The Government’s SUPER MINING TAX explained (VIA THE “BEER ECONOMY” ) – FOR THE AVERAGE BLOKE . . . .
(Sent to me via email earlier this week, too good not to share) Suppose that every day, ten men go out for a couple of beers and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this; The first four men (the […]
Asset Protection – FATCA Requirements
The Foreign Account Tax Compliance Act, or FATCA, will require all foreign financial institutions or FFI’s to enter into information disclosure agreements with the IRS. A FFI is any non-U.S. entity that accepts monetary deposits, holds financial assets for the accounts of others, or participates in the business of investing or trading securities, commodities, partnerships, […]
