Recent content by TacitusKilgore

Also true!

My point isn't that it's better to break the law in one jurisdiction compared to another. My point is that it's breaking the law regardless.

Yes, but then you're breaking the law in the first place.

Keep in mind the loan with your father-in-law will almost certainly reduce your borrowing capacity in Australia since the bank takes that into account as existing debt. As you're probably aware it's unlikely to be considered "income" since it's actually a loan and there is an agreement in place...

I think @Fazoule knows the acquisition and disposal values will be different, they just want to know whether they are missing out on any other pieces of the puzzle.

Yes you can do this, but take a step back and look at it from an accounting perspective. If the Bitcoin price doesn't change at all between Company A buying it and then disposing of it to Company B, then B will still be receiving that value for nothing unless it's a "loan" which should be...

They are not private companies. They are publicly listed.

Yes they will appear publicly on the website, like most filings with Companies House.

Shareholder info will still need to be filed with Companies House in the unlimited company's annual return.

You can use nominee shareholders yes, but if you're the indirect owner of more than 25% then no matter how many layers of "security" you use, you're a PSC and you need to disclose it to Companies House. Failure to do so is a breach of the Companies Act 2006 (UK).

No, the UK do not allow you to hide the UBO of a company.

Where would you open the bank account for your New Mexico LLC if it's anonymous?

If you set up your business as just a sole trader, then your information is going to be available online. That means your full name, and the postcode of ABN registration. If you incorporate an Australian company - let's call it John Smith Pty Ltd - there isn't going to be much online that I can...

@Skatas do you know what kind of KYC they have for new customers?

UK companies can have corporate directors (eg. Seychelles IBCs), but there needs to be at least one natural (real) person who is a director of the UK company.