NewLiberty
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Gresham's Lawyer


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December 31, 2013, 07:10:06 AM

ok the china deadline is tomorrow

why is the market not reacting?

Tomorrow? It was the Chinese New Year, not? So, the deadline should be the 30.1.14.
Yup, it was Chinese new year, so we still have another month to go.
oh the deadline it on the 30th of next month.

shit

i thought it was tomorrow

There is a different deadline tomorrow:  Swiss Banking and USA Foreign Account Disclosure Compliance and taxation.
Swiss banks have a deadline of tomorrow to sign up for compliance.  Some are doing so:
http://www.reuters.com/article/2013/12/27/us-tax-switzerland-lombardodier-idUSBRE9BQ03T20131227

Everyone I know pays their taxes, and usually end up overpaying to be conservative...  But I imagine there might be some folks in the USA that have used Swiss accounts to hide money.  They might want to do something else with that money.