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Post by Ssmith Mon Jan 16, 2023 3:59 pm

Question:
Is the exchange going to be taxed?

Oh, yeah!  Have you ever made a capital gains where you never had to pay tax on it?  Maybe on a different planet but not on Earth… if you exchange them inside of a year’s purchase you’ll be somewhere in the 40% tax range.  But if you hold it and you have capital gain after one year of holding it you’ll probably be in the 20% range.

Article:
In the document .. The Parliamentary Human Rights Committee calls on the Central Bank, the Ministry of Finance and the concerned authorities to reduce the price of the dollar

THE NEW EXCHANGE RATE AND THE NSCN’s WILL SUFFOCATE THE VALUE OF THE DOLLAR IN IRAQ.

Article:
“The dollar is declining in the Iraqi market

REMEMBER WHAT WE TOLD YOU NOW THAT THE IQD IS DEPEGGED, THE USD WILL FLUCTUATE CONSTANTLY… UNTIL THE IQD FLOATS.
Ssmith
Ssmith
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