I'm considering to open an account in the USA, since their banking system has many advantages for an Internet business (Being able to print my own US$ checks, some services are only available with a US account, etc.).
So far, I know I would have to get an ITIN (I'm a resident of Argentina) and send a W8-BEN form to the bank. The problem is: Is it true that all of my account information will be periodically informed to the IRS? Even if I don't do anything illegal? This is the confusing information I got so far: - I would have to pay a %30 tax (GLUP!). - If I open an account in a Delaware, Nevada or Washington bank I would only have to pay the federal income tax (%??). - I wouldn't have to pay any taxes unless I own a company in the US or Argentina because of the double taxation treaty. What are the inconvenients for an individual that doesn't yet own a company and wants to deposit his (few) web income into a US account? Am I obliged to to form a company? Thanks in advance for any information... Alexis Golzman http://alexisware.com --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
