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BobTheTaxMan with thoughts on the RV and taxes
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BobTheTaxMan with thoughts on the RV and taxes
BobTheTaxMan
...people ask me all the time what is the best way to be able to deal with this event [the dinar rv] in the very near future?...The primary thing I want everyone to understand is the taxation on this particular currency...falls under specific regulations that is separate from ordinary investment returns...this particular currency is being handled and looked at as a non-compliant exotic situation. Therefore it doesn't get to have the tributes that are required to have to make it a long term capital gain. So anyone who is still caught up in that particular idea that this is going to be treated this way needs to understand it's not...
09.23.2019
...people ask me all the time what is the best way to be able to deal with this event [the dinar rv] in the very near future?...The primary thing I want everyone to understand is the taxation on this particular currency...falls under specific regulations that is separate from ordinary investment returns...this particular currency is being handled and looked at as a non-compliant exotic situation. Therefore it doesn't get to have the tributes that are required to have to make it a long term capital gain. So anyone who is still caught up in that particular idea that this is going to be treated this way needs to understand it's not...
09.23.2019
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