Intel Guru MarkZ
One of my sources who works as a contractor confirmed that HCL funds are in fact being transferred and individuals are receiving payments. One person was advised to hold onto as much money as possible because there may be a change in value soon. It’s definitely a possibility that this could happen this week, as everything seems to be falling into place. There is a lot of talk about this week, and we anticipate some announcements coming out of Iraq on Wednesday regarding this matter.
Intel Guru Frank26
To become a member of the WTO, your currency must be free from sanctions and your bank and currency should not have any restrictions. A high exchange rate is not a requirement for membership in the WTO.
Newshound Guru Samson
Article: “The Finance Committee criticizes the delay in budget implementation and promises to host the Ministers of Planning and Finance.”
Newshound Guru Militia Man
The question of the country’s sovereignty has been answered by the Prime Minister, Al-Sudani, who confirms it is indeed sovereign. The Gazette has reported that the 2023, 2024, and 2025 budget has been published and is now in effect, but there have been no actual expenditures or implementation yet. There is now pressure to quickly implement the budget.
Newshound Guru Jeff
A community member commented that Iraq is a sovereign nation. However, true sovereignty would mean that no other country would have any power or control over them. Iraq would have complete independence and be in possession of all of its property. Currently, the House of Representatives in the United States has yet to vote to remove the United States’ War Authorization off of Iraq, which is one example of how Iraq still faces restrictions despite its claim to sovereignty.
Intel Guru MarkZ
I have been informed that there may not be taxes on this exchange, but it is still important to plan for the possibility of taxes. While some experts believe it will be taxed as ordinary income and others as capital gains, it is ultimately the opinion of the IRS that matters. It is recommended to consult with a tax professional at the appropriate time to determine the correct tax for your individual circumstances.