How is the dinar going to be taxed?
How I discovered how it’s going to be taxed, I went back through some of my tax records and one of the project I had was Brazil.
It was actually a very significant amount of currency I brought back and I looked to see how I was taxed and it was ordinary income…
It was a big chunk and that is the way they taxed it.
I’m NOT a tax guy alright…
It’s different in each state on how you can set things up and how you categorize things and how you can spend it…
So you get the gist. Ordinary income is going to be across the board in the entire country.
