Euro Pacific Bank EPB vs uphold.com

[Educate]

Why would US report?

Think about it logically...what does US GET from reporting non-us citizen funds being held in US banks?

They gain nothing.

Everyone is reporting to them already.

And while rest of world reports, US can become number 1 offshore, because of it not reporting.

So US gets all of this money from rest of world.

WIN-WIN.

If they started reporting people would stop keeping money there.

And nobody can force them to report. It makes no logical sense for them to do so.

 

[Martin Everson]

See response to the same point above you have now posted in three threads 🙄.

https://www.offshorecorptalk.com/threads/non-us-reportable-accounts-fatca.26795/post-104612

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

 

[Flatworld]

the email system of Uphold is hacked few month ago...I never use them since then~and I suggest other people do not use them...