On Nov 4, 11:39 pm, Gaar <[EMAIL PROTECTED]> wrote: > Yes, Tourism is their main Industry... > > But you can Trade Stocks from anywhere in the World. > > And with a 5% Capital Gain rate, I will be keeping much more of my > profit there than I would if I stayed.
Think again braniac... I'll quote directly from the IRS Website, and I'll remind you this was put in place under Bush Jr.: "The interest of the IRS, however, extends to accounts anywhere in the world. Consequently, the IRS reminds you to report your worldwide income on your U.S. tax return. If you are a U.S. citizen or resident alien, you must report income from all sources within and outside of the U.S. Additionally, if you are a U.S. citizen or resident alien, the rules for filing income, estate and gift tax returns and for paying estimated tax are generally the same whether you are living in the U.S. or abroad. Not reporting income from foreign sources may be a crime. The IRS and its international partners are pursuing those who hide income or assets offshore to evade taxes. Specially trained IRS examiners focus on aggressive international tax planning, including the abusive use of entities and structures established in foreign jurisdictions. The goal is to ensure U.S. citizens and residents are accurately reporting their income and paying the correct tax". http://www.irs.gov/businesses/article/0,,id=180946,00.html > On Nov 4, 7:36 pm, PhreedomPhan <[EMAIL PROTECTED]> wrote: > > > I'd go to San Marino if I could. I think they have two industries, > > postage stamps and ice cream. lol...Gaar, the ice cream vendor. Tastes great, but it's extremely bad for your health. Gaar also wrote: > I'll be offering to take any members of the Family who would like to go... lol... They have ice cream there! You're no different than the lil liberal babies that threatened to leave if Bush Jr. got elected. Try being a man for once, that tactic doesn't play very well. --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
