Iraqi Dinar Discussion Board

[Mr. Bill]

From what I have heard the tax only becomes due when one's currency is changed to US Dollars.

So if you could change to say Canadian dollars or another currency you liked or directly to gold/silver bought in IQD then no tax would be due.

However, before I tried anything like that I would engage a tax attorney to ensure that was the case.

Huge costs if one is incorrect in their thinking and plans.

If a good return results it almost seems worth taking the long term capital gain and moving on verses taking the risk of trying to be clever and then potentially destroying one's self down the road.