On New Year’s Day a few months ago, the United States Senate overrode a Presidential veto to pass sweeping new laws under the National Defense Authorization Act (NDAA), which some see as the Patriot Act’s financial counterpart.
That’s because inside the NDAA are new laws that dramatically reduce financial privacy for everybody… all in the name of fighting crime by a few.
In this short report, we’ll outline the changes most likely to affect our readers.
For example, if you have -- or plan to form -- an LLC or other kind of company (foreign or US-based)... or even if you simply like to invest in alternative asset classes in the US… then this is a must-read.
We’ll continue to watch for developments in the rules codifying these new laws, and for how they might affect your financial privacy and freedom.
Read more about this new law here.
That’s because inside the NDAA are new laws that dramatically reduce financial privacy for everybody… all in the name of fighting crime by a few.
In this short report, we’ll outline the changes most likely to affect our readers.
For example, if you have -- or plan to form -- an LLC or other kind of company (foreign or US-based)... or even if you simply like to invest in alternative asset classes in the US… then this is a must-read.
We’ll continue to watch for developments in the rules codifying these new laws, and for how they might affect your financial privacy and freedom.
Read more about this new law here.
On New Year’s Day a few months ago, the United States Senate overrode a Presidential veto to pass sweeping new laws under the National Defense Authorization Act (NDAA), which some see as the Patriot Act’s financial counterpart. That’s because inside the NDAA are new laws that dramatically reduce financial privacy for everybody… all in the…
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