News for hackers. Stuff that matters.

A comment on No Fixed Address Bank Account. Parent comment

Re:No Fixed Address Bank Account by sandworm101 on Sunday May 08, 2022 @07:51AM (#31303218)
Because just letting people pick where they want to be taxed/sued/regulated doesnt work. Laws change from one place to another. Where you live matters to which laws apply to you. Where your bank account lives matters to which laws apply to it. Would you rent a london appartment to someone if you might have to sue them in Quebec should they fail to pay rent?
[ Parent | on HN ]
Re:No Fixed Address Bank Account by Avamander on Sunday May 08, 2022 @08:01AM (#31303275)
I don't think OP necessarily meant what they said on an international scale.

The first step would be to avoid the requirement when in the same city, state or country. To the extent possible, if there are legal reasons, maybe those should be reviewed. There are options for sure.

[ Parent | on HN ]
Re:No Fixed Address Bank Account by literallycancer on Sunday May 08, 2022 @08:44PM (#31309368)
Why would you have to sue them in Quebec? Legal persons work exactly like this. And they are able to rent stuff just fine, last time I checked.
[ Parent | on HN ]