Dubai gold tax free
June 4, 2010 by
Filed under gold investment
New USA tax reporting rules on foreign gold will ensure more investment dollars leave the USA to the middle east. I should have posted sooner when I sold my gold a few weeks ago. But I wanted you to see this BEFORE you buy any Gold as a hedge against inflation. It’s FDRs Executive Order 6102 (NEW DEAL) circa 1933 done via taxes Obama style instead of making Gold in the USA illegal to own they will take (TAX) ALL of its intrinsic value to oblivion. Pre 2001 gold prices could be seen again soon simply by the taxation on all non USA gold coins —- using this as a catalyst to strengthen the dollar. A Master plan really!! People would never turn in their Gold to the Government the way FRD had the sheepeople do in the 30s. In 2009 its stolen in the form of taxes. See the fact of the matter this order was put into effect as a way to capture and destroy illegal tax havens (Red herring) Most investors own gold with a lower premiums this is why investors didnt buy USA gold in the first place. Krugerrands and the Maple leafs have a 10-20 dollar premium where say all the USA Gold coins have a face value of 50 dollars, and most coin dealer get at least that much of a premium ABOVE gold spot price. Even all USA silver minted coins are included, even the older American mixed metal coins, old FDR dimes, silver quarters ect totaling over 1000 dollars. You get taxed! Lets see, you were taxed say 23% of your income that you have to buy gold at say $1000 per oz So you want some Gold. The …
lol
then the us stands alone in the Netherlands it is and in must of the rest world.How ever if you sell more then 20.000 euro in gold the will note-fie the government
No it s not only if it s Used!!!
hot reporter
what are bollocks? i have been heard that phrase alot.
they got all the oil now they got all the gold,
and they support terrorist., they are the most conflicted ppl on the planet.
my bollocks are tax free
copper is always tax free
no its not… platinum is tax free
Gold is not tax free. When you make a profit from selling gold, you must report it on your tax return and pay income taxes on the gains and if you buy gold from American retailers you pay sales tax on it, either from a coin retailer or a jeweler.
no its not… silver is tax free
gold is always tax free
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Have A Blessed Day