1. 01-03-11 12:07 AM #36
    Hareeba!
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    Quote Originally Posted by dynamite140 View Post
    how come this topic went off tangent and talking about other countries now?
    "other" countries?

    "other" than?

    It isn't entirely clear that the opening post referred to any particular country. Many countries have similar provisions.
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  2. 01-03-11 12:42 AM #37
    dynamite140
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    Well i was just talking about the usa...
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  3. 01-03-11 09:17 AM #38
    pavyracer
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    Cash, bankwires or checks is the same as cash. IRS is not run by morons.
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  4. 01-03-11 04:48 PM #39
    Dark Horse
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    Quote Originally Posted by Justin7 View Post
    There is law requiring that cash transactions of more than $10k be reported (but not to the IRS).

    What is the basis of your understanding?
    Isn't that one of those anti-terrorism laws? To prevent funding of cells.

    In any case, with all the 'elite's' money in offshore accounts, I don't think we have to worry too much about very strict regulation. Some laws are laws only on paper.
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