Euro Pacific Bank EPB vs uphold.com

[Educate]

Why would US report?

Think about it logically...what does US GET from reporting non-us citizen funds being held in US banks?

They gain nothing.

Everyone is reporting to them already.

And while rest of world reports, US can become number 1 offshore, because of it not reporting.

So US gets all of this money from rest of world.

WIN-WIN.

If they started reporting people would stop keeping money there.

And nobody can force them to report. It makes no logical sense for them to do so.

 

[Martin Everson]

See response to the same point above you have now posted in three threads .

Non-US reportable accounts FATCA

I'm a non-US citizen and non-US resident. I have a personal checking account in a bank in the US on which I receive transfers from my customers for my freelance work. I want to know if my account will be reported back to my country under the FATCA agreement. I was reading the FATCA Model 1A...

www.offshorecorptalk.com

 

[Flatworld]

the email system of Uphold is hacked few month ago...I never use them since then~and I suggest other people do not use them...