How do I...... (finance related)

Printable View

11-03-2004, 06:08 PM
Superstar Punani

How do I...... (finance related)

This message has self destructed
[/mission impossible theme]

Thanks :D
11-03-2004, 06:11 PM
optics

Quote:

Originally Posted by Punani

Swiss bank accounts not feasible since they charge USD$50/month minimum to maintain accounts.

Seems pretty reasonable if the chunk really is obscene.

Bank of America charges me that much every month just for thinking about my acct.
11-03-2004, 06:13 PM
13

Funny, I was just wondering the same thing today. :D
11-03-2004, 06:14 PM
eldereldo

If $50 USD/month is to much, then you aren't hiding an obscene chunk of change ;)

If you are serious then talk to a good tax accountant/lawyer as the evidence of a 'legal' method is as important as the method itself. I don't know what exactly the penalty in the US are if the IRS discovers an a hidden, taxable chunk, but in Canada the penaltys start at multiples of the money and go up to jail time from there.
11-03-2004, 06:16 PM
Superstar Punani

Quote:

Originally Posted by eldereldo

If $50 USD/month is to much, then you aren't hiding an obscene chunk of change ;)

If you are serious then talk to a good tax accountant/lawyer as the evidence of a 'legal' method is as important as the method itself. I don't know what exactly the penalty in the US are if the IRS discovers an a hidden, taxable chunk, but in Canada the penaltys start at multiples of the money and go up to jail time from there.

Whooops, the initial set up fee ranges from like $700-a few thousand....the $50 a month is what they charge just to send you statements :D
11-03-2004, 06:20 PM
optics

Quote:

Originally Posted by Punani

Whooops, the initial set up fee ranges from like $700-a few thousand....the $50 a month is what they charge just to send you statements :D

In that case, may I suggest a little country by the name of mattress.
11-03-2004, 06:22 PM
powpig

How 'bout a mattress?

Edit:

Guess I'm too slow!
11-03-2004, 06:25 PM
Barnballs

ask Dick Chaney.

or Tom Cruise...I think he busted some Cayman Is. folks during his law internship.
11-03-2004, 06:35 PM
mr_gyptian

Hawala- Hindi word for "trust," the informal money exchange system has been used extensively by poor Muslim emigres from Africa and the Middle East. With streamlined payments, no interest, and relative anonymity