The discussion we are having concerns the issue of whether e-gold is
appropriate for US companies. NOt Belize companies. If you were located in
Belize, or some other tax haven this whole discussion would be irrelevant.
(MAYBE - A Belize company that does business in the US is bound to observe
US tax laws.) But I suspect that most users of e-gold are neither foreign
residents nor US residents who have properly structured their business
activities abroad. As such they are stuck with the stinking IRS!
On Wed, 20 Dec 2000 12:49:11 -0500 (EST), [EMAIL PROTECTED] wrote:
> At Wed, 20 Dec 2000 08:43:42 -0800 (PST), "Glencannon Group Ltd."
<[EMAIL PROTECTED]>
> wrote:
> >
> >Of course accounting is a headache, and if you are small business
company
> >or
> >individual with a small amount of transactions, you can pretty much
> >ignore
> >it. But if you are business doing millions of dollars in business,
> >you
> >can't.
>
> I thought glencannongroup was based in Belize.
>
> Are you complaining about record keeping for the Belize tax system?
>
> I am curious because this would definately take Belize off my list of
locations
> for an
> IBC that does its transactions principally in e-gold.
>
> don
>
>
>
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