Thread: Iraq/Dinar News. 09/05 to 01/14/07

Not to sound stupid, but would you need to hire a tax attorney if you planned on paying your taxes and if so why?

Originally Posted by bigred52

When depositing over 10,000 cash a form is filled out for the IRS and also assuming Homeland security is notified. Depositing 9999.99 will NOT
necessarily slip by with no attention as it could be considered suspicous
if done on a regularly basis. It would be wise to hire an attorney and have
him hire a tax attorney (client privilege between the two attorneys not
you and a tax attorney. ME ? i am going to pay my taxes with a smile.

A tax attorney or CPA could advise strategies to lessen the tax bite. The
" advice " was addressed to the people who seemed like they were trying to
figured an angle to cheat. ME i will set up family trusts (owning appreciating assets ) with the income distributed to the members that will
last long after i am gone. I DON"T MESS WITH THE IRS.

Thats what I thought you were headed for in your comment........Saving on to high of taxes.

Originally Posted by bigred52

A tax attorney or CPA could advise strategies to lessen the tax bite. The
" advice " was addressed to the people who seemed like they were trying to
figured an angle to cheat. ME i will set up family trusts (owning appreciating assets ) with the income distributed to the members that will
last long after i am gone. I DON"T MESS WITH THE IRS.

didn't cbi update about this time yesterday?

Nice......


ICI approval The Council of Ministers approved the draft of the International Covenant between Iraq and the United Nations
"The Council of Ministers during its regular sixth session on the draft of the International Covenant with Iraq and recommending commissioned Deputy Prime Minister Barham Salih follow-up work with the relevant agencies to mobilize international support and the success of the initiative and the launch of the International Covenant. To serve the Iraqi national vision in a reform the political, economic and security in the country"
Translated version of http://www.iraqimedianet.net/article/Economy/3005/

Originally Posted by Adster

Nice......


ICI approval The Council of Ministers approved the draft of the International Covenant between Iraq and the United Nations
"The Council of Ministers during its regular sixth session on the draft of the International Covenant with Iraq and recommending commissioned Deputy Prime Minister Barham Salih follow-up work with the relevant agencies to mobilize international support and the success of the initiative and the launch of the International Covenant. To serve the Iraqi national vision in a reform the political, economic and security in the country"
Translated version of http://www.iraqimedianet.net/article/Economy/3005/

great find...the interesting part is the part about "the launch". One would assume before the 2007 budget is announced.

Originally Posted by jedi17

great find...the interesting part is the part about "the launch". One would assume before the 2007 budget is announced.

Exactly, fits in well with kitty D-E's find yesterday posted below. Expect the dinar to rise before 2007 and I don't mean by 1 or 2 points.


The dropping of the dollar caused by the low interest rates
04/12/2006

Source: Translated by IRAQdirectory.com

An Iraqi economic expert attributed the recent decline in the value of the dollar against the Iraqi dinar to the lowe interest rate. Dr. Taha Fakhri, member of the Iraqi Institute for developing the economy, said: "The decline in interest rates is the reason behind the slight decline in the dollar in governmental auctions and commercial transactions". He added: "This decline is also caused by the weak consumers demand on imported goods due to the deteriorating security situation, which compelled the State to finance some important deals".

He pointed out that: "The slight rise or decline of the dollar does not obstruct the growth or value of the dinar which is expected to become stronger than before with the introduction of the balance of 2007 and the strategic application of the new monetary policy announced by the government last year". He explained: "The decline will be reflected on the value of the precious metals whose prices will rise as a result of the fall in the dollar, which gives an opportunity for those who hold commercial transactions, such as automobiles and heavy equipment, to invest them". Fakhri said: in some cases the decline in the dollar rate is linked to America itself through the entry of imported goods and the exit of funds from it.

http://www.iraqdirectory.com/DisplayNews.aspx?id=2698

ok...now we can say that the cbi is posting rates later by about an hour...no update yet

Originally posted by Jedi17:

ok...now we can say that the cbi is posting rates later by about an hour...no update yet

Yep, and here I thought I'd just look at it before I went to bed...

CBI

I gotta get up early dang it.

So now off to bed I go for some good sleep...

So I can have a great day tommorrow.

With my luck it will reval fifteen minutes after I shut down my computer and I will be none the wiser.

Don't want to miss it happening, but if it does then all is good.

Young Iraqis develop a car to provide fuel in the stations
Hadi of the Secretary
Sulaymaniyah - (Voices of Iraq)


Some stations in Kurdistan using the innovation of a young man has developed electronic device to control the oil pumps in the fuel stations and cars, and the calculation of the price of fuel and the quantities shown on the digital screen.

He said young Kurdish Souran FATTAH Said (34 years old) News Agency (Voices of Iraq) Independent, "If I received assistance from the government of Kurdistan will be able to set up a factory to provide some electronic tools, and perhaps we can export certain types of these devices to the neighboring countries."
He added, "Microsoft technology equipment used as a fuel, where the reprogramming according to the required specifications."
Said added, "created 35 pieces of this body and distributed to local fuel stations which are used now."

Ahmed Yassin, said official Azmer petrol station in Sulaymaniyah, "which, in turn, used the Souran after it has been tested in a Havarsoleiman station Bakhtiar and proved effective."
Jalal Abdullah said the petrol station, "we are using the hydra, which, in turn, Souran because it proved its high quality" and said "meters imported from difficult repairs and provide tools provide."
Moussa said Mohamed Administration and professor of Economics at the University of Sulaymaniyah to the voices of Iraq, "I hope that Tmedhakomh province to help this young creative."
And continued, "I saw the body, which, in turn, Souran proximity, and I think this is a strategic project for the region, can the government and other relevant agencies to contribute to the development and turned into the nucleus of a large factory. "

Regarding the importance of the draft Souran said Dr. Khalid Haider of the University of Sulaymaniyah, "This project benefits Kurdistan scientifically and economically because he works to prevent leakage of the capital of the Kurdistan region to the outside because of the purchase of goods or repaired."

He added : "Souran deserves to be granted a certificate of appreciation from the high-level by the University of Sulaymaniyah."
Souran FATTAH junior high school graduates with nursing scientific inventions in other areas isolated by said "in addition to the hydra, manufactured mine detector, and a planning impulses to the heart of man. "

He pointed out that all of these devices have been tested and proven quality.
It is hoped to build a factory producing electronically and electronic goods and put them "top model Kurdish."

ßÑÏÓÊÇä-ÇÈÊßÇÑ :: Aswat al Iraq :: Aswat al Iraq


This is what I like, innovative and economic that's the future!!