| Author |
Message |
   
Venkateswarlu
Comedian Username: Venkateswarlu
Post Number: 1028 Registered: 01-2010 Posted From: 99.191.241.241
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 29, 2010 - 01:27 pm: |
    |
Bakwaas news.. In this db, there's always someone watching you!!  |
   
Kamal
Hero Username: Kamal
Post Number: 12883 Registered: 08-2009 Posted From: 130.36.62.141
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 29, 2010 - 01:22 pm: |
    |
Ashton:US is going to charge 30% tax on all foreign banks (if you are going to transfer money to Indian banks)
confirm cheyyi babu .. life lo first time koddiga pampiddam anukunna .. thu jeevitam !!! "Each nation has an identity and destiny. As far as Bharat is concerned, Hindu is its identity and religion is its way of working" - Swami Vivekananda "Embracing Islam or Christianity would have meant going away from the cultural soil of India, which I do not wish to do." - Dr. B.R. Ambedkar |
   
Secondcup
Junior Artist Username: Secondcup
Post Number: 989 Registered: 02-2008 Posted From: 199.74.155.50
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 29, 2010 - 01:19 pm: |
    |
Ashton:US is going to charge 30% tax on all foreign banks (if you are going to transfer money to Indian banks)
So from now on can't we transfer money to India ? It's already tax pay chesina money kada. emiti edava gola.. can anyone confirm this , if they send money recently. |
   
Swayamkrushi
Junior Artist Username: Swayamkrushi
Post Number: 736 Registered: 05-2008 Posted From: 165.189.4.39
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 29, 2010 - 11:34 am: |
    |
Ashton:
WTF.... thu $^#$# |
   
Ashton
Side Hero Username: Ashton
Post Number: 3357 Registered: 05-2008 Posted From: 66.90.104.94
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 29, 2010 - 11:10 am: |
    |
US is going to charge 30% tax on all foreign banks (if you are going to transfer money to Indian banks) |
   
Ashton
Side Hero Username: Ashton
Post Number: 3356 Registered: 05-2008 Posted From: 66.90.104.94
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, March 29, 2010 - 11:09 am: |
    |
http://www.zerohedge.com/article/its-official-america-now-en forces-capital-controls "It couldn't have happened to a nicer country. On March 18, with very little pomp and circumstance, president Obama passed the most recent stimulus act, the $17.5 billion Hiring Incentives to Restore Employment Act (H.R. 2487), brilliantly goalseeked by the administration's millionaire cronies to abbreviate as HIRE. As it was merely the latest in an endless stream of acts destined to expand the government payroll to infinity, nobody cared about it, or actually read it. Because if anyone had read it, the act would have been known as the Capital Controls Act, as one of the lesser, but infinitely more important provisions on page 27, known as Offset Provisions - Subtitle A—Foreign Account Tax Compliance, institutes just that. In brief, the Provision requires that foreign banks not only withhold 30% of all outgoing capital flows (likely remitting the collection promptly back to the US Treasury) but also disclose the full details of non-exempt account-holders to the US and the IRS. And should this provision be deemed illegal by a given foreign nation's domestic laws (think Switzerland), well the foreign financial institution is required to close the account. It's the law. If you thought you could move your capital to the non-sequestration safety of non-US financial institutions, sorry you lose - the law now says so. Capital Controls are now here and are now fully enforced by the law. |