Author Archives: Banc De L Asteroide

Serbian President Vucic threatens to enforce its Citizen-Based-Taxation, using a method of credits and exemptions similar to USA’s tax regime.

The articles are translated below, describing a system similar to the US system. The article describes that the ability to tax extra-territorially exists according standing laws. It highlights the usage of “or” in their language mentioning a significant connection such as property or bank account back in the Serbian expat’s homeland.

Southern Europe (both in and outside of EU) is well known for having a large net loss of young workers due to economic migration to high-wage countries. Serbia has a long history of high education and skilled craftsman which are under high demand in high-wage countries. With a rich culture and strong Christian family ties, most Serbs have a strong connection to their families, church, and family properties in their homeland.

The exemption is proportionally lower than the US exemption, however the tax level appears lower. The details would be difficult to fully understand, as the Serbian system has a very high (50%?) employer-contribution social fee (that paid prior to the employee receiving his salary). The social fee appears to potentially be charged to expats. As salaries inside Serbia are very low (typical white-collar worker might have a salary under 500 Euros per month), it seems that most locally-employed persons have an income tax of about 10%.  However, the salaries of an expat would be many times greater, and the credit amounts would become more complicated as the local Serbian tax rates raise above 10% at the level of the salaries of Europe or North America.

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“The Department of Homeland Security is proposing a rule that would allow the government to use facial recognition data to identify everyone traveling to and from the country, including U.S. citizens.

Non-citizens traveling through U.S. airports have been required to get their fingerprints scanned and have their picture taken since the mid-noughties. American citizens have enjoyed the choice of opting out of this requirement. However, in a recent regulatory filing, DHS is pushing to require all international travelers — including U.S. citizens — have their photograph taken.

“To facilitate the implementation of a seamless biometric entry-exit system that uses facial recognition and to help prevent persons attempting to fraudulently use U.S. travel documents and identify criminals and known or suspected terrorists, DHS is proposing to amend the regulations to provide that all travelers, including U.S. citizens, may be required to be photographed upon entry and/or departure,” the filing continues.”

Read more at

https://amp.dailycaller.com/2019/12/03/dhs-to-use-facial-recognition-on-citizens?__twitter_impression=true&fbclid=IwAR1v_ncsVG2LguKF50Eu_klmfAh1GOQqY6F4hA7SIpTQg6Wqda9tXrwOJa0

Note that any citizen of any country in the rest of the world had been required to register their biometrics, now US citizens outside the razorwire must be identified also.

https://isaacbrocksociety.ca/2016/09/30/fatca-came-last-to-eu-but-mandatory-fingerprinting-was-first/

Currently, the only people not assumed to be guilty of crimes are US citizens living inside USA, but that’s not stopped most other stompings on the Bill of Rights

Swedish media, in a 5 day prime-time series, and the Swedish population explodes when finding out that their Swedish company operating in Europe did not respond to U.S. local law enforcement inquiries. Article from:

– https://www.svt.se/nyheter/granskning/ug/american-financial-authority-investigates-swedbank-in-money-laundering-case

– https://www.svt.se/special/swedbank/english/investigators/

“The New York State Department of Financial Services has initiated an investigation into Swedbank, according to a document presented to Swedish Television, SVT. The suspicions relate to misleading information in connection with the DFS demanding an answer from Swedbank about the notorious law firm Mossack Fonseca.

The New York authorities delivered the “request” to the New York local branch, and asked for a global answer.

The Swedish public is aghast that the Swedish bank operating in Europe would not have provided full criminal evidence to the U.S. legal agency.

The whole affair is related to the now-closed Mueller investigation, previously-prosecuted Manafort FBAR conviction, and the long-ago Soros/US-Aid funded Panama Papers affair.

It seems that the bank was “caught” handling Manafort-related bank transfers…….this despite the fact that Manafort was not convicted of money laundering–He got caught with FBAR violations, bank fraud, and tax cheating.

It also alleges that payments were sent by Swedbank to companies (including Manafort’s in the Caribbean.  Never mind that many Swedish companies’ parent and daughter companies and ships are also registered there, and that global transactions go back and forth all the time. In these stories, the bank transfers are summarized as “money laundering” although there is no crime to launder.

So, when a U.S. legal agency “requests” information about any European transactions of anybody including any American, the Swedish media, authorities, bank officers, and public will all spank themselves if they don’t hand it over.

So much for those European constitutions and all that innocent-til-proven guilty stuff they’ve got written in there. Sweden had once held a spark of FATCA resistance, reversed itself, til it finally celebrated its FATCA surrender. Crying is now long over.

As a result of it all, Swedbank stock tanked (did Soros short Swedbank stocks too?) and depositors are jittery.

The Obama administration & the DopeState had orchestrated a gigantic expat-bashing propaganda campaign to smear expat US citizens, leading up-to the intro of FATCA and continuing through its rollout.

ICIJ, the Soros/USAid “Offshore” propaganda outlet, is itself a spiderweb of offshore shell corporations and shady offshore financing.

The oldstock Brockers remember the large doses of offshore propaganda brought in by the DopeState partnership of government figures, media outlets, and the Financial Industrial Complex….when expats were daily barraged by FATCAT articles about Offshore Offshore Offshore. (rather than today’s Russia Russia Russia propaganda campaign).

Many remember the related hit articles on the revelations of Swiss bank accounts of rich Americans such as Tina Turner (resident and eventual citizen of Switzerland) due to Panama papers and ICIJ(International Consortium of Investigative Journalists).

Well, it turns out that the hypocrites of ICIJ (International Consortium of Investigative Journalists) was funded by a spiderweb of Offshore-Shell –Company DopeState actors (including USAid in critical years, but its current donors are listed below). The article below highlights it.

from the article:

“it’s curious that ICIJ’s Pulitzer-winning series featured Putin so many times given that Putin didn’t even have an offshore account with Mossack Fonseca. It’s also curious that so few Americans were exposed by ICIJ.

It’s even more curious that ICIJ didn’t report much on Browder, the former American turned Irish citizen, apparently for tax purposes, who has used plenty of offshore accounts to lighten his fiscal load. Browder — who was recently exposed in this story by 100Reporters — was for Putin, when he was raking in vast profits from his Moscow-based Hermitage Capital Management holding company, before he was against him, when he was accused by Putin of tax fraud. (Putin is a tyrant but he is, incidentally, right to be suspicious of journalists and NGOs, which he rightly views as agents of regime change.)

Browder is just one of many ICIJ donors to utilize offshore vehicles. In fact, according to 100Reporters, (Browder’s) Hermitage Capital Management “was built on corporate registrations authored by the Mossack Fonseca law firm.” “

…. Oh yeah, did I mention that Browder is suspected of (USAid) funding the Organized Crime and Corruption Reporting Project, a partner of ICIJ? And that the much-praised OCCRP has written extensively about Browder, in the most fawning terms imaginable, without disclosing that suspected funding? “

The Oldstock Brockers had also harbored hopes that Glenn Greenwald might have fought for the rights of expats, but the article shows that his DopeState connections well show that he is an establishment lackey

Read about it in this article

https://washingtonbabylon.com/14472-2/

All Rights Reserved

All Respect Deserved

Before Obama FATCA and before FBAR, there was Caesar Augustus and the ROMAN Empire–with its capitol far away.

“Now it happened in those days, that a decree went out from Caesar Augustus that all the world should be enrolled. This was the first enrollment made when Quirinius was governor. All went to enroll themselves….”

And so it was….an ancient FATCA. The capital of the government was far away….however each of the lands was governed by some puppet of Rome. The subjects had no benefit of census or taxation—-they were only subject to both.

From those times of oppression, was there a great birth which is celebrated today. For this, there are no parallels. Let us celebrate this day for what it is and separate the glory of this day from the tyranny of the kingdom.

The empire is not on our side. The pharisees of the media and congressional halls continually whip up propaganda against us. The empire digs us a hole and requires a “scoring” to be allowed to get us out of the hole.

The empire is led by men. If and when the earthly, human leaders of empire realizes their moral, constitutional, and godly responsibility to their population, the expats will rise from the tyranny.

We celebrate today. Tomorrow, we must remember our mortal code: God only helps those that help themselves. We must rise up and resist the government tyrannies of FATCA, the tyranny of discriminatory extra-territorial, person-based taxation, the tyrannies of GILTI and transition tax, and the tyranny of FBAR all emanating from the Empire.

Merry Christmas to all !

How does a country move from nobly declaring FATCA to be a breech of sovereignty — to signing a FATCA document with the Obama regime over the course of just a year? Well, the compliance-mafia / Deep State has either a Mustafa or a Slobo on call for whatever the Deep State needs in whatever country needed.

Perhaps you remember the days when we prayed for some FATCA IGA fightback? Country after country fell to the Nobel Peace Prize winner’s extra-territorial FATCA citizen-spy tool.  First, the big 5 fell. Then Norway got the Deep-State John Doe payoff, and shortly afterward the entire world caved to FATCA IGAs. Finally, the never-tiring JustMe threw in the resistance towel and disappeared into mountain bliss.

Then, while a few of the expected put up some symbolic resistance and disinterest, a tiny bit of valiant resistance popped up. A tiny country publicized a resistance. This is a country known for resistance–A country who had lost 1/5 of its population fighting off its occupiers in the first world war (the Ottomans and the Austro-Hungarians), A country who had resisted the Nazi occupation, with both its communists and royalists, whilst fighting its own civil war between themselves, whilst rescuing 500 forgotten Americans expatriated behind enemy lines.  It was also known as joining together others as non-aligned nations in resistance of both the east and the west.

Unfortunately this country known for its resistance, also takes pride in having lost its wars and sovereignty on a regular basis over the centuries. Beginning with things such as having its entire army defeated by the Ottomans while sleeping off a hangover, living centuries as slaves to the Ottoman occupiers,  delivered to communists by spies as loot for the defeat of the Nazis, and finally destroyed by a Deep State / Jihadi alliance. All of this, while still resisting invaders with spirit. And then, the Stepford Wives got well appreciated by them, when the witch Madeleine Albright got herself stoned in the area she had “liberated”.

So, as another day in history, Aug 11 of 2014, the valiant Serbs put up resistance to America, and announce that real Serbians would be protected from the wrath of the long arm of the IRS and its FATCA.  But actually, it was visible a year prior that non-submission would not be tolerated, that the Compliance Mafia deep state would be imported by an invading American McKinsey-firm accounting lackey to rule the Serbian Financial Sector as minister of Serbian finance.

Serbia has a history of resisting occupiers, like the 4-century occupying Turkish jihadists who maintained the right to break in and take pleasure of  any house, business, or marriage . But there were small bits of resistance, such as the famous businessman Pirot Hrista Jovanavic, who built his office with a low ceiling so as the tall Turkish invaders would have to bow when they broke into his office.

However, Prime Minister Vucic is actually a master at announcing resistance to the Deep State, to foreign powers, and to the influence of foreign cultures. He typically makes such announcements of resistance to parties such as the Arabic nations, all-the-while selling off the most valuable downtown property to oil-rich barrons. He is known for feigning resistance to the EU, Turkey, Hungary, and US, all the while awarding sweet deals to foreigners for his country’s previously state-owned properties.

Unfortunately again this time FATCA resistance was not to be, as the currently-reigning vassal Prime Minister Vucic arranged for the McKinsey mafia to arrive and do the work of the Obama Deep State, one year prior to the announcement of resistance. In just a short year, the Deep State Mole landed in Serbia and implemented the Obama Ottoman-invasion extra-territorial FATCA edict. He left, just days after signing the FATCA surrender and months prior (12 Jul 2014) to the country, its media, and Brock Society even realizing (11 Aug of 2014) what had happened.

Prime Minister Vucic feigned resistance, which we had cheered, but Vucic resistance was actually well after the fact. Oh well, Vucic has often feigned similar resistance—afterall, he had hired a humanitarian progressive American-plant, neocon wet dream—a lesbian Croatian (Deep State) USAid graduate to be Prime Minister.

There is no better display of Deep State Compliance Mafia FATCA implementation than at the Obama / Deep-State vassal Vucic implementation of FATCA with Serbia’s temporary employment of an American McKinsey accountant to a place as finance minister. As a result, US citizens residing in Serbia will remain under the control of Obama-dominated FATCA / FISA / FINCEN Deep-State surveillance. Any returned war refugee or NGO baby will forever be a slave to the Obama FATCA Ottoman tax regime.

Dear Candidate Trump, would you like to rescind the Obama Executive IGA orders for FATCA and eliminate layers of expensive FATCA regulations?

Some of us look forward to the potential for Trump leadership to eliminate Obama regulations and intrusions upon American citizen–but no one is holding their breath. How about you Make It Great for American Citizens Again and eliminate FATCA and FBAR and eliminate Citizenship-Based-extraterritorial taxation? A few Executive orders of your own could undo 8 years of Obama Ottoman-like tyranny and allow 9 million U.S. expat Americans to live in peace and freedom…and to once again look back to their home country. Dear Candidate Trump—what say you #MakeItGreatforAmericansAgain?

Sign petition:   https://republicansoverseas.com/territorial-taxation-individuals/#petit

As requested by the Obama regime, 7000 suspected U.S. citizens were recently identified by the Kuwaiti government, assumed guilty of crimes unless proven to be innocent.

Under the U.S. citizen locating program called FATCA, 7000 suspected U.S. citizens have been rounded up in a database of names now stored centrally in the Kuwaiti government, as reported by the Arab Times.  Those suspected U.S. citizens await an unspecified fate.

These citizens had previously been living undisturbed in the country amongst other nationalities. However, the recent Obama legislation has required the government identification of U.S. citizens in every country of the world.

In Kuwait, it is identified that each American is worth approximately $328,000, although it is not specified as to how that value might be realized by other actors.

The Kuwaiti government now has the addresses, telephones, and asset values of all U.S. citizens that it was able to locate. The files are stored in ways that are not specified and are transferred over the open internet without encryption. It is not specified as to how many lower level I.T. contractors or politically connected managers have access to the information.

Some of the information collecting Kuwaiti organizations are Al Hilal Islamic Fund, Noor GCC ISLAMIC FUND, Al Durra Islamic Fund, and Kuwait Insurance Company. The collected information is delivered to the Kuwaiti government under Operation FATCA.

http://www.arabtimesonline.com/news/7000-kuwaitis-2-3bn-fatca-reveal/

Global U.S. Citizen Target

When some politician or media gives that standard line “#FATCA’s unintended consequences” — think twice about whether you should be pacified by the author’s pandering.

Michael Parenti, in “To Kill a Nation–The Attack on Yugoslavia” describes also the “unintended consequences” of the actions carried under orders of the 1999 leader of the executive branch after having been caught with his pants down.  During this time, the to-be-FATCA-implementing Secretary-of-State was hiding in embarrassment from the U.S. public, but this SoS-IGA-implementer-to-be was known in the targeted villages and cities at that time as The Mistress of the War.

Parenti enlightens us: “Top policy makers are intelligent, resourceful, and generally more aware of what they are doing than those who see them as foolish and bungling. US policy is not filled with contradictions and inconsistencies. It has performed brilliantly and steadily in the service of those who own most of the world and who want to own all of it. That some critics may not know what policy makers are doing does not mean the policy makers themselves do not know what they are doing. That Western leaders make misleading statements about their goals and intentions does not denote confusion on their part but a desire to confuse their publics as to what interests they are really serving. That they are misleading others does not mean that they are themselves misled, although of course there are times when they make mistakes and suffer bafflement in regard to tactics and timing.”

When the law tries to paint us all “offshore tax evaders”, and it turns out they are talking about us, there are lessons to be learned as to how the media and politicians operate to accomplish a mission. Whether you are ready to hear this author’s entire premise or not, it gives a valid lesson as to how a population of diaspora can be used to accomplish a political and economic goal.

http://michaelparenti.org/ToKillANation.html

Don’t allow yourself to be pacified by the talk of “FATCA’s unintended consequences” and plan your strategy knowing that it wasn’t an unplanned attack.