Look Who it Was Random video

The Invisible Prison

2,941 views · Published 26 May 2010 · 5:36 · Indexed 5 October 2026

Channel: Davinci Jeremie · 2010 · Education

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No one can deposit a foreign check in an American Bank account.
http://www.youtube.com/watch?v=3eLO5wRMFvI

If you are rich there is no escape!  
http://www.irs.gov/businesses/small/international/article/0,,id=97245,00.html
From what I can tell, if a person pays less in taxes
than $124,000 a year or have less than $2 million in the bank, as long
as the IRS' reporting requirements are followed one would be safe from
taxes starting for the first year that citizenship is not held.

All credit card transactions are sent to the IRS to help with 1099s you for got to do. :)  LOL
http://www.marketwatch.com/story/firms-fume-over-new-irs-reporting-rule-for-credit-card-sales


1099s you need to do in 2012.
http://www.naturalnews.com/028854_1099_small_business.html


Exchange controls 
If you have a bank account in another country that bank must take 30% of what was withdrawn and send it to the IRS.
And if you have a foreign brokerage account the broker could get in a lot of trouble with the USA and so can you because it's now ILLEGAL.

America is done like diner and Americans just got forked.
:)
No worries it will happen to everyone else as well eventually.

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