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income taxes owed after cash in

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Post by Swayzee Sun Sep 10, 2017 9:50 pm

What can we do now to minimize our income tax later when we cash in after the RV?    This is my first day here as a member, so if this has been thoroughly discussed... sorry, and maybe someone can tell me where to find the info in the archives.  THANK YOU!

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Post by Ponee Sun Sep 10, 2017 10:01 pm

Welcome Swayzee! 


 Glad to have you here.  If you want to find certain topics, just go to the top and click on the SEARCH, type in the key word or key words you are looking for and you will get a list of posts.  Not all will be what you are looking for, but you can sift through them.  


Here is what came up for TAXES in the search  https://www.dinardaily.net/search?mode=searchbox&search_keywords=taxes&show_results=topics   There are 2 pages worth.  You can go to the 2nd page at the bottom. 


Unfortunately, I don't think you have to worry about paying taxes on your dinar anytime soon. 


Last edited by Ponee on Sun Sep 10, 2017 10:34 pm; edited 1 time in total

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Post by roxy22222222 Sun Sep 10, 2017 10:34 pm

Welcome Swayzee! :spring1:
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Post by RamblerNash Sun Sep 10, 2017 10:55 pm

Welcome Swayzee!


Everybody's tax situation is different and they should seek the advise of a tax professional, and not from any of the Currency Gurus on the internet. Those Gurus are not licensed and one has a permanent injunction against them regarding taxes.


In Dinarland, is has been said over and over not to mention that you have Dinar, Dong, ZIM, etc when you talk to these professionals or when talking to the banks. There is a reason for that...
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Post by Sam I Am Mon Sep 11, 2017 12:33 am

Unfortunately, I don't think you have to worry about paying taxes on your dinar anytime soon. 

And today's understatement of the day award goes toooooo ..... PONEE!!!

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Post by Ethel Biscuit Mon Sep 11, 2017 2:38 am

Hi Swayzee!

I don't think you need to worry about taxes on cash in. What you definitely SHOULD be worrying about is -  have you got the right papers for the magic pink flying elephant?

Do you need import documentation? Do you need a licence to keep it? Will you need to construct a purpose-built enclosure for it? Do you have to report it to your local authorities? What are your emergency plans if it escapes?

Hope this helps.

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