US Treasury finalizes tax anti-evasion rules, enforcement ahead

January 17, 2013 by  
Filed under Economy

Jan 17 (Reuters) – The United States published final rules on Thursday for a new global tax enforcement regime targeting the assets of U.S. taxpayers abroad.

The U.S. Treasury announcement finishes the rule-writing process for the Foreign Account Tax Compliance Act, or FATCA, which Congress passed in March 2010. The final rules were expected this month after delays last year.

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$5-bn US bonds seized from TN stock broker

January 2, 2013 by  
Filed under Economy

The Income Tax department is bewildered by its massive haul of US Treasury bonds from a Coimbatore stock broker, estimated to be worth Rs 28,000 crore or around $5 billion.

The broker’s house and office were searched following a tip-off from the Financial Intelligence Unit, sources said, adding that they are trying to figure out how such a large amount of US bonds were available with one person.

“The tip-off came from the branch of a foreign bank in Chennai and the bonds seem genuine,” a government source said. The papers are still being verified, he added.

If corroborated, the amount would nearly equal the total black money seized in two years. Tax experts are, however, sceptical about the possibility of an Indian citizen holding such bonds in India as they cannot be converted into rupees or traded here.

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US attempts to divert attention from US-led wars: Paul Craig Roberts

January 1, 2013 by  
Filed under Americas

Although Washington has struck a rudimentary deal regarding the “fiscal cliff”, the real issues plaguing America are not being addressed, a former Assistant Secretary of the US Treasury tells Press TV.

This comes as the White House and congressional Republicans have reached an agreement on Monday to avert the so-called fiscal cliff of tax hikes and spending cuts, while US Treasury Secretary Timothy Geithner said on December 27 that “the country hit its debt ceiling.” America’s debt currently stands at over USD 16 trillion.

Press TV has conducted an interview with Paul Craig Roberts, former Assistant Secretary of the US Treasury, from Florida, to further discuss the issue.

WAR ON SYRIA; US Treasury Grants TERRORISM LICENSE To Obama Connected SSG For Funding & Arming NATO’s Free Syrian Army Terrorists; SSG Lead By Ex NATO Advisor

October 2, 2012 by  
Filed under Americas, Featured, World

*ADDENDUM:  The link below is a MUST SEE INTERVIEW and follow up companion article:

2012.10.2 WAR ON SYRIA; BBC Interviews Brian Sayers, SSG’s Lobbyist For Terrorism Tries To Sell War As Peace; EPIC FAIL!! (deadlinelive.info):

http://deadlinelive.info/2012/10/02/war-on-syria-bbc-interviews-brian-sayers-ssgs-lobbyist-for-terrorism-tries-to-sell-war-as-peace-epic-fail/

 

On July 23, 2012 the US Treasury Department’s “Office Of Foreign Assets Control” issued a “License” to the Syrian Support Group Inc. (SSG) allowing this group to bypass laws and Executive Orders which restrict trade with Syria, including funding and arming NATO’s Free Syrian Army (FSA).

SSG’s so called “License” is akin to the old “Letter Of Marque” which turned Pirates into Privateers, or in modern terminology it’s simply a TERRORISM LICENSE. SSG can continue to fund NATO’s FSA terrorists until their TERRORISM LICENSE expires on July 31, 2014.

The idea that this is actually a TERRORISM LICENSE is supported by the following…
As of August 31, 2012 the SSG must provide monthly reports to the US State Department’s “Office Of Terrorism Finance & Economic Sanction Policy”.  I think the name speaks for itself.

I wanted to keep this short, but the following info must be noted…

The response to the “Application” for the TERRORISM LICENSE was sent to SSG c/o Asbahi Law Group, to the attention of Mazen Asbahi. Chicago lawyer Mazen Asbahi was appointed Director of Muslim & Arab American Outreach by the 2008 Obama Campaign but he had to resign when it was discovered he’d been on the board of a Islamic investment fund that also included an alleged Hamas fundraiser. The Hamas link is fairly weak, but the Obama link cannot be ignored. Are we supposed to believe that the only corporation granted a “License” to funnel millions of dollars directly to NATO’s FSA terrorists just happens to have an Obama connection?? Are we supposed to believe in coincidence theories????

Now we can’t leave out Brian Sayers, SSG’s Director Of Government Relations (ie, lobbyist)…

Brian Sayers has quite the career, ex NATO Advisor, ex Defense Operations Division at the US State Department, very impressive. Now Mr. Sayers is lobbying to fund NATO’s Free Syrian Army (FSA), which admittedly includes foreign Al Qaeda and Mujahideen terrorists, all via the US Treasury Department’s TERRORISM LICENSE, and requiring progress reports back to his old friends at the State Department’s “Office Of Terrorism Finance & Economic Sanction Policy”.

But maybe someone can help me with this part… I don’t understand how Mr. Sayers could graduate from university and immediately become Managing Director of a corporation… is that even possible? Also, is it possible to become Managing Director of a corporation that doesn’t exist? Perhaps my tracking skills are lacking, but if anyone can find “Private Digital Limited Corporation” please add a comment below.

The name sounds like a spook operation to me… I’m just saying, no proof.

 

 

jbroku