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| Investing in Brazil | |
Topic: For all Yanks with bank accounts in Brasil |
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spongebob
Gringoes.com Guru
Joined: 18 June 2007 Location: New Zealand Online Status: Offline Posts: 2730 |
![]() Posted: 13 March 2012 at 23:29 |
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Espirit.... are you Scottish? If not.... Irish? Those accents always get me!
ErrrrHeemmm.. I pay a lot of taxes in Brasil. The LAST place I want to pay a lot of taxes is to another country. The "unfortunate" part is that the US sets the standard and the other countries sit back, watch, and adopt parts of US legislation that helps them. When I saw the infromation from the Brazilian Central Bank, I can CLEARLY see their quarterly filing requirements are not made for me, but rather for large companies that can make the Real go to 1:1 with the dollar and break Brazil. So I'm 100% (no exaggeration) in support of the BCB. |
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** Just sayin' ** ** Make lemonaid out of lemons. ** ** Trolls get old...** |
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Gringo.Floripa
Gringoes.com Guru
Joined: 17 June 2010 Location: Brazil Online Status: Offline Posts: 4515 |
![]() Posted: 15 March 2012 at 09:28 |
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Me thinks Esprit sleeps on a mattress stuffed with notas cem! |
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I might bark, but I don't bite.
(trolls, sock puppets, Brasil-bashers, and "Joined:Today" persons too lazy to use the Search function excluded; cry babies too) |
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Gringo.Floripa
Gringoes.com Guru
Joined: 17 June 2010 Location: Brazil Online Status: Offline Posts: 4515 |
![]() Posted: 15 March 2012 at 09:49 |
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Just so that new readers of this post are not confused, submitting an FBAR does not result in paying any taxes. Yet. |
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I might bark, but I don't bite.
(trolls, sock puppets, Brasil-bashers, and "Joined:Today" persons too lazy to use the Search function excluded; cry babies too) |
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spongebob
Gringoes.com Guru
Joined: 18 June 2007 Location: New Zealand Online Status: Offline Posts: 2730 |
![]() Posted: 15 March 2012 at 10:27 |
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Yep, your right. But we live in Brazil so what business is it of the US to know our lives in Brazil? Geeez louise.. I left that place because I felt the US Government was too intrusive. As soon as it cools down, I'm going back to the consulate to pay $450 to be free of this "praga" and never have to worry/think about that place again. Too bad I can't sell it to some uninformed Mexican or Brazilian. |
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** Just sayin' ** ** Make lemonaid out of lemons. ** ** Trolls get old...** |
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Esprit
Gringoes.com Guru
Joined: 28 January 2010 Location: Brazil Online Status: Offline Posts: 2369 |
![]() Posted: 15 March 2012 at 11:04 |
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Having recently upgraded my computer [now electric as opposed to steam] I feel a little cheated given that your software can somehow detect accents from the written word; impressive.
However it should be borne in mind that not all of us organize our financial affairs in a naïve manner by keeping our wealth on a pedestal in full view. Me thinks Esprit sleeps on a mattress stuffed with notas cem! Given the toll taken by inflation and the ferocious appetite of bed bugs, I have long given up on mattress stuffing. Incidentally, I understand that a geek was commissioned to calculate the time taken for Bill Gates to parachute from his bed should he stack his wealth under the mattress. Seemingly it would take him eighteen minutes to hit the bedroom floor; no doubt diamond encrusted Italian marble.
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Esprit
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Gringo.Floripa
Gringoes.com Guru
Joined: 17 June 2010 Location: Brazil Online Status: Offline Posts: 4515 |
![]() Posted: 18 July 2012 at 11:09 |
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I might bark, but I don't bite.
(trolls, sock puppets, Brasil-bashers, and "Joined:Today" persons too lazy to use the Search function excluded; cry babies too) |
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floripasurfer
Senior Member
Joined: 07 June 2006 Location: United States Online Status: Offline Posts: 122 |
![]() Posted: 19 July 2012 at 16:14 |
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GF did you see the speculation regarding Romney's offshore accounts and FBAR filing which he did not release yet with the 2010 taxes?
Romney FBAR Edited by floripasurfer - 19 July 2012 at 16:19 |
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agri2001
Senior Member
Joined: 28 June 2009 Location: Brazil Online Status: Offline Posts: 767 |
![]() Posted: 19 July 2012 at 16:33 |
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Interesting article.
Wonder how Mitt is going to lie his way out of this mess that he`s in. |
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Athiests are moral, they don't kill over religion.
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floripasurfer
Senior Member
Joined: 07 June 2006 Location: United States Online Status: Offline Posts: 122 |
![]() Posted: 19 July 2012 at 16:50 |
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yeah he is being slick on his offshore accounts and has been caught on incomplete filings/inconsistencies before ... when he filed his FEC form in 2007 from his failed presidential run in 2008 he listed a UBS account but didn't list that it was actually a Swiss account. Since UBS also has US accounts unless a person specifies that their UBS account was actually a Swiss account the assumption is that it is a US bank account. Since this was actually a Swiss account he ended up having to amend the filing to specify that it was a Swiss bank account.
UBS Swiss account amended filing see paragraph from this article: "Romney also decided to amend the report from his 2007 run for president, a decision first reported by the New York Times. That form identified a UBS money market account, but did not clarify that it was held by his wife's trust. UBS has branches in the United States, so it would not have been readily apparent that the account was in Switzerland. Those who track the finances of presidential candidates said they found the failures to disclose these key financial details distressing." Edited by floripasurfer - 19 July 2012 at 16:58 |
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Esprit
Gringoes.com Guru
Joined: 28 January 2010 Location: Brazil Online Status: Offline Posts: 2369 |
![]() Posted: 19 July 2012 at 18:02 |
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Guess what, Romney is both clever
and rich and the embodiment of the American Dream. He has everything his ego
needs with exception to a climactically glorious achievement in a life’s work:
the Presidency. Should he win the election, he may well sit back in glory and
preen, or set his sights on a higher goal in order to burn his name into the
history books – who knows what a [crazy by definition] Mormon could do! It remains the eternal fascination
how America picks its candidates from a pool of three-hundred million or so.
Surely the incumbent, Obama, and Romney are not the best that can be offered by
such a great nation? Perhaps they are in the context of media scrutiny that
picks through everything in a person’s life including trashcans and gusset sniffing.
What normal, sane and capable person would submit their lives to a confessional
box with microphone broadcasting to the world; let he who is without sin offer
himself. Show me someone who hasn’t sinned and I’ll show you a liar or a freak.
Romney’s business endeavours have
reaped financial rewards beyond the common man’s aspirations and he, Romney, in
common with the rest of us doesn’t want to pay any more tax than he needs. We,
on the other hand, need to expand our narrow depth of field focus far beyond that
place where the corrupt media agenda does our thinking for us. Of course that
won’t happen so let the band play as countless millions of dollars pay for the
grand illusion to entertain the delusional collective idiot – would you like
fries with that? |
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Esprit
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