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<p>[QUOTE="andyscouse, post: 1020153, member: 27100"]Merc</p><p> </p><p>Well, I have to agree - both sides have insane laws when it comes to taxes, etc - see the thread on paying taxes on selling silver, for example, and the soon-coming $600 1099 law!</p><p> </p><p>It's the same in the UK - and I have seen both sides (I reside now in the US). For the coin horde, I think, from examples I've read about before, they'll do OK out of it - it isn't seized period, like Doug had mentioned has happened in the US before - </p><p> </p><p> </p><p style="text-align: left"><i><span style="color: blue">"And since the Brits at least share the proceeds, our govt. doesn't, then it might be seen as not so bad after all." </span></i></p><p><br /></p><p>I wonder if they took a few out first and reported the rest ... </p><p> </p><p>I get taxed by the US - but have no representation!! [Of course, when I apply for US citizenship, I'll be all set!!]</p><p> </p><p>I'll check the UK situation out when I go for a visit back there next month! Hopefully pick up some nice UK pieces whilst over there (unfortunately, no double eagles for me at this time!).[/QUOTE]</p><p><br /></p>
[QUOTE="andyscouse, post: 1020153, member: 27100"]Merc Well, I have to agree - both sides have insane laws when it comes to taxes, etc - see the thread on paying taxes on selling silver, for example, and the soon-coming $600 1099 law! It's the same in the UK - and I have seen both sides (I reside now in the US). For the coin horde, I think, from examples I've read about before, they'll do OK out of it - it isn't seized period, like Doug had mentioned has happened in the US before - [LEFT][I][COLOR=blue]"And since the Brits at least share the proceeds, our govt. doesn't, then it might be seen as not so bad after all." [/COLOR][/I][/LEFT] I wonder if they took a few out first and reported the rest ... I get taxed by the US - but have no representation!! [Of course, when I apply for US citizenship, I'll be all set!!] I'll check the UK situation out when I go for a visit back there next month! Hopefully pick up some nice UK pieces whilst over there (unfortunately, no double eagles for me at this time!).[/QUOTE]
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