Search results

A crypto-friendly prepaid debit card that is not linked to any bank could be a safe option to avoid local tax authorities matching the name of ATM withdrawals with local tax registries. What do you think? Is this an option or am I missing something? Any recommendations?

I wonder if using intermediate EMIs for transferring funds to a third persons/companies bank account is the best way to hide the location of your bank account whether is offshore or not.Any ideas please?

According to Reuters European Union finance ministers agreed on Friday to remove the Caribbean island countries of the Bahamas and Saint Kitts and Nevis from an EU list of tax havens. The two countries had been included on the blacklist in March as their tax rules and practices were deemed not...

Do we know of EMIs that offer a dedicated IBAN which is able to receive SWIFT transfers ? Thank you very much for the feedback!

On 26 April 2018, the European Parliament confirmed the latest text of the proposed directive known as the Fifth Anti-Money Laundering Directive (5AMLD), which amends 4AMLD with the aim of tackling risks associated with virtual currencies. 5AMLD will bring in changes including: Regulating...

Source: OECD (2017), Technology Tools to Tackle Tax Evasion, OECD Publishing, Paris (It is available online) We read in page 22 : "In Finland, ATM withdrawals are monitored. Withdrawals are summarised by credit / debit card number and cardholders are identified by card number (domestic issued...

I wonder how safe is to keep funds in EMI accounts and for how long. Any opinions and experience please ?

Sorry for my noob question but I am a little confused. I want to transfer funds from forex broker to offshore bank personal account and then withdraw them via debit card avoiding CRS reporting. I understand I need EMI account but what is the path : broker ”“ EMI ”“ bank ”“ EMI ”“ card ? or maybe...

This is a great community. I am looking forward to learn and share knowledge and experiences. Thank you all!