So I will become a Citizen of San Marino... No big deal.
On Nov 5, 7:58 am, studio <[EMAIL PROTECTED]> wrote: > 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. -~----------~----~----~----~------~----~------~--~---
