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#22882 - 04/19/09 12:26 PM US Registered Company Having Foreign Bank Account
Anonymous
Unregistered


Hi there,
I was wondering if it's legal under US laws to allow a US registered company doing business worldwide but also to having a foreign bank account in some obscure tiny country?

Currently doing multi-million dollar business with them but it seems a bit strange to me to wire money to an account that's doesnt have a US address.

Not sure if I should go to the IRS to report this. I'm not American and not versed on US Tax law etc.

Thanks for all your help.

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#22883 - 04/19/09 12:58 PM Re: US Registered Company Having Foreign Bank Account [Re: Anonymous]
The editor Administrator Offline
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Registered: 07/25/08
Posts: 4422
Having bank accounts in foreign countries is not illegal.

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