Is this the kind of thing which has tax consequences?
Interesting thought experiment for a US expat setting up a local corporation: at what step in the process does FATCA actually come into play?
Interesting thought experiment for a US expat setting up a local corporation: at what step in the process does FATCA actually come into play?
If you dont have a BANK ACCOUNT and with national currency or securities in it, then there is no FATCA
Hm if that wasnt clear, stablecoins/crypto are exempt. Several stablecoins are FDIC insured according to the issuer. Form a US company just to access the international banking system and put a title on rent and pay for a github account. Let your international company just use crypto.
FBAR requirements are separate and distinct from FATCA.