Thread: "Taxes", Anything Related To It In Here

Originally Posted by tiffany

YES!!! Given as a "Gift"! Hmmmm! I wonder if they would automatically just take the highest amount they can....

Awesome question Choochie! I hope someone knows the answer!

Yes, it wasn't much, definitely not the bulk of what I have, but some were given to me none the less, I would really like to know how that would be handled. Maybe "gift tax"? I am not sure.

Receipts, Gifts, Purchases, IC your points. But dont dig a whole. Remember it is not a crime to Avoid Taxes leagally. It is a major crime for Tax Avaition. Keep learning, the more you learn then less you will owe.

Originally Posted by neno

Receipts, Gifts, Purchases, IC your points. But dont dig a whole. Remember it is not a crime to Avoid Taxes leagally. It is a major crime for Tax Avaition. Keep learning, the more you learn then less you will owe.

Yes neno, that is why we have all talked about some sort of investment club. So that we have some way to "shelter" our new found wealth. But we will still have to pay tax on anything that we don't shelter, i.e. the money we use to pay of debt. I keep researching, but with so many different opinions, it is hard to weed out what you need to do personally. I definitely want to use my money to make more, as I want to secure my families future, but having never been faced with this kind of dilemma, it is a little scary.

hell...all of my dinar was given to me....by me.....lol.....wonder if they have something for that????....lol...GO DINARS...Pat

Originally Posted by tiffany

Smarty-Pants!

lol!

You obviously have me pegged, LOL!!

Originally Posted by danny51

You obviously have me pegged, LOL!!

Not yet...

I am no accountant but i believe we should cash it in slowly give it to parents who can children 10k/yr before taxes. Gift tax, i don't know what it is? Spend it on items of worth or invest it - i am sure once we have our money we can hire accountants normally out of our financial realms. I am quite sure that they will have some answers on how to circumvent our wonderful tax system. Remember we will be one of them soon and you get what you pay for, so we'll pay!

Originally Posted by choochie

Yes neno, that is why we have all talked about some sort of investment club. So that we have some way to "shelter" our new found wealth. But we will still have to pay tax on anything that we don't shelter, i.e. the money we use to pay of debt. I keep researching, but with so many different opinions, it is hard to weed out what you need to do personally. I definitely want to use my money to make more, as I want to secure my families future, but having never been faced with this kind of dilemma, it is a little scary.

I understand that. And it is a great Ideal. But there is all kinds of things that can be done.

Originally Posted by www.xealthy.com

I am no accountant but i believe we should cash it in slowly give it to parents who can children 10k/yr before taxes. Gift tax, i don't know what it is? Spend it on items of worth or invest it - i am sure once we have our money we can hire accountants normally out of our financial realms. I am quite sure that they will have some answers on how to circumvent our wonderful tax system. Remember we will be one of them soon and you get what you pay for, so we'll pay!

Yes, But make sure it is a Good Accountant. I have had some bad ones, and some I knew more thean them in my opinion. But Yes make sure they work for you. Like hiring a Attorney, they tell you what to do, "NO" this is what I need done!!! Can you handle it. hehe. It is your money they are working for.

neno,

Day 3 Tip 3
Listen to tip 3 here
http://DrDinar.com/Tip3-

This is the real deal folks. With the friendships you'll develop
with a gained knowledge of growth associated with Iraq, you too
can make a difference.

For those of you living outside of the United States this still
applies to you but I recommend calling your Government Tax Agency to
find out local laws on tax and fines for currency trade.

Dealers of the Iraq Banknotes who reside in the United States need
U.S. Treasury Registration when your sales volume reaches a certain
number, and this number is well under $1000 too.

Buying and holding for personal investment or collecting is
absolutely normal, no Government intervention. United States
Presidential Order #13303 allows Iraq Dinar to be purchases legally
for citizens.

I recall getting my U.S. Treasury Registration a couple weeks after
applying because I deal with the United States quite a bit. On the
envelope from the IRS (U.S. Treasury) I noticed on the top right
corner of the envelope a phrase that said:

'$300 fine', I've written that off as a scare tactic they use just
to get you to open the envelope. Tricky! There was in fact NO
fine. But, I assume there would be such fine if you don't do what
you are suppose to do.

Investing directly with Iraq with an account for personal use
requires absolutely no Government paperwork in the United States.
This is only for people buying and SELLING (dealers).

Thank you,
Darren Chabluk
http://DrDinar.com/report