The article is informative. It seems the requirements are only for banks that have a presence in the US. I'm not sure if the bank I went to has a presence in the US. But I can see the Pakistani government simply giving…
Do you have any details about this? My impression was that the Pakistani government felt that requiring US based people to report details of foreign accounts was a way to gather intelligence about other countries, and…
From what I have heard, the issue isn't paying taxes, but filing them. Do you not have to file even if your income is below $127K? As in you need to file and disclose everything, but won't owe any taxes? The burden I…
>Their American status can make them untouchable by many banks. Many foreign banks do not want American account holders. This is an understatement. Some years ago, I was a citizen of Pakistan and had a green card in the…
The article is informative. It seems the requirements are only for banks that have a presence in the US. I'm not sure if the bank I went to has a presence in the US. But I can see the Pakistani government simply giving…
Do you have any details about this? My impression was that the Pakistani government felt that requiring US based people to report details of foreign accounts was a way to gather intelligence about other countries, and…
From what I have heard, the issue isn't paying taxes, but filing them. Do you not have to file even if your income is below $127K? As in you need to file and disclose everything, but won't owe any taxes? The burden I…
>Their American status can make them untouchable by many banks. Many foreign banks do not want American account holders. This is an understatement. Some years ago, I was a citizen of Pakistan and had a green card in the…