Sunday, January 02, 2022 12:38:12 PM
T/A would need to do it snd that would cost big money. And the IRS would be all over it as a gift. Go over $10k and you’d need to file the gift as income.
Only way I’ve found is you’d have to get a Canadian tax iD
E-trade won’t take your American number to open a Canadian account.
And I’ve investigated creating a Living trust up there. Their tax law would slaughter you in taxes. A Canadian trust actually pays more in taxes. And I mean just to get a Canadian tax ID to open an account.
Only way is to fund a Canadian citizen and let them buy and hold for you. You dictate the trades and then refund his tax exposure if you made major bank. Then you got an issue getting your money out of Canada into your US account.
The Canadian can always fund your crypto account? $$ transfers instantly. But not sure that even works. Can’t see how it can’t so long as you have WiFi, you can be anywhere on Earth. Gone are the days of wearing a money belt to the Bahamas
I’ve given up on ALKN. Synergy has better plays. LP&HM, BD&CM.
I’m not even going to bite into any of his DE shells till they are out of that States lazy hands.
But someone got $1.50 worth of .0003 stock. 53m float is a .05+ stock all day long. Not bad to make $250
Who wouldn’t want a crack at these .000 stock
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