The silence of the naysayers at IIF is absolutely stunning!
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Thread: Go crazy in here!!!
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11-10-2006, 02:45 AM #3151
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11-10-2006, 02:48 AM #3152
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"Consult an Accountant & a Tax Lawyer!"
No matter what is valid with capital gains / you will have to pay income tax . . . Any appreciation in value is taxed as *Income* . . . WHEN YOU CASH IT IN! . . .
To be sure . . . consult a fit & proper Tax Attorney & an Accountant . . . YOU'LL SOON BE ABLE TO AFFORD THE BEST" . . . AND DO THIS BEFORE YOU CASH IN . . .
In fact I believe there is a thread here from Adster titled . . . *Cashing-In* . . .
Best . . . RRLast edited by RollsRoyce; 11-10-2006 at 02:55 AM.
Φ Iligitimi Non Carborundum Φ....
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11-10-2006, 02:56 AM #3153
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11-10-2006, 03:12 AM #3154
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Suzie, are you planning on staying up all night? If so, I'll set my computer to wake me up if you use the word REVAL!! lol.
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11-10-2006, 03:13 AM #3155
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There are several.
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11-10-2006, 03:16 AM #3156
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11-10-2006, 03:24 AM #3157
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11-10-2006, 03:26 AM #3158
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Thank You Everyone !!!
If it was not for all of you out there, My day would have been shot to H***, if you know what I mean. You all just made it sooooo much better.
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11-10-2006, 03:28 AM #3159
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11-10-2006, 03:28 AM #3160
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Even if this thing does RV(and no telling at what rate, but that is for a different thread) we are not going to be able to go down to our local bank and cash in our Dinars. Article VIII has not passed yet and no telling when it will. If is does RV it has to be internationally traded to cash in unless you are in Iraq!
Articles of Agreement: Article VIII - General Obligations of Members
(a) Subject to the provisions of Article VII, Section 3(b) and Article XIV, Section 2, no member shall, without the approval of the Fund, impose restrictions on the making of payments and transfers for current international transactions.
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