'help'