Friday, May 16, 2014

INTEL FOR U

  [Poppy3]   THERE IS NOW STRONG WORDS THAT MALIKI IS OUT AND MANY ARE MANEUVERING TO POSITION FOR A GREATER IRAQ WITH NEW LEADERSHIP.   I JUST HOPE THEY MAKE BETTER CHOICES THIS TIME THAN BEFORE...

[phase2] 8 pm 5/15 posted copy from Okie's site on TNT - included a chart I did not copy, just found his comments interesting: Ive done some snooping through the forex today and found you can actually see when trades at the new rates have happened. the IQD has been traded for the GBP (pound) at over 2 pounds

[phase2] The rest of it: per dinar. This also applies to the VND showing trades around $0.70 per VND. Seems like we are really almost there. D

phase2] Found this in TNT - Too good to not pass along: The Illegitimate Revenue Agency (IRS) has just announced that the Foreign Account Tax Compliance Act (FATCA) has been postponed from July 1, 2014 until January 1, 2016.

1 comment:

Anonymous said...

The following excerpt:
phase2] Found this in TNT - Too good to not pass along: The Illegitimate Revenue Agency (IRS) has just announced that the Foreign Account Tax Compliance Act (FATCA) has been postponed from July 1, 2014 until January 1, 2016.

This statement gives a false impression and is misleading in it's current content.
FATCA is implemented in stages. ..."The final regulations provided for a phased implementation of the
requirements of FATCA, beginning on January 1, 2014, and continuing through 2017..." Refer to: http://www.irs.gov/pub/irs-drop/n-13-43.pdf for details. This is a little complicated if you have assets overseas currently as parts of this regulation allow for grandfathering in and there are limits as to the asset amount effected. Recommendation: Do your diligence, this is a great place to start. In essence, it has NOT been postponed.