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If I recall the wording on the FG site correctly, Federal Gold is merely CONTRACTING with DXSecurity to provide only those services that assist with the "Know Your Customer" laws implementation.
Additionally, it doesn't say anywhere I can find that Federal Gold cannot rent server space on GDT's servers in order to conduct their business. I suspect a case could be made that Federal Gold and GDT worked "closely" together, but I do not think a case can be made that they are the "same" company.
In particular, if you are a resident in the USA, the EU, Canada, Australia or New Zealand, you would need an International Tax law expert to make sure that you personally would be complying with your countries International Taxation Laws.
Especially considering i get taxed on many of my mutual fund accounts yearly, whether i remove the profits or allow them to reinvest back into the cycle. I could see the US taxing us on DXCredit added to our accounts, and they wouldnt really care if we could take them out or not. I have always been a bit nervous about this one. The way we get our increases handed to us, no only with digot increases but EOS gains set aside and then we "reinvest" it by buying more digots. yes, i could see getting taxed alot for this endevour.
If my county can come around a week after i put a new roof on and immediately increase the value of my house and raise my yearly taxed that same week, then the IRS will want to do the same.
LOL while my comment was said in slight jest, the general gist of it was serious. If the Tax Man want to consider DXS to be a legal entity that needs to be taxed, then we should, by the IRS standards be able to use those funds to pay those taxes.
Actually, I would not have an issue with that. Then I could pay my next 2-3 years of taxes in DXG and get my fees down to a reasonable amount! (said in jest - well, a little bit of jesting - is there a jester around?)
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