Quote:
Originally Posted by pangolin
I didnt know it had got that shitty over there nowadays if this is how it is then
MQG
It leaves only 1 viable option if you want privacy its a 3 stage process....
1 Move country
2 Get new citizenship
3 Tell Uncle Sam where to stick your US citizenship
Oh yeah and not go back on US soil
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Seriously - that is basically what it means pangolin - specifically rescind US citizenship. As long as that exists where is an obligatory annual filing requirement.
Got lawyers in the next office who are doing exactly that for US folks who want citizenship of other countries. It's not exactly an instant process - they are managing the process for clients and this appears to take up to five years to complete.
But... once done, they can do what the hell they like and conduct their biz affairs in any form/jurisdiction they want and usually have eg a holding corp in a zero or low tax juridiction to kill all or the majority of taxation - and they can retain complete privacy.