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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (58783)	12/11/2009 6:02:08 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217573

<<DUEED ... did i read this correctly ? -g- i know i'm up early, might be seeing things !>> yes, i understand, but, also yes, DUEED is which i fear the most, for that is a no-win game, where all risks are punished, no caution rewarded, and even the supposed winning position, the never say sorry dollar, is just a wasting position, much like an out of the money option closing in on expiration date. in the mean time, just in in-tray, and bad news for all those americans who had the vision to engage with irish nationality, jumping from the boiling pot to the frying pan. my wager? soon enough we will see a bunch of ex-american ex-irish folks on freedom money rock hong kong: Yep, as much as there are a lot of unhappy traders in London this week, I suspect that there are a lot of rich Irish citizens who are royally pissed off this week..... You just know this global taxation concept is going to go viral in the coming years.... And I'm kinda surprised that the UK didn't immediately enact a tax law similar to that of FIRPTA in the US, which taxes the gains of any real estate within the country at 35% or so.....but I'm guessing that it is coming.... irishtimes.com SNIP: From Ireland’s Minister for Finance, Brian Lenihan’s Budget speech this week: For this reason we will introduce measures which will impose on all Irish nationals and domiciled individuals, whose worldwide income exceeds €1 million and whose Irish-located capital is greater than €5 million, a requirement to pay an Irish domicile levy of €200,000 per annum regardless of where they are tax resident. The full details will be set out in the Finance Bill.