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May 12, 2021
Question

Currency Investment

  • May 12, 2021
  • 0 replies
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I purchased Iraq Dinar currency over 10 years ago.  It appears that the currency maybe revalued resulting in significant currency gains.  Is this a capital gain and is there any tax strategies that I can use to avoid paying taxes?

 

Thank you for your help.

 

David Eberstein