Re: U.S. Gov't Looks for poss Americans/S.Bear/Tra
Hi Silverbear, Trades,
Boy, this is all new to me !!!!
I can certainly see this point:
"why the IRS has suddenly decided to enforce this law, which is aimed at money-launderers with offshore bank accounts."
The drug crap is "out of control in the US".
They talk about medical costs, I wonder how much of that is "drug rehabilitation" !!!!
I did think that "If you made money in the US" that you were obligated to pay US taxes (on that money), no matter what your citizenship or country of residence. I could be wrong.
I cite the US Corp. issue. They seem to be able to move money overseas and avoid taxes. Now, maybe they do pay US taxes when earned (on US sales), then move it overseas and avoid further taxes on interest or what ever after. But again, I really don't understand it all !!!
Thanks, Lee