IQD

In the case of currency, like the Iraqi Dinar (IQD), the currency was purchased at a price between $1.00 per thousand Dinar and $1.50 per thousand dinar.  The potential after Re-Valuation (RV) is that the value of each $25.00 of investment could easily become $25,000.00 to $100,000.00 depending on whether it RVs at $1.00 or $4.00.

This would normally mean that someone is going to be required to pay 35% capital gains on the difference between $25.00 and as much as $100,000.00.

This is a lot of money!

If you do not take the right measures before you receive the money, then you will have to pay the tax.  The only way that you can legally bypass this tax, once the Dinar has revalued or you have received your financial windfall is through another entity that is available to you that costs considerably more than a trust, and is more complicated to operate.

So, What can I do?


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