Terrible. You're stepping into the territory of highly paid tax consultants due to a mountain of regulations which are unevenly enforced. You will be slammed by GILTI and FATCA and more.
US citizens involved with foreign businesses must file various reporting forms, including Form 5471 and Form 926 (foreign corporations), Form 8865 (foreign partnerships), Form 8858 (foreign limited liability companies), Form 3520 and Form 3520-A (foreign trusts), and FBAR.
Form 8832 enables a foreign limited liability company to elect to be classified as a corporation, partnership, or disregarded entity for US tax purposes.
Failure to timely file a required reporting form can subject a US citizen to significant civil and criminal penalties.
Wild. Have you personally experienced this?
I've done a bunch of research but haven't heard an actual experience of it being painful and what it truly cost them in $. I'm debating taking US citizenship but may return to Canada someday.
These algorithms are still suboptimal because they do not account for the spacing effect at all. But doing something is still better than nothing when it comes to learning.
Yup and their CMA is better than the big 4 banks offerings. Get HYSA equivalent rates but just use it like normal checking, not having to shuffle stuff around like with Citi or BoA
Fidelity isn't a bank, but they sure act a lot like a bank with the CMA account. Arguably enough like a bank that it will work as a bank for most people.
Other brokerages do the same sorts of things, Fidelity isn't alone in this. Schwab went a different way and decided to just buy a bank. Instead of like the BOA/Chase versions, where they bought a brokerage.
At this point I don't trust it if it doesn't at least explictly claim to be made with borosilicates. There are such suspicious items for sale on Amazon and I trust them more than "pyrex."
“Combining two usage modes based on Insolight’s optical micro-tracking technology, these modules focus light on high-efficiency solar cells,” Insolight said in a press release. “When aligned, the optical system can generate energy (E-MODE), but it is also possible to unalign it to ‘leak’ the light (MLT-MODE). The solar modules therefore act like a ‘smart’ shade adjusting the amount of light they let through.”
This makes it possible to optimize the photosynthesis of plants during the seasons and reduce the negative impact of high summer heat on the yields and quality of agricultural products, while recovering the rest of the light in the form of electricity. Starting from July, the panels will be tested for four years on a 165-square-meter surface area. They will replace protective plastic tunnels on strawberries and raspberries.
“Dynamically adjusting the light transmitted to the plants paves the way for increased protection from climate variations and possible increases in crop yields thanks to the matching of the light to the needs of the plants and the lowering of the temperature during heat waves via the shading effect,” said Bastien Christ, head of the berries and medicinal plants group at Agroscope.
The logistics of trying to plant, maintain and harvest crops underneath a bunch of solar panels while also needing to deal with the subsequent issues of uneven runoff of water from rain make it seem impractical. Just cover parking lots, malls and supermarkets with them, we have plenty of those, and they're closer to where the electricity is needed than agricultural land.
Regardless of your opinion on this subject, agrivoltaics projects are being installed today at an increasing rate, and they’re going well, from what I’ve read. It’s not some theoretical proposal, it’s happening now. It’s likely that solar panels will be installed both in parking lots and over farmland.
You can make up whatever you like, saying "seems". Facts are better.
The fact is that agrivoltaics has been very successful, for reasons you probably would not guess in a wholesale void of facts. Looking up the facts, you could actually learn something.
Well, when i see solar panels atop every mall and commercial building, when every home has a solar roof, then i'll entertain chopping down wilderness or sacrificing farmland to the cause. I still see plent of bare rooftop to address first.
The home roofs are going to be done off the more expensive solar installations ($/kW) that we can build because they’re so small.
It’s also fascinating how quickly the Nirvana fallacy shows up when it’s time to talk about renewables. Supposedly chopping down forests for solar (which isn’t the main way of getting land) or the farmers choosing to put something on their land is top of mind. But chop those forests to make something else, or have the farmers grow super subsidized corn and there isn’t a peep.
I'm looking at a legal agreement on my desk to lease 120 acres of productive eastern Nebraska farmland to build a commercial scale solar project. The land would be taken out of production ("sacrificed") for the 50 year lease, with payments about twice what the land leases for for agriculture (soybeans).
It is very common. Farming is hard, margins slim at best. And farmers are given great leeway in how they may make money from land. Regulation is lax. Many fields have been turned from the production of food to the production of electricity, while countless factory rooftops sit covered only in tar and asphalt.
That's not needed, just have gaps between the panels so they provide partial shade. Many food crops can't tolerate "full sun" well, and will grow perfectly fine even with partial illumination.
Currently about half of the gas in Germany comes through pipelines from Norway, the other half is mostly from the the Netherlands and Belgium (which I think import a lot of LNG to ship to Germany).
Russia - is now (thanks to Germany) one of the top exporters of LNG.
With some creative accounting (rewriting labels) of where the oil/gas/lng came from (Russia) -> even India is now a Net exporter of oil.
Please note that LNG is even more environmentally damaging than burning coal.
Australia is a big exporter of LNG...they even need to liquify it to use it themselves (where gas is available is often too far away from where people are to use just pipelines).
US citizens involved with foreign businesses must file various reporting forms, including Form 5471 and Form 926 (foreign corporations), Form 8865 (foreign partnerships), Form 8858 (foreign limited liability companies), Form 3520 and Form 3520-A (foreign trusts), and FBAR. Form 8832 enables a foreign limited liability company to elect to be classified as a corporation, partnership, or disregarded entity for US tax purposes. Failure to timely file a required reporting form can subject a US citizen to significant civil and criminal penalties.