7:21 AM PT Already Blessed wrote
JUST GOT WORD TO WATCH FOR A TON OF MISLEADING
ARTICLES COMING OUT :) :)) BRING IT ON!
Already Blessed wrote - I ACTUALLY AGREE THAT THERE
SHOULD BE NO TAXES ON A CURRENCY EXCHANGE.............
Sunday, December 28, 2014
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According to THE UNITED STATES, INC. and the INTERNAL REVENUE SERVICE, INC. you have a Profit if you have ANY GAIN which is Fully Taxable!!!
When was it that you had a LOSS when you exchanged for the Foreign Currency?
At that time they would NOT consider it to be a LOSS for you to Claim ANYTHING on your Return, most likely because it was NOT in Federal Reserve Notes!
It is like the 1099 form you get each year for if your were to play the stock market, and the only thing reported on it is the SELL of the stocks, so you had 100% GAIN, and therefore to clear that and report the Official GAINS or LOSSES you have to file a Tax Return or else they ASSUME it is 100% GAINS and file that Return for you!!!
When will the Government Officials be required to pay the Income Tax for the Exchange, or are they EXEMPT on this as well?
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