yota691 Posted November 27, 2017 Report Share Posted November 27, 2017 Clarification of the US Tax Compliance Act (FATA) November 27, 2017 To Banks, Insurance Companies and Financial Transfer Companies (US VATA) . Click here 1 5 Quote Link to comment Share on other sites More sharing options...
yota691 Posted November 27, 2017 Author Report Share Posted November 27, 2017 From the PDF About Form 8966 | Internal Revenue Service - IRS.gov 3 4 Quote Link to comment Share on other sites More sharing options...
gregp Posted November 27, 2017 Report Share Posted November 27, 2017 They’re getting ready!! FYI: Here’s to your FATCA act Obummer. 7 Quote Link to comment Share on other sites More sharing options...
yota691 Posted November 27, 2017 Author Report Share Posted November 27, 2017 Foreign Account Tax Compliance Act The Foreign Account Tax Compliance Act (FATCA), which was passed as part of the HIRE Act, generally requires that foreign financial Institutions and certain other non-financial foreign entities report on the foreign assets held by their U.S. account holders or be subject to withholding on withhold able payments. The HIRE Act also contained legislation requiring U.S. persons to report, depending on the value, their foreign financial accounts and foreign assets. 2 3 11 Quote Link to comment Share on other sites More sharing options...
gregp Posted November 27, 2017 Report Share Posted November 27, 2017 2 minutes ago, yota691 said: Foreign Account Tax Compliance Act The Foreign Account Tax Compliance Act (FATCA), which was passed as part of the HIRE Act, generally requires that foreign financial Institutions and certain other non-financial foreign entities report on the foreign assets held by their U.S. account holders or be subject to withholding on withhold able payments. The HIRE Act also contained legislation requiring U.S. persons to report, depending on the value, their foreign financial accounts and foreign assets. Yota, I have been waiting for this to come out. I knew, once we saw this posted at the CBI, we would be getting close. Thanks. 2 2 10 Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted November 27, 2017 Report Share Posted November 27, 2017 This is getting good! 5 Quote Link to comment Share on other sites More sharing options...
Jaygo Posted November 27, 2017 Report Share Posted November 27, 2017 Me likey! 4 Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted November 27, 2017 Report Share Posted November 27, 2017 (edited) 57 minutes ago, gregp said: Yota, I have been waiting for this to come out. I knew, once we saw this posted at the CBI, we would be getting close. Thanks. Makes sense, Gregp! In in fact I might go dust off my dancing 👠 👠 Edited November 27, 2017 by NEPatriotsFan1 1 2 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted November 27, 2017 Report Share Posted November 27, 2017 Yota Thanks, DV, Excellent article and praying it is sooner than later. GO HCL GO 140 GO RV / RI 2 6 Quote Link to comment Share on other sites More sharing options...
jeepguy Posted November 27, 2017 Report Share Posted November 27, 2017 I look at the internal folks paper work , seems to say " bank account , bonds , " I guess any thing that will draw interest . So I suppose dinar will be at trade for taxation ,( when someone turns the cash back in ) 2 Quote Link to comment Share on other sites More sharing options...
Texstorm Posted November 27, 2017 Report Share Posted November 27, 2017 Good morning Yota ! & DV ! They can have the tax at this point just show me the money ! 1 9 Quote Link to comment Share on other sites More sharing options...
Rmc10 Posted November 27, 2017 Report Share Posted November 27, 2017 I am so hoping we are almost there. 1 Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted November 27, 2017 Report Share Posted November 27, 2017 4 hours ago, gregp said: Yota, I have been waiting for this to come out. I knew, once we saw this posted at the CBI, we would be getting close. Thanks. As much as I do hate the scoop involving around FATCA, it is a clear indication that we are getting close. But it freaking sucks that the "Tax Man" will be prepping up to get his darn share. Looking on the bright side of things of course, I'll be prepping up to celebrate with whiskey in hand. Yup. 1 2 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted November 27, 2017 Report Share Posted November 27, 2017 Tax man's always present sometimes on both ends lol but that's better for us who've been waiting seems like eons 1 3 Quote Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted November 27, 2017 Report Share Posted November 27, 2017 Not ALL countries have rolled over due to FACTA . . . Find the Offshore banking countries that have not as yet or will never allow themselves to be bent over by this Shakedown. There are a few out there. 1 4 Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted November 27, 2017 Report Share Posted November 27, 2017 5 minutes ago, Officiallytook said: Tax man's always present sometimes on both ends lol but that's better for us who've been waiting seems like eons Yup, indeed 5 minutes ago, 10 YEARS LATER said: Not ALL countries have rolled over due to FACTA . . . Find the Offshore banking countries that have not as yet or will never allow themselves to be bent over by this Shakedown. There are a few out there. Oh, I got that covered and somewhat figured out with big bro Adam. Yes sirrrrrr! 1 3 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted November 27, 2017 Report Share Posted November 27, 2017 1 hour ago, Freedomwish said: Yup, indeed Oh, I got that covered and somewhat figured out with big bro Adam. Yes sirrrrrr! Due tell oh due tell 1 Quote Link to comment Share on other sites More sharing options...
drj Posted November 27, 2017 Report Share Posted November 27, 2017 6 hours ago, gregp said: Yota, I have been waiting for this to come out. I knew, once we saw this posted at the CBI, we would be getting close. Thanks. This is HUGE! 3 1 Quote Link to comment Share on other sites More sharing options...
Rmc10 Posted November 27, 2017 Report Share Posted November 27, 2017 3 minutes ago, Officiallytook said: Due tell oh due tell You gotta get into VIP and OSI. 1 1 1 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted November 27, 2017 Report Share Posted November 27, 2017 6 minutes ago, Rmc10 said: You gotta get into VIP and OSI. Thanks buddy, but I don't see the point in putting that much cash out right now I would have joined a long while ago, just don't have it, as this was gifted to me by my recent father, the answers are out their if we know how to look. I found a small list of countries not likely to give into fatca, and I understand the concept behind VIP and osi, and can easily be done once I exchange on of these 25k notes before I do anything with the rest. Wish VIP would be limited open to join once this roller coaster stops maybe 3-7 days after no more, but that's higher hopes then this RVin tomorrow lol... good days to you and DVs though you guys have shared tons of knowledge I would have never thought even was out here until about 7+ years ago. 3 Quote Link to comment Share on other sites More sharing options...
Shedagal Posted November 27, 2017 Report Share Posted November 27, 2017 At the rate this is moving, i can see this happening before 2018. Maybe wishful thinking. 5 4 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted November 27, 2017 Report Share Posted November 27, 2017 Looks like the IRS knows many American citizens are going to make a lot of money with the dinar. Uncle Sam wants his share💰 Go DV Go VIP Go IBC Go OSI 4 7 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted November 27, 2017 Report Share Posted November 27, 2017 3 hours ago, Freedomwish said: Yup, indeed Oh, I got that covered and somewhat figured out with big bro Adam. Yes sirrrrrr! Right there with yaFreedomwish, VIP and OSI taken care of. Don’t forget my seat at the bar bro, VIP section please 1 Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted November 27, 2017 Report Share Posted November 27, 2017 2 hours ago, Rmc10 said: You gotta get into VIP and OSI. Boom! 2 hours ago, Shedagal said: At the rate this is moving, i can see this happening before 2018. Maybe wishful thinking. Keeping the FAAAAAAITH!!!! 1 hour ago, Laid Back said: Looks like the IRS knows many American citizens are going to make a lot of money with the dinar. Uncle Sam wants his share💰 Go DV Go VIP Go IBC Go OSI PREACH IT BROTHA' LAIDBACK, PREACH IT!!!! 21 minutes ago, Wiljor said: Right there with yaFreedomwish, VIP and OSI taken care of. Don’t forget my seat at the bar bro, VIP section please Oh, you already know between DThug, Sandfly, President Davis to be and myself that we all gonna' go freaking ballistic when this pops!! Name your poison when we get to meet up, I got you!! 1 1 Quote Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted November 28, 2017 Report Share Posted November 28, 2017 Some Important links to anti-FACTA countries. . . and US Dept. of the Treasury. http://nomadcapitalist.com/2014/05/26/anti-fatca-countries-giving-us-middle-finger/ http://non-fatca-banks.com http://www.iexpats.com/fatca-countries/ . . . AND from the US Dept. of the Treasury - - https://www.treasury.gov/resource-center/tax-policy/treaties/Pages/FATCA.aspx 1 2 Quote Link to comment Share on other sites More sharing options...
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