Question: “Will tax be more on smaller amounts or bigger amounts?” It’s not based on the amount that you have. It’s based on your receipt and how long you have held your dinars…Do you have your receipt? ‘No, I lost it.’ You’re probably going to be in the 40% tax range. Do you have your receipt? ‘Yes.’ Have you held for more than a year? ‘No. 6 months.‘ You’ll probably in in the 40%…Have receipt? ‘Yes.’ Held longer than 1 year? ‘Yes.’ You’ll probably be in the 20%. [dinar guru Note: Some gurus feel the dinar will be taxed as capital gains as above. Other gurus feel, ordinary income. Ultimately, only the IRS’ opinion matters. At the appropriate time consult your tax experts to determine the right tax for your unique circumstances.]
