A Federal Reserve bank survey has found that lending standards are showing signs of loosening. Getting approval for a new charge card is more likely now than it’s been within the last three years. Banks are offering more liberal lending standards to
smaller businesses than they have in four years. Tight small company lending
has been a heavy weight on the United States of America economy as it fights
to climb out of the last recession. However, until demand for small business
loans resumes, some experts say that more liberal lending standards will do
little to ease the pain.
I would go with the lower tax liability. I am not familiar with austrailian tax laws, but from what i understand about US tax laws im thinking you would be better off useing the austrailian bank account.
Terry Price CPA
tax resolution
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