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re: 77,000 different foreign banks in 70 countries reporting to IRS now

Posted on 6/4/14 at 6:08 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124424 posts
Posted on 6/4/14 at 6:08 pm to
quote:

That supposed to impress me?


T n M, I have zero interest in impressing you.

You made an utterly stupid assertion regarding overseas accounts. Completely utterly stupid. Worse still, you'd claim this is in your wheelhouse.

If you intended the extrapolation to include overseas investments, business, unclaimed income etc., the assertion would be different. I'd guess that's what you meant. You've given no basis of support for the guess though.

The statement "stashed" in a bank is ridiculous in terms of IRS ramification.
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 6/4/14 at 6:12 pm to
I wish these banks would all do a "information blizzard" and send data / paperwork for every tiny aspect of the business.

"Here is 1 million Terabytes of information (times 77,000). all of the info you require is in there. Now, GFY. We have complied in excess of what you 'requested'. "
This post was edited on 6/4/14 at 6:13 pm
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 6/4/14 at 6:12 pm to
You're being stupid again trying to impress I suppose.

I don't generally humor intentional stupid of people who are bored.

Not making an exception for you.

Like I said, if you have an intelligent question, you can ask it.
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