barnabyjones
Joined 2 years ago
Joined 2 years ago
>Some analysts said the move by the Dutch ministry resulted from a new rule issued by the US Bureau of Industry and Security, the agency responsible for export control policies. The rule, effective September 29, imposed new restrictions on entities which are at least 50 per cent owned by enterprises on the Entity List or the Military End-User List – two blacklists issued by the US government.
Only because of the immense wealth, freedom and culture brought by generations of struggle and tenacity. If it isn't defended, it can go away quickly, but the current generation probably won't bear the costs. I doubt that Europeans in the 22nd c. will enjoy such a comfortable life, though.
>"What's the tax treatment on crypto profits if I roll them into a Qualified Opportunity Zone investment?" I'd asked my accountant. His eyes had lit up—the first clue I was onto something interesting.
If you find yourself in the position of giving tax advice to your accountant, he's either a crummy accountant or playing you to get more fees. And it looks like the most rosy estimate was -$1.5m NPV to gain ~$1.1m ($8.7m x 0.32 x 0.4) in tax benefits? I can't see what the plan was.
> Mr. R's application stood out immediately...Our first Zoom call revealed a muscular man with a shaved head and a perpetually amused expression
It seems that everyone involved had dollar signs in their eyes. The cherry on top was moving to a country he knew nothing about for "lower taxes."
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