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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Lhn5 who wrote (31781)	10/25/2004 5:49:49 PM
From: Taikun	Read Replies (3) \| Respond to of 39344

Larry, I suppose if you don't want to file a tax return that is fine as well, but I don't expect to get far using ignorance as an excuse with the taxman. To begin, American Eagles are exempt from filing. Anyway, if you are booking a profit on your gold transactions why would you assume (a) you don't have to report the gains on the gold appreciation and (b) that you don't have to report transactions? If you're not going to report there are safer ways to skirt the law. Jersey, in the Channel Islands, where GoldMoney keeps their gold, will disclose before, say, Luxembourg, in the event of US pressure. Jersey has an MOU with the SEC to exchange information: jerseyfsc.org On the left click on International, then International Cooperation. David