Category Archives: Bank india

5 Comments

  1. Apko branch me jana hoga or sath ek form ko fill kor ke submit koro ge to branch se instantly atm apko mile ga , 48 hours time lage ga atm activate hone ke liye , thank you 🤗

  2. I was so confused until seeing your video. Thank you so much darling. Keep up the good work.

  3. @singlah My advice would be to open a credit union account not to cancel with Chase. We cancelled our credit cards and paid them off fully because they wouldn't work with us in reducing the interest rate which was well over 21%. Cancelling Chase was a personal decision we hate that bank. We found out about BECU Boeing Credit Union and never looked back purchased over 5 brand new vehicles a house a condo for our kids and savings plans for our grand children. We just paid off my 2014 Toyota FJ Cruiser in June with an interest rate of 2.4% just ahead of paying off our house in 2012 with BECU.

  4. If you aren't thinking about a plan like the legal & accounting department at a large multi-national corporation, you are probably doing it wrong. I mean you need to worry (from an American perspective) about IP issues regarding transfers of any IP assets to a foreign company under the new rules surrounding GILTI which are designed to make it hard to expatriate a trademark, patent, copyright, or goodwill of a business. You have to look at the impacts of the offshore jurisdiction where the company is headquartered on GILTI liability now and give years from now when the rates become more punitive. You have to examine merchant account processors that will work with a given jurisdiction. You have to examine banks for the jurisdiction where the company is headquartered. You need to look at international double tax treaties with your primary market to see what jurisdictions can benefit you and how to possibly use multiple jurisdictions to get money out of a primary market without withholding and to your headquarters without a withholding from the jurisdiction you use to get money out of your primary market. You need to examine relationships potentially amongst multiple countries to make sure you can access markets other than the jurisdiction for your primary market. I say this because in this day and age most people going offshore I would assume have a business which is somewhat location independent thanks to the Internet. You need to examine payroll taxes in those various countries and local labor costs. You need to examine transfer pricing rules and controlled foreign corporation rules for jurisdictions where you may actually live, or with the trifecta approach you suggest you may need to make sure you can move between location a) b) or c) in a given time frame to avoid triggering tax residence in an undesirable location for you personally, or plan around that ever becoming an issue. Figuring out how to get company accounts is important, but so to are personal accounts for the places you want to live, which likely means residence permits are an issue too. I mean if you want to go to one jurisdiction and live in that jurisdiction and bank in that jurisdiction it may be easier, but if you want your company in one jurisdiction and you in other jurisdictions it becomes harder. If you want those two things and access to a specific target market without withholding issues regarding your customers from a given jurisdiction it is something else entirely. I mean if your target market is the US for your app or your SaaS and you want to get money out of the US without withholding taxes, that is going to take a lot of planning and probably multiple jurisdictions. You are going to be reading double tax treaties and local laws. You are also going to be looking at payment processors like a Stripe or a PayPal for jurisdictions that they freely work with and you will be looking at merchant account providers likely including high risk merchant account companies. On top of those logistics challenges you will also be looking for banks that will take your business in the approriate jurisdictions and nothing about any of this should ever seem cookie cutter to anyone. There may be solutions that are cookie cutter for certain scenarios, but a solution for a SaaS company is not going to look like a solution for an FBA company or a company that is manufacturing physical products where navigating tariffs may also become a significant issue beyond labor costs and tax implications. Let's not even get into transfer pricing and using a wholesaler to warehouse to export from the point of manufacturer take profits and resell to the import market.

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