Ethical

[Alfrankenstein]

Will there be any offshore banks that will not report to fatca or ask for source of funds? Will all offshore banks be ethical in this sense? Ethics?

 

[Mssquirrel]

Alfrankenstein said:
Will there be any offshore banks that will not report to fatca or ask for source of funds? Will all offshore banks be ethical in this sense? Ethics?
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Most report to fatca and the ones that doesn't might steal your money. If you have a lot of money and want to hide your money from the US government hire a good tax advisor you can probably buy gold offshore or create a charity or who knows what else.

 

[Alfrankenstein]

mrsv said:
Most report to fatca and the ones that doesn't might steal your money. If you have a lot of money and want to hide your money from the US government hire a good tax advisor you can probably buy gold offshore or create a charity or who knows what else.
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But could a good tax advisor actually do it? Why would you assume that if an offshore bank who doesnt report to fatca will steal my money? Buy gold offshore or charity? Please explain...

 

[troubled soul]

Ethics is subjective in finance and offshore world....One country's criminal , May be Angle for some another country....Better to look after your self interest rather than involving in meaningless ethics debates.....I believe regardless of country everything everywhere is a shitshow behind the scenes, always has been, always will be