Re:Russia to legalize software piracy
by sschueller on Monday March 07, 2022 @07:38AM
(#30587027)
Really? Every time I want to open a bank account in Switzerland I am asked if I am an American citizen. I am not asked if I am a citizen of another country or any other specific place. I am only asked if I am an American citizen.
Are you asked if you are Swiss citizen when you open a bank account in America?
Per FATCA treaty you should be but that isn't happening because the mighty power the US holds over anyone dealing with USD. If a US bank doesn't share its Swiss tax cheats nothing happens. If a Swiss bank hides them they get taken to the cleaners and can loose to do business with USD which is a death blow for any bank.
Are you asked if you are Swiss citizen when you open a bank account in America?
Per FATCA treaty you should be but that isn't happening because the mighty power the US holds over anyone dealing with USD. If a US bank doesn't share its Swiss tax cheats nothing happens. If a Swiss bank hides them they get taken to the cleaners and can loose to do business with USD which is a death blow for any bank.