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April 2019 Update - No Good News
#4
"People with foundations, Individual and Family, you will be fine as long as your funds are over seas. We did say all along that when you take funds home, you will be held responsible for them."

How can a person not take the funds home if they want to use the money? I don't want to live in Hong Kong just so I can use the money. And I wouldn't fly to the Hong Kong bank on a regular basis and then fly back to America with a big stash of cash, just to avoid using the debit card or making an online withdrawal. I didn't wait 20 years to have the money held in a bank and then never use it. I'm not so sure  that I'll be fine as long as the funds are overseas. I think the IRS would want to know if somebody has an offshore account in another country.
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Messages In This Thread
April 2019 Update - No Good News - by borneo - 19-04-2019, 07:38 AM
RE: April 2019 Update - No Good News - by Paris - 20-04-2019, 07:47 AM
RE: April 2019 Update - No Good News - by borneo - 23-04-2019, 01:34 PM
RE: April 2019 Update - No Good News - by Counselor - 25-04-2019, 05:41 AM
RE: April 2019 Update - No Good News - by Paris - 25-04-2019, 06:46 AM
RE: April 2019 Update - No Good News - by borneo - 25-04-2019, 08:00 AM
RE: April 2019 Update - No Good News - by Paris - 25-04-2019, 08:24 AM
RE: April 2019 Update - No Good News - by Paris - 30-04-2019, 07:41 AM
RE: April 2019 Update - No Good News - by borneo - 30-04-2019, 12:27 AM
RE: April 2019 Update - No Good News - by Paris - 30-04-2019, 07:38 AM

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