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HR 1813 #128600
04/27/2017 05:00 PM
04/27/2017 05:00 PM
Joined: Apr 2004
Posts: 10,999
Macon, Georgia
GlennA Offline OP
Traveler
GlennA  Offline OP
Traveler
Joined: Apr 2004
Posts: 10,999
Macon, Georgia
I do not want to start a political discussion but I think everyone should be aware of the proposed "Border Wall Funding Actof 2017". The way it apears to be written ANY remittance to any country listed, which includes all Caribbean Islands, will be charged a 2% fee to fund the border wall. This would include not just payments to individuals but wire or bank transfers for resort or charter reservations or deposits.


Travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts. - Mark Twain
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HR1813 [Re: GlennA] #128601
04/27/2017 06:00 PM
04/27/2017 06:00 PM
Joined: Mar 2008
Posts: 8,530
Ya never know...
HillsideView Offline
Traveler
HillsideView  Offline
Traveler
Joined: Mar 2008
Posts: 8,530
Ya never know...
Personally, I'd like to see the fee at 5% or 10%, and make it deductible from your taxes, that is, if you file any. As for charters etc, use a credit card. I don't support the "funding" attached, but I do support taxing the cash outflows. Seems it has less than a 1% chance of being approved.


Last edited by HillsideView; 04/27/2017 08:59 PM.
Re: HR 1813 [Re: HillsideView] #128602
04/27/2017 06:09 PM
04/27/2017 06:09 PM
Joined: Jan 2017
Posts: 85
Cane Garden Bay, Tortola
AgapeCottages Offline
Traveler
AgapeCottages  Offline
Traveler
Joined: Jan 2017
Posts: 85
Cane Garden Bay, Tortola
Quote
HillsideView said:
Personally, I'd like to see the fee at 5% or 10%, and make it deductible from your taxes, that is, if you file any. As for charters etc, use a credit card. I don't support the "funding" attached, but I do support taxing the cash outflows.


I haven't read all the details of the bill, but you'd like to pay 10% on money you send down here in the way of deposits, etc? Our move would never have happened if we had to pay 10% to take our own money to the BVI and purchase Agape.


JasonHelmbrecht
Agape Cottages
Cane Garden Bay
reservations@agapecottages.com
www.agapecottages.com
Re: HR 1813 [Re: AgapeCottages] #128603
04/27/2017 08:48 PM
04/27/2017 08:48 PM
Joined: Mar 2008
Posts: 8,530
Ya never know...
HillsideView Offline
Traveler
HillsideView  Offline
Traveler
Joined: Mar 2008
Posts: 8,530
Ya never know...
I don't wire money. Credit card or cash.


My foot fits right into my shoe and my shoe will fit right into your...
Re: HR 1813 [Re: HillsideView] #128604
04/27/2017 10:35 PM
04/27/2017 10:35 PM
Joined: Jan 2017
Posts: 85
Cane Garden Bay, Tortola
AgapeCottages Offline
Traveler
AgapeCottages  Offline
Traveler
Joined: Jan 2017
Posts: 85
Cane Garden Bay, Tortola
Will be interesting to see how credit card spend is handled? Technically, a credit card charge is depositing money in a BVI account.


JasonHelmbrecht
Agape Cottages
Cane Garden Bay
reservations@agapecottages.com
www.agapecottages.com
Re: HR 1813 [Re: AgapeCottages] #128605
04/28/2017 08:22 AM
04/28/2017 08:22 AM
Joined: Oct 2000
Posts: 4,266
Vero Beach, Fl and South Sound...
tpcook Offline
Traveler
tpcook  Offline
Traveler
Joined: Oct 2000
Posts: 4,266
Vero Beach, Fl and South Sound...
Solution is to open an account in First Bank. Their main office is in Puerto Rico,so any funds deposited in an account in PR is USA, therefore no tax.


tpcook
Re: HR 1813 [Re: tpcook] #128606
04/28/2017 10:30 AM
04/28/2017 10:30 AM
Joined: Jan 2017
Posts: 85
Cane Garden Bay, Tortola
AgapeCottages Offline
Traveler
AgapeCottages  Offline
Traveler
Joined: Jan 2017
Posts: 85
Cane Garden Bay, Tortola
I wonder if my account at Banco is similar since it is also PR based.


JasonHelmbrecht
Agape Cottages
Cane Garden Bay
reservations@agapecottages.com
www.agapecottages.com
Re: HR 1813 [Re: AgapeCottages] #128607
05/01/2017 02:33 PM
05/01/2017 02:33 PM
Joined: Oct 2000
Posts: 4,266
Vero Beach, Fl and South Sound...
tpcook Offline
Traveler
tpcook  Offline
Traveler
Joined: Oct 2000
Posts: 4,266
Vero Beach, Fl and South Sound...
Open up with USA address


tpcook

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