The books in CR are not suppose to have the bettors monies in Costa Rican banks.
You would have to go to the country where the book keeps your money and then bring it back to the US. You are required to report any cash over $10,000 when you come thru customs.
good luck finding a book to make these arrangments for you.
You would have to go to the country where the book keeps your money and then bring it back to the US. You are required to report any cash over $10,000 when you come thru customs.
good luck finding a book to make these arrangments for you.
what kind of amount are you thinking of journeyman?
1) supose the book agrees to give you a check for the amount that you can cash in a CR bank
2) you go to the bank and cash it, they don't have kazillion $ sitting in their offices, obviously they would be the target of thieves if they did such a thing
3) you go to the bank and cash it, hopefully you have a bodyguard because it would not surprise me in the least that someone would say "hey this guy has a check for $$$$$$$$$$$$ lets get him when he is leaving the bank", such a thing can happen either because a book employee OR bank employee is aware of what you are going to do
4) when you cash it, you fill a form for CR goverment bank autorities, this is suposed to prevent money laundering (yeah right), this form is mandatory for transactions of 10k and above
5) if you survive you get to the airport and end up in the states
6) chances are customs will not check anything (in over 30 trips, they haven't even asked me the time of the day and I am most definitively a foreigner so............you would have to be really unlucky)
7) get home with cash
1) supose the book agrees to give you a check for the amount that you can cash in a CR bank
2) you go to the bank and cash it, they don't have kazillion $ sitting in their offices, obviously they would be the target of thieves if they did such a thing
3) you go to the bank and cash it, hopefully you have a bodyguard because it would not surprise me in the least that someone would say "hey this guy has a check for $$$$$$$$$$$$ lets get him when he is leaving the bank", such a thing can happen either because a book employee OR bank employee is aware of what you are going to do
4) when you cash it, you fill a form for CR goverment bank autorities, this is suposed to prevent money laundering (yeah right), this form is mandatory for transactions of 10k and above
5) if you survive you get to the airport and end up in the states
6) chances are customs will not check anything (in over 30 trips, they haven't even asked me the time of the day and I am most definitively a foreigner so............you would have to be really unlucky)
7) get home with cash
I supose that at ABSOLUTE BEST SCENARIO and being a fantastic customer of this book you may get a check that you can cash at the country where the book is located. But local banks also have antilaundering money regulations (or they should).
If this is about 50k dollars for example PERHAPS you may want to go through three hundred loopholes and may be then you may still end up paying more in fees/etc than the taxes you would have originally paid.
I supose you COULD put money slowly into your neteller card and use it as a way to pay for your typical bills (say walmart, gas etc etc)
I can imagine ways in which you may get away with it, but require a third party and ........that means TRUSTING somebody so BETTER NOT DO IT
One thing is for sure, if I were American I would be scared shitless of breaking the rules, can you imagine having to pay 100k in lawyer fees to defend from Uncle Sam about a mere 10k tax offense?
One more thing, does your wife know about this? I am 100% sure that's a bigger problem than trying to hide from Uncle SamIf this is about 50k dollars for example PERHAPS you may want to go through three hundred loopholes and may be then you may still end up paying more in fees/etc than the taxes you would have originally paid.
I supose you COULD put money slowly into your neteller card and use it as a way to pay for your typical bills (say walmart, gas etc etc)
I can imagine ways in which you may get away with it, but require a third party and ........that means TRUSTING somebody so BETTER NOT DO IT
One thing is for sure, if I were American I would be scared shitless of breaking the rules, can you imagine having to pay 100k in lawyer fees to defend from Uncle Sam about a mere 10k tax offense?
How do you think the bills get paid in cr. does the book take CC, WU, most likely not settled in CR, so open an account offshore somewhere that has online internet banking and wiring instructions , they wire it to you and you do with it what you may.. Suggest anonymous offshore account under an IBC that accepts the money and then loans it to you, you collect it as a debt in the usa , decrease your taxes on the interest payment to the offshore company. call you accontant , it works.......
