Wirecard Bank terminates USD transactions - GoFuckYourself.com

DarkJedi · 04-20-2012, 07:33 AM

Quote:

We regret having to inform you that effective from April 25th 2012
outgoing USD payments will no longer be possible as they can no longer
be processed by Wirecard Bank AG.

Please note that the restriction does not apply for payments in other currencies
remitted from the USD account (e.g. EUR).

WTF?

sperbonzo · 04-20-2012, 07:36 AM

Quote:

Originally Posted by DarkJedi

WTF?

This is because of the very onerous tax reporting requirements that the US government has placed on any bank, business, or individual doing any kind of business with anyone in the US in any way. In about 3 years or so, US business and individuals will become the pariahs of the world in terms of any financial dealings.

When I post about the new FACTA laws that were put into place in 2010, nobody gave a crap...

.

DarkJedi · 04-20-2012, 08:09 AM

it's a German bank, what does it have to do with the US government and it's requirements ?

sperbonzo · 04-20-2012, 08:43 AM

Quote:

Originally Posted by DarkJedi

it's a German bank, what does it have to do with the US government and it's requirements ?

Study the FACTA act. It was passed in 2010. It requires all Foreign Financial Institutions (FFI's) that have any US depositors, or do business with any company that is 10% or more owned by a US person, to comply with a HUGE list of very onerous and expensive reporting and accounting procedures. It also requires any company that is 10% or more owned by a US person to do the same. If the companies or the FFI's that do business with any US person fail to comply, there are severe penalties of up to 30% of any US sourced income.

There are a lot of other aspects to FACTA that people just fucking ignored when it passed, but that bottom line is that, in an attempt to grab every bit of tax money it can, even from US people NOT living the US, the Feds are going to make US citizens, companies, or any US activity, unwelcome by any offshore bank or company. For instance, in its submission to Treasury on FATCA regulations, the Japanese Bankers Association stated: “In the event that the implementation of FATCA is not practically feasible for the Japanese financial services industry, it would result in substantial confusion in the industry and could ultimately lead the Japanese financial institutions to withdraw their investment from U.S. financial assets.”

This is going to be worldwide. I try to tell people about this, since banking is my thing, and they just don't seem to grasp the implications. Hell, one of the things that FACTA does is force US banks to report the interest accrued by foreign nationals with US accounts. It will drive away all foreign investment and make the biggest players in the US completely relocate outside the country and renounce their citizenship. Watch the "Brain Drain" and the "Cash Drain" start happening in reverse people.

.

.

sperbonzo · 04-20-2012, 08:47 AM

P.S. as we get closer and closer to Jan 2013, when this comes into full effect, watch virtually every Foreign bank STOP doing business with any US person or company.

.

sperbonzo · 04-20-2012, 11:53 AM

....and yet again.... no one reacts or seems to care....

*sigh*

.

signupdamnit · 04-20-2012, 11:57 AM

Quote:

Originally Posted by sperbonzo

P.S. as we get closer and closer to Jan 2013, when this comes into full effect, watch virtually every Foreign bank STOP doing business with any US person or company.

.

Please post some more details if you don't mind. That seems unrealistic to me. There is too much money in the US for it to be ignored.

moeloubani · 04-20-2012, 11:57 AM

i care and im fucking happy its about time the world said fuck you to the US after years and years of the US saying fuck you to the world

biggest economy but somehow no health care and still spending more per person on health care than the rest of the world, laws put in place by the rich, wars and more everything is just a fucking shamble there

pimpmaster9000 · 04-20-2012, 12:12 PM

Quote:

Originally Posted by sperbonzo

P.S. as we get closer and closer to Jan 2013, when this comes into full effect, watch virtually every Foreign bank STOP doing business with any US person or company.
.

Do you perhaps know if this will change anything for the worse with credit card processing? Specifically credit card processing for non-US webmasters with US customers? Thanks for any info

sperbonzo · 04-20-2012, 12:18 PM

Quote:

Originally Posted by signupdamnit

Please post some more details if you don't mind. That seems unrealistic to me. There is too much money in the US for it to be ignored.

Did you read the post above that one? I could go into PAGES of detail, but it's not hard to find out for yourself. Already the Japanese bank association is planning to pull out of any involvement with anything US related, and EU banks will start to follow.

Here is some cut and paste on another aspect of FACTA that I don't deal with as much:

FATCA will impact any U.S. borrower entering into a syndicated loan after Jan. 1, 2013 (or an earlier loan which is materially amended after that date). The loan will then become subject to 30% withholding tax on interest after Jan. 1 2014 and, more seriously still, 30% witholding tax on the principal after Jan. 1, 2015. The rules even apply to non-U.S. borrowers if they are classed as FFIs, so that interest and principal paid by such borrowers would become subject to ?passthru withholding tax? from 2017. This means that participating FFIs agree to withhold U.S. tax from payments to other non-participating FFIs ? even on arrangements that have no connection with the U.S.

The definition of an FFI is wide, encompassing banks, insurance companies, and most funds and capital market issuers, as well as group treasury companies who provide funding to non-group entities (e.g. trade finance). Subsequently, almost everyone will potentially be affected by FATCA. Further, the grandfathering date after which loans and debt securities become subject to FATCA is Jan. 1 2013, so there is very little time to digest the proposed regulations, and resolve the issues thrown up.

For CLOs, FATCA could be ?catastrophic,?? according to the LSTA?s Meredith Coffey. ?Existing CLOs would be required to provide information to the IRS on their U.S. accounts. However, because their notes and equity trade in the secondary market, the CLOs often don?t know who their U.S. accounts are. But if the CLO doesn?t provide the information to the IRS, it would be subject to a 30% withholding tax; this could be a ?tax event? for a CLO and could result in the liquidation of the CLO.?

Coffey goes on to say that FATCA is also problematic for the entire U.S. loan market, as there will be considerable reporting required any time a foreign lender is part of a U.S. bank group.

Key issues

On the surface, the simple solution would be to ensure all FFIs sign up to FATCA, but there is concern that FATCA?s reporting requirements would conflict with local data protection and other laws. Many European banks fear that EU data protection laws and other local law requirements prohibit them from signing up to FATCA, according to Clifford Chance.

Another key issue is how to approach FATCA risk ? namely the question of who assumes the risk that a lender is not an FFI, and is subsequently accountable for the 30% withholding tax.

In its March 23 newsletter, the LSTA highlights a recent CLE seminar, ?FATCA ? Are You Within its Reach??, presented by Stephen Fiamma of Allen & Overy and David Moldenhauer of Clifford Chance, in which the panelists discussed the issue of risk.

According to the newsletter, ?The panelists observed that the U.S. market has allocated FATCA risk entirely to lenders. Meanwhile Europe struggles to determine how to approach FATCA risk, particularly given that a draft FFI Agreement and the scope and content of potential intergovernmental agreements are not yet available.?

Under the current LMA documents, withholding by an agent is not envisaged, which could lead to disputes between borrowers, lenders and agent if a participating agent withholds U.S. tax from a payment to a non-participating lender.

Another issue concerns the point that while loans issued prior to January 2013 will be exempt from FATCA, any material amendments to those loans, including amendment/extension exercises, after January 2013 will mean they become subject to FATCA, potentially forcing U.S. borrowers to repay those loans by 2014 and FFI obligors by 2017.

?Whilst the aim of FATCA is laudable, the way it uses extra-territorial withholding taxes to coerce institutions to comply is disproportionate, and is creating uncertainty in the loan markets at a time when liquidity is at a premium,? according to Dan Neidle, partner at Clifford Chance. Clifford Chance?s most recent update note on FATCA can be found on its website.

sperbonzo · 04-20-2012, 12:22 PM

Quote:

Originally Posted by crucifissio

Do you perhaps know if this will change anything for the worse with credit card processing? Specifically credit card processing for non-US webmasters with US customers? Thanks for any info

It will be difficult to say. As long as you and your business are non-US related you should be ok, but it is potentially forseeable that FFI's will simply cut off all USD transactions in an effort to avoid FACTA liability. I would certainly be careful NOT to partner with any US webmasters in ownership of your company.

.

signupdamnit · 04-20-2012, 12:22 PM

Quote:

Originally Posted by moeloubani

i care and im fucking happy its about time the world said fuck you to the US after years and years of the US saying fuck you to the world

biggest economy but somehow no health care and still spending more per person on health care than the rest of the world, laws put in place by the rich, wars and more everything is just a fucking shamble there

The funny thing is the US seems to keep moving more right every year and no one sees it this way. If you asked most people in the US (and on this forum too) they would tell you that they honestly think the US is becoming Socialist. The US is in it's own little world and many of the people within have no idea what goes on elsewhere. For example they think their health care system is normal in developed nations and that it's normal for the top 20% to hold 90% of the wealth in the country. Despite this statistic you will have people who swear that the US is Socialist. In fact some of them will probably reply to this.

Barefootsies · 04-20-2012, 12:35 PM

Quote:

Originally Posted by signupdamnit

The funny thing is the US seems to keep moving more right every year and no one sees it this way. If you asked most people in the US (and on this forum too) they would tell you that they honestly think the US is becoming Socialist. The US is in it's own little world and many of the people within have no idea what goes on elsewhere. For example they think their health care system is normal in developed nations and that it's normal for the top 20% to hold 90% of the wealth in the country. Despite this statistic you will have people who swear that the US is Socialist. In fact some of them will probably reply to this.

I think "most" of these GFY/U.S. people you refer too don paper hats daily, and have absolutely no clue about what you speak. They barely have enough money to cover their bills every other pay week, and any left over goes to beer/drugs/video games.

In short, they do not have a pot to piss in. Nor a window to throw it out of.

signupdamnit · 04-20-2012, 12:39 PM

Quote:

Originally Posted by Barefootsies

I think "most" of these GFY/U.S. people you refer too don paper hats daily, and have absolutely no clue about what you speak. They barely have enough money to cover their bills every other pay week, and any left over goes to beer/drugs/video games.

In short, they do not have a pot to piss in. Nor a window to throw it out of.

Well I don't want to go into it too much because I don't think the thread was meant to be about this. But I think it has more to do with education and human nature than economic class. Like I said there are many people in the US who think it's increasingly becoming Socialist and they believe the U.S. health care system is the best and most efficient in the world. They really believe this.

Barefootsies · 04-20-2012, 01:14 PM

Quote:

Originally Posted by signupdamnit

Like I said there are many people in the US who think it's increasingly becoming Socialist and they believe the U.S. health care system is the best and most efficient in the world. They really believe this.

Ignorance is bliss.

Mutt · 04-20-2012, 01:21 PM

Quote:

Originally Posted by sperbonzo

If the companies or the FFI's that do business with any US person fail to comply, there are severe penalties of up to 30% of any US sourced income.

There are a lot of other aspects to FACTA that people just fucking ignored when it passed, but that bottom line is that, in an attempt to grab every bit of tax money it can, even from US people NOT living the US, the Feds are going to make US citizens, companies, or any US activity, unwelcome by any offshore bank or company. For instance, in its submission to Treasury on FATCA regulations, the Japanese Bankers Association stated: ?In the event that the implementation of FATCA is not practically feasible for the Japanese financial services industry, it would result in substantial confusion in the industry and could ultimately lead the Japanese financial institutions to withdraw their investment from U.S. financial assets.?

This is going to be worldwide. I try to tell people about this, since banking is my thing, and they just don't seem to grasp the implications. Hell, one of the things that FACTA does is force US banks to report the interest accrued by foreign nationals with US accounts. It will drive away all foreign investment and make the biggest players in the US completely relocate outside the country and renounce their citizenship. Watch the "Brain Drain" and the "Cash Drain" start happening in reverse people.

.

.

damn, talk about throwing out the baby with the bathwater.

Mutt · 04-20-2012, 01:23 PM

the only way for a company or individual to get out of the grasp of the IRS is to move offshore completely and renounce their American citizenship right? If you keep your American citizenship they will still keep hounding you.

u-Bob · 04-20-2012, 03:52 PM

Quote:

Originally Posted by Mutt

the only way for a company or individual to get out of the grasp of the IRS is to move offshore completely and renounce their American citizenship right?

they're not making it easy: https://gfy.com/showthread.php?t=1038921 (<-- FACTA related stuff)

sperbonzo · 04-21-2012, 12:41 PM

Quote:

Originally Posted by Mutt

the only way for a company or individual to get out of the grasp of the IRS is to move offshore completely and renounce their American citizenship right? If you keep your American citizenship they will still keep hounding you.

Not only that, when you renounce your US citizenship, they will take 50% of your assets on the way out. We are te only country in the world except Vietnam that is doing all this.

.

datatank · 04-21-2012, 01:23 PM

Quote:

Originally Posted by sperbonzo

Not only that, when you renounce your US citizenship, they will take 50% of your assets on the way out. We are te only country in the world except Vietnam that is doing all this.

.

What is that rule called? I have never heard of them taking 50% of ones assets if you give up citizenship.

How is that even possible to enforce?
I can wire everything to a new offshore account today and be done

Mutt · 04-21-2012, 01:29 PM

Quote:

Originally Posted by datatank

What is that rule called? I have never heard of them taking 50% of ones assets if you give up citizenship.

How is that even possible to enforce?
I can wire everything to a new offshore account today and be done

with FACTA you won't be allowed an offshore account anywhere. and if some foreign financial institution does give you one look at the penalties they face.

for those who believe in the one world government conspiracy, this act sure looks part of it.

jigg · 04-21-2012, 01:37 PM

Quote:

Originally Posted by Mutt

the only way for a company or individual to get out of the grasp of the IRS is to move offshore completely and renounce their American citizenship right? If you keep your American citizenship they will still keep hounding you.

US citizen, and I remember reading somewhere after 2007 anyone who's held a US green card for more than 6 months, have to pay taxes internationally on any sources of income, including property like houses. I believe it's 4% tax overall.

I've read on expat forums people renouncing their US citizenship and having a hard time getting the consulates to accept it, some have even had their passports mailed back to them.

sperbonzo · 04-21-2012, 01:57 PM

Quote:

Originally Posted by datatank

What is that rule called? I have never heard of them taking 50% of ones assets if you give up citizenship.

How is that even possible to enforce?
I can wire everything to a new offshore account today and be done

. At which point the US government would contact the bank and instruct them to freeze the account because of suspected international money laundering. They would do it and the government would come take it's cut.

pimpmaster9000 · 04-21-2012, 02:06 PM

Quote:

Originally Posted by Mutt

with FACTA you won't be allowed an offshore account anywhere. and if some foreign financial institution does give you one look at the penalties they face.

just like in my country...

theres a taste of the 3rd world for you

oh well welcome to the 3rd world I guess

you owe them...they own you

tony286 · 04-21-2012, 02:29 PM

Actually isnt it fatca ? Facta is a totally different thing

tony286 · 04-21-2012, 02:31 PM

I was right http://www.irs.gov/businesses/corpor...236667,00.html

u-Bob · 04-21-2012, 02:34 PM

Quote:

Originally Posted by tony286

Actually isnt it fatca ? Facta is a totally different thing

yep, you're right. FATCA as in Foreign Account Tax Compliance Act.

ACTA, the trade agreement to wipe out new innovative companies for the benefit of a few big corporations and silence opposition, is another ugly monster.

datatank · 04-21-2012, 02:42 PM

Quote:

Originally Posted by Mutt

with FACTA you won't be allowed an offshore account anywhere. and if some foreign financial institution does give you one look at the penalties they face.

for those who believe in the one world government conspiracy, this act sure looks part of it.

Us citizens will no longer be allowed accounts outside of the usa?

datatank · 04-21-2012, 02:43 PM

Quote:

Originally Posted by sperbonzo

. At which point the US government would contact the bank and instruct them to freeze the account because of suspected international money laundering. They would do it and the government would come take it's cut.

And you know this how?

Please show me a law that says that any us citizen who gives up his citizenship is subject to a 50% tax of all assets

SwirlsGirl · 04-21-2012, 02:57 PM

Quote:

Originally Posted by sperbonzo

P.S. as we get closer and closer to Jan 2013, when this comes into full effect, watch virtually every Foreign bank STOP doing business with any US person or company.

.

Hey thanks for sharing, also I do not believe in coincidences...and I think it is quite telling to have zombaio late on payments, ccbill flat sales, and verotel making that press release..all in the SAME WEEK..

Like you mention the typical gfy adult biz merchant is only an expert on trolling, bad humour, and high school insults....

The ones with foresight and intuition can read a news article (like the one I have linked below this sentence) and connect their own dots....

http://news.yahoo.com/dutch-governme...142333930.html

and see that something is *indeed* rotten in the state of denmark...no pun intended..

Its like sales have come to a complete grind, late payouts, processing account terminations without notice...

come on people there should be more than just a hand ful of awake people in the adult industry by willfully ignoring *REAL WORLD* facts and not keeping a breast of economic trends and global power relations you make adult biz merchants look like they deserve what they get from the banks and pseudo banks!

We have only stated this 3,000,000 times there needs to be a billing overhaul taken out of the hands of the central banks...

They profit the most from our work, and have total control over our industry and many others...you have to be innovative to make change in this world...the time has come for new billing ideas that are more beneficial to merchants and customers...the *innocent 3rd party financial organziations and middle men's time is coming to a swift end...that does nto mean that our time has to end with theirs.

MaDalton · 04-21-2012, 03:37 PM

i read this and then i understood it: http://www.spiegel.de/international/...803742,00.html

i dont support tax evasion but this sounds like a screwup

MaDalton · 04-21-2012, 03:39 PM

http://www.economist.com/node/21540270

Frank21 · 04-21-2012, 08:29 PM

Quote:

Originally Posted by signupdamnit

If you asked most people in the US (and on this forum too) they would tell you that they honestly think the US is becoming Socialist. The US is in it's own little world and many of the people within have no idea what goes on elsewhere. For example they think their health care system is normal in developed nations and that it's normal for the top 20% to hold 90% of the wealth in the country. Despite this statistic you will have people who swear that the US is Socialist. In fact some of them will probably reply to this.

The Wealth Distribution

In the United States, wealth is highly concentrated in a relatively few hands. As of 2007, the top 1% of households (the upper class) owned 34.6% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 50.5%, which means that just 20% of the people owned a remarkable 85%, leaving only 15% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth (total net worth minus the value of one's home), the top 1% of households had an even greater share: 42.7%. Table 1 and Figure 1 present further details drawn from the careful work of economist Edward N. Wolff at New York University (2010).
http://www2.ucsc.edu/whorulesamerica/power/wealth.html

usa is a socialist/totalitarian state in wording but only for the 99%. the 1% elites have loopholes and other stuff with will keep themself free people. But for the common man it will be a prison from where you can not escape their totalitarian scientific dictatorship.

Barry-xlovecam · 04-22-2012, 04:39 AM

This will create barriers to international trade and investment for USA citizens and this seems intentional to me ...

sperbonzo · 04-22-2012, 07:17 AM

Quote:

Originally Posted by datatank

And you know this how?

Please show me a law that says that any us citizen who gives up his citizenship is subject to a 50% tax of all assets

I know this because it's part of my business to keep abreast of these things. I believe it's IRC 877A. A result if the HEART act of 2008. Take a look

sperbonzo · 04-22-2012, 07:19 AM

...and yes. It's FATCA not FACTA. Sorry about that. I've been logging in with my IPhone.

.

sperbonzo · 04-23-2012, 06:46 AM

Quote:

Originally Posted by Barry-xlovecam

This will create barriers to international trade and investment for USA citizens and this seems intentional to me ...

It does to me also. Not good....

.

mrjoost · 04-23-2012, 08:03 AM

Hey everyone,

Just letting you know is that today we released new account
types to be fully compliant with the requirements of VISA and MC:

Check Verotel's homepage under Products and Pricing.

Especially MasterCard is very strict and fast-moving about its new
transparency rules - where merchants need to be registered under
their Payment Facilitator framework. Lucky enough we were able
to negotiate relative fair conditions - with as outcome the three
account types as listed on our website: Basic, Premium and Pro.

We are currently making these changes into our back end infrastructure.

In the next couple of weeks/months we will be contacting all our merchants
to make sure we have all the latest documents on file to register
with the CC companies.

Shortly after summer (September 15th) the new registration
requirements will go into effect globally – including with our
US competitors.

Kind regards,

Joost Zuurbier
Verotel Merchant Services BV

directfiesta · 04-23-2012, 09:39 AM

Quote:

Originally Posted by Mutt

the only way for a company or individual to get out of the grasp of the IRS is to move offshore completely and renounce their American citizenship right? If you keep your American citizenship they will still keep hounding you.

Yes, so actually there are way more US citizens renouncing the US citizenship :
http://blogs.wsj.com/hong-kong/2011/...e-and-through/

How to:

http://www.taxmeless.com/USCitizenRenounce.htm

sperbonzo · 04-23-2012, 01:33 PM

Quote:

Originally Posted by directfiesta

Yes, so actually there are way more US citizens renouncing the US citizenship :
http://blogs.wsj.com/hong-kong/2011/...e-and-through/

How to:

http://www.taxmeless.com/USCitizenRenounce.htm

It's gone up about 10x what it was a few years ago...

.

DirtyGirl305 · 05-01-2012, 11:48 AM

Quote:

Originally Posted by SwirlsGirl

Hey thanks for sharing, also I do not believe in coincidences...and I think it is quite telling to have zombaio late on payments, ccbill flat sales, and verotel making that press release..all in the SAME WEEK..

Like you mention the typical gfy adult biz merchant is only an expert on trolling, bad humour, and high school insults....

The ones with foresight and intuition can read a news article (like the one I have linked below this sentence) and connect their own dots....

and see that something is *indeed* rotten in the state of denmark...no pun intended..

Its like sales have come to a complete grind, late payouts, processing account terminations without notice...

come on people there should be more than just a hand ful of awake people in the adult industry by willfully ignoring *REAL WORLD* facts and not keeping a breast of economic trends and global power relations you make adult biz merchants look like they deserve what they get from the banks and pseudo banks!

We have only stated this 3,000,000 times there needs to be a billing overhaul taken out of the hands of the central banks...

They profit the most from our work, and have total control over our industry and many others...you have to be innovative to make change in this world...the time has come for new billing ideas that are more beneficial to merchants and customers...the *innocent 3rd party financial organziations and middle men's time is coming to a swift end...that does nto mean that our time has to end with theirs.

OMG I think Im in love with you! So many times i've had this conversation and its always the same lazy responses. "thats just the way it is" "its the nature of the biz" BLAH BLAH BLAH It doesnt have to be this way. We use these third party merchant accounts and expect proper results and instead they steal from us. Recently I noticed a reserve fee on my Zombaio account? A rep told me that it just started on Dec 1 2011 or Jan. 1 2012. He wasnt sure. Either way I wasnt notified of this 15% fee deduction. Unethical, Insane & Illegal. Has anyone else noticed this fee?

Dirty F · 05-01-2012, 12:31 PM

Quote:

Originally Posted by DirtyGirl305

OMG I think Im in love with you! So many times i've had this conversation and its always the same lazy responses. "thats just the way it is" "its the nature of the biz" BLAH BLAH BLAH It doesnt have to be this way. We use these third party merchant accounts and expect proper results and instead they steal from us. Recently I noticed a reserve fee on my Zombaio account? A rep told me that it just started on Dec 1 2011 or Jan. 1 2012. He wasnt sure. Either way I wasnt notified of this 15% fee deduction. Unethical, Insane & Illegal. Has anyone else noticed this fee?

Ofcourse you like her. You are at the same level of stupidity as that idiot conspiracy nut.

Dirty F · 05-01-2012, 12:34 PM

Quote:

Originally Posted by mrjoost

Hey everyone,

Just letting you know is that today we released new account
types to be fully compliant with the requirements of VISA and MC:

Check Verotel's homepage under Products and Pricing.

Especially MasterCard is very strict and fast-moving about its new
transparency rules - where merchants need to be registered under
their Payment Facilitator framework. Lucky enough we were able
to negotiate relative fair conditions - with as outcome the three
account types as listed on our website: Basic, Premium and Pro.

We are currently making these changes into our back end infrastructure.

In the next couple of weeks/months we will be contacting all our merchants
to make sure we have all the latest documents on file to register
with the CC companies.

Shortly after summer (September 15th) the new registration
requirements will go into effect globally ? including with our
US competitors.

Kind regards,

Joost Zuurbier
Verotel Merchant Services BV

As a site owner is there anything i should be worried about?

Sid70 · 05-01-2012, 12:37 PM

Time to open EU based company? Contact me.

DirtyGirl305 · 05-01-2012, 12:54 PM

Quote:

Originally Posted by Dirty F

Ofcourse you like her. You are at the same level of stupidity as that idiot conspiracy nut.

There are many examples of stupidity. My giving a valuable post props was not one of them. Now, one may argue that the desicion to not shoot you off on the wall with the rest of his sperm could be considered stupidity.

Dirty F · 05-01-2012, 01:03 PM

Quote:

Originally Posted by DirtyGirl305

There are many examples of stupidity. My giving a valuable post props was not one of them.

Maybe the rest of your post was. But ofcourse you are too stupid to understand that.
You and that other retard would make a funny act btw. The nonsense you 2 could come up with woulf just be hilarious.

candyflip · 05-01-2012, 01:21 PM

Quote:

Originally Posted by Barefootsies

I think "most" of these GFY/U.S. people you refer too don paper hats daily, and have absolutely no clue about what you speak. They barely have enough money to cover their bills every other pay week, and any left over goes to beer/drugs/video games.

In short, they do not have a pot to piss in. Nor a window to throw it out of.

Speak for yourself.

04-20-2012, 08:47 AM	#5
sperbonzo I'd rather be on my boat. Industry Role: Join Date: May 2003 Location: Miami, FL Posts: 9,748	P.S. as we get closer and closer to Jan 2013, when this comes into full effect, watch virtually every Foreign bank STOP doing business with any US person or company. . __________________ Michael Sperber / Acella Financial LLC/ Online Payment Processing [email protected] / http://Acellafinancial.com/ ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

04-20-2012, 11:53 AM	#6
sperbonzo I'd rather be on my boat. Industry Role: Join Date: May 2003 Location: Miami, FL Posts: 9,748	....and yet again.... no one reacts or seems to care.... sigh . __________________ Michael Sperber / Acella Financial LLC/ Online Payment Processing [email protected] / http://Acellafinancial.com/ ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

04-20-2012, 01:23 PM	#17
Mutt Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Posts: 34,431	the only way for a company or individual to get out of the grasp of the IRS is to move offshore completely and renounce their American citizenship right? If you keep your American citizenship they will still keep hounding you. __________________ I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

04-21-2012, 03:37 PM	#31
MaDalton I am Amazing Content! Industry Role: Join Date: Feb 2004 Posts: 39,828	i read this and then i understood it: http://www.spiegel.de/international/...803742,00.html i dont support tax evasion but this sounds like a screwup __________________ AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com

04-21-2012, 03:39 PM	#32
MaDalton I am Amazing Content! Industry Role: Join Date: Feb 2004 Posts: 39,828	http://www.economist.com/node/21540270 __________________ AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com

04-20-2012, 08:09 AM	#3
DarkJedi No Refunds Issued. Industry Role: Join Date: Feb 2001 Location: GFY Posts: 28,300	it's a German bank, what does it have to do with the US government and it's requirements ?

04-20-2012, 11:57 AM	#8
moeloubani Confirmed User Industry Role: Join Date: Dec 2007 Location: Ontario Posts: 4,235	i care and im fucking happy its about time the world said fuck you to the US after years and years of the US saying fuck you to the world biggest economy but somehow no health care and still spending more per person on health care than the rest of the world, laws put in place by the rich, wars and more everything is just a fucking shamble there

04-21-2012, 02:29 PM	#25
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	Actually isnt it fatca ? Facta is a totally different thing

04-21-2012, 02:31 PM	#26
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	I was right http://www.irs.gov/businesses/corpor...236667,00.html

04-22-2012, 04:39 AM	#34
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	This will create barriers to international trade and investment for USA citizens and this seems intentional to me ...

04-22-2012, 07:19 AM	#36
sperbonzo I'd rather be on my boat. Industry Role: Join Date: May 2003 Location: Miami, FL Posts: 9,748	...and yes. It's FATCA not FACTA. Sorry about that. I've been logging in with my IPhone. . __________________ Michael Sperber / Acella Financial LLC/ Online Payment Processing [email protected] / http://Acellafinancial.com/ ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

04-23-2012, 08:03 AM	#38
mrjoost Registered User Join Date: Aug 2004 Posts: 9	Hey everyone, Just letting you know is that today we released new account types to be fully compliant with the requirements of VISA and MC: Check Verotel's homepage under Products and Pricing. Especially MasterCard is very strict and fast-moving about its new transparency rules - where merchants need to be registered under their Payment Facilitator framework. Lucky enough we were able to negotiate relative fair conditions - with as outcome the three account types as listed on our website: Basic, Premium and Pro. We are currently making these changes into our back end infrastructure. In the next couple of weeks/months we will be contacting all our merchants to make sure we have all the latest documents on file to register with the CC companies. Shortly after summer (September 15th) the new registration requirements will go into effect globally – including with our US competitors. Kind regards, Joost Zuurbier Verotel Merchant Services BV __________________ -------------------------------------- Verotel Trusted since 1998

05-01-2012, 12:37 PM	#44
Sid70 Downshifter Industry Role: Join Date: Dec 2002 Location: Road trip Posts: 16,413	Time to open EU based company? Contact me. __________________ Русня, идите нахуй!