Recent content by Quakespeare

Because an intellectual interest is not exclusively derived from necessity.

It's certainly not the basis for my setup, no. But in what way would there be reporting and from whom to whom?

Firstly, how would they know if Transferwise doesn't report a thing? Secondly, since I'm homeless, I'm not too bothered about personal income tax.

No, I consciously exluded all US customers.

Thank you for your reply. I do have an EIN, but haven't filed 5472. Does it make a difference that I only have a Transferwise account, so that no transactions were reported to the IRS?

I've had a sole proprietor, foreign owned Delaware LLC with a Transferwise Borderless account for a year now and haven't submitted anything other than paying the regular annual franchise tax. I've now been told that there may well be several forms that I would have to have submitted. Is there...

Well, Transferwise Borderless is a valid solution - for now. You can have an account in EUR, USD and many more currencies, and they're currently not participating in any exchange of information. I doubt, however, that that will last.

Just to make it clear: I'm not asking about ways of opening a bank account remotely - while that would be great, I've given up hope on that. Though, as a side note, it's actually possible if you have a physical office in the US: Open a European bank account with HSBC and you'll be able to open a...

I'm OK with a personal visit.

Hi! I'm having trouble opening a US/non-CRS bank account for my Delaware LLC. All US banks that I checked seem to require a physical address within the US, which I lack. Is there any option, other than Transferwise, to open a US bank account, or any other reliable bank account that doesn't...