This week looks like it could be exciting
First of all we have the Iraqi Parliament back to work after another 10 day Recess
We have the Iraqi Prime Minister Maliki In US having a chat with US President Obama on the 12th Discussing Investments in Iraq.
On The !5th we have The UN Discussing the Iraqi/Kuwait Border issues which is Part of Chapter 7 Sanctions
We have US Army Progressing with their Departure from Iraq.
We have been hearing about a lot of Oil Contracts happening Exon/ Mobile,Shell(HCL)
Things are happening,I hope this Roller Coaster Will Be Over Real.Soon.
Just Remember there is no 100% Guaranttee an RV will ever happen.Only invest what you can afford to lose.
Bank employees,Forex employees,etec either don't know or won't tell you (because of Insider Trading Laws) Rate or Date.
This Week through till Jan /2012 In My Opinion Is Looking Good
Iraq has the 3rd largest Reserves of Oil in the world plus Natural Gas and other minerals.They are going a Very Rich Country and a leader in the Middle east.Just remember this is the Middle East.
I will post on here when the RV happens
Cash out
Sunday, December 11, 2011
Thursday, December 1, 2011
Whats Happening?Will it RV before 2012?Regarding the Iraqi Dinar for Canadians
According to The updates this morning VP Joe Biden met with Iraq PM Maliki and Iraq is now a full sovereign nation.Lets hope they get a Tradeable Currency soon.Maliki will be visiting Obama in Washington later this month.
The US Troops will be out before the end of Dec/11
Still no HCL passed in Parliament but could happen today,They vote on Draft Laws every Thursday in Iraq.
Stay tuned lets see what happens
I had this mailed to me ,I've heard this info from an accountant also,but not verified
Most accountants have little to no experience with currency traders, so you will need this Information which I recieved from Revenue Canada, and not a web site or another persons Interpetation. This is REVENUE CANADA talking, a real person.
Under Canadian tax laws we are subject to taxes under Regulation P4037, Section 17, paragraph 12-15. This directly relates to currency traders and tax Implications.
In basic English, its as follows: (Example only) You take your 1 million from selling your Dinars, divide by two. No tax on first $500,000 or 50%. From the second $500,000 Minus your Investment money, say $1000.00. then minus $200.00. The remainder you pay tax on based on your yearly tax rate.
I will try and confirm this
Cash out
The US Troops will be out before the end of Dec/11
Still no HCL passed in Parliament but could happen today,They vote on Draft Laws every Thursday in Iraq.
Stay tuned lets see what happens
I had this mailed to me ,I've heard this info from an accountant also,but not verified
Most accountants have little to no experience with currency traders, so you will need this Information which I recieved from Revenue Canada, and not a web site or another persons Interpetation. This is REVENUE CANADA talking, a real person.
Under Canadian tax laws we are subject to taxes under Regulation P4037, Section 17, paragraph 12-15. This directly relates to currency traders and tax Implications.
In basic English, its as follows: (Example only) You take your 1 million from selling your Dinars, divide by two. No tax on first $500,000 or 50%. From the second $500,000 Minus your Investment money, say $1000.00. then minus $200.00. The remainder you pay tax on based on your yearly tax rate.
I will try and confirm this
Cash out
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