Transfering funds internationally
A company seeks for me to transfer funds overseas as an Independent Contractor. Through this how would you file taxes and ensure the company pay the necessary taxes for this. Is there any business information I should acquire from them to make them legally responsible. Is it legal to accept funds one party and transfer to another outside the U.S.A?
Asked on 6/10/08, 7:42 pm
2 Answers from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
Re: Transfering funds internationally
Your biggest problem won't be taxes - it'll be losing every penny in your bank account from this old, obvious scam.
Answered on 6/10/08, 7:56 pm
Thuong-Tri Nguyen
Thuong-Tri Legal Services, PLLC
It's likely a scam
In case you did not understand the other answer, you likely are facing a scam.
The scam goes like this: a stranger gives you a check, money order, or cashier check for a large amont of money. You deposit the instrument into your personal account. For your troubles, you keep some large amount. You send the balance to the stranger's foreign account by wire. Weeks or months later, your bank tells you the instrument is forged and you must pay the bank all the money, including the sum you wired.
It's a very common scam. Search for "Nigerian scam" for more information.
Answered on 6/10/08, 9:37 pm
Related Questions & Answers
-
Company Name If a company I have worked for has changed their name from Bla Bla... Asked 6/06/08, 3:39 pm in United States Georgia Business Law
-
Small Claims I had done some work for a contractor on a residential house for which... Asked 5/22/08, 10:31 am in United States Georgia Business Law
