FATCA in Kuwait – Hello IRS

If you don’t know what FATCA is or never heard of it, then you probably don’t have to worry about it. But if your an American citizen working abroad or have your assets abroad then you are probably very aware of it and some are very worried of it.

FATCA – Foreign Account Tax Compliance Act

FATCA reflects a global trend to increase tax transparency and involves all U.S. persons (individuals, entities, or entities which are substantially directly or indirectly owned by U.S. person(s)) transacting with financial institutions around the globe.

Simply put the banks in Kuwait have effectively opened up details of any person who is holding a US Citizenship and in Kuwait I know the dual Citizenship is not legal but lots of people have it, so now Kuwaiti’s who have had no experience or interaction with the IRS are going to have to get their paperwork together and a very good tax lawyer to get a little creative to make sure they don’t suffer the wrath of the IRS.

When you think of the most powerful US Agency then you think NSA or CIA, they take care of the missions that we know nothing of, but contrary to what people think the most powerful US Government is the IRS. They have more powers to dig into people and in which way they need to get to money owed to the US Government.

And I have heard some Kuwiatis say they will toss the US Citizenship as solution not to pay their back taxes. But that isn’t a solution, if you relinquish the US Citizenship then the IRS will take that into consideration and they will go through your life with a fine tooth comb, aand you will have to pay 3 to 6 years worth of back taxes before you can get out of it. And on top of paying back so many years of taxes your name will be flagged at every US Embassy and Border Station, meaning it will be nearly impossible to get a US Visa and if you do you will be flagged for life as a suspicious character.

KAFO كفو

The brand is targeting Kuwait youth who are enthusiastic about sports and being active in their sport, not the. It focuses on capturing the Kuwaiti old heritage, culture and professions in our designs. Some of designs have Kandery profession in mind, other one about our most notable profession of pearl diving, while others about oil workers and last one about our Kuwait towers and how our youth are parallel to these towers in their genuine effort to elevate the country. The brand name “KAFO” is a salute to our grandparents, KAFO for them sustaining crucial life and working day in day out to rise up with the country. KAFO for youth who are following their grandparent footsteps, KAFO for their efforts to live a healthy life style and not surrender to materialistic life with fake interests, KAFO for the efforts to contribute to the society and have the country as their utmost priority.
Gyms having been opening up left right and center in Kuwait and it is for good reason, there are specific types of gyms and each one fits different people’s needs. And they are run by professionals who want their clients to have a great experience and reach their goals, and with that increase in gyms you see people wearing all types of clothing for their specific types of work outs, and this case a Kuwaiti brand has taken this to heart. And I like the designs and colors of from Kafo, and from the introduction above you can understand where they are coming from. Entrepreneurship in Kuwait never ceases to amaze me and Kafo seems to be targeting these people in the right way with a quality product. Lets hope they have large sizes for us lazy people.

Instagram: KafoQ8

 

Tokyo Dirt

Speedtractor teams up with friends, Animal Boat CC and Iceblock Films to find that there is indeed dirt in Tokyo…you just have to look for it.

Japan is one of the places that I need to visit, there is so much I want to see there yet I haven’t had the chance. There are those who follow the rules to the T in Japan, and then there are those who live outside the rules and this case this is what Tokyo Dirt is, a look into the other side of motorcycling culture in Japan. There is a different feeling for those who love motorcycles, and crosses all the barriers of borders, race and language, it is its own culture.

Silicon Valley – Nerds Rejoice

The world that is Silicon Valley is put on display for everyone to see the quirks and oddities of this industry through this amazing HBO Comedy. Silicon Valley offers an abundance of highly relevant and insightful thoughts on the state of the Dotcom craze. It’s all packaged within an engaging scenario brimming with sharp humor, endearingly eccentric characters and the chance to come along for the ride while they try to make millions. 

HBO managed to develop all the characters within a short span of 8 episodes that you can’t help but love these guys while they go their trials and tribulations in the most hilarious way. Each character is very different from the next with Richard being the main character and each one playing a role in the Pied Piper company. The funny part being that Hooli in the show is acting like a combination of Google/Yahoo in my opinion. It is a show which the nerdiest nerd will love as well as someone with no technical understanding what so ever, living in the bay area for over 5 years I can’t help but love this show on so many levels. If you haven’t watched it your really missing out.

Star Wars Rebels

The Jedi have been wiped out and the Empire spreads tyranny through the galaxy. Hope runs thin. But on the small planet of Lothal a big change is looming. A group of rebels meet a 14-year-old con artist named Ezra and soon it’s clear their destinies are linked. Aboard their ship, the Ghost, Ezra and the rebels embark on an adventure to ignite a rebellion and strike back against the Empire.

Words can not express how excited I am to see this animated feature after watching Star Wars The Clone Wars for 6 years. I was very disappointed when it came to an end but Disney did not want to disappoint and hopefully this will be just as good with just as many characters. It takes place after the Clone Wars with some very different characters, and the Dark Side have taken over, the Storm Troopers are here. In October we get to see the Rebels and how they face the Dark Side, this is going to be Epic.

Q8Car – Horrible Site!

What the hell happened to Q8Car, it started the trend of online vehicle selling and recently I tried using it and the website is horrible. One of the worst I have seen in a while, its as if no one wants to use it. When you click the search in English it takes you to a payment gateway and in the Arabic site the search doesn’t work correctly. The display is a mess, it really needs a major overhaul with a lot of features that should be added to it to notify buyers and sellers with all types of updates and simple ways to follow up.

This is the problem in Kuwait when it comes to websites they don’t continue improving and the income of this site is based on the ability of the website to work and in this case its failing miserably. Q8Car used to lead the pack in online vehicle sales in the Gulf Region and now there are others which are better and easier to use.

Kill La Kill – Must See

Plot Summary: Ryuuko Matoi carries a large weapon shaped like half of a pair of scissors. She’s looking for the woman with the other half, who killed her father. Satsuki Kiryuuin, student council president of Honnouji Academy, is said to know the woman’s identity, so Ryuuko transfers there. Those who arrive at the school receive a special “goku uniform,” and Satsuki has used that power to rule the school in fear.

A fantastic anime from the creators of Gurren Laggan, with the same spirit and fire that fueled that anime and I especially love the style. You will always be routing for Ryuuki Matoi in the story and this is one of the best developed storylines I have seen in a long time, you can’t help but love all the characters, this is a rare breed of anime. And there is a fantastic twist towards the end that really gets you riled up. The action is nonstop if a lot of fan service nudity, but there is no episode that leaves you disappointed, and full of humor of every kind. If you have any inclination towards anime then this is a must, and if you haven’t seen it then you are really missing out.

ReDesign 2014 – Fully Refreshed

 

After 5 years I think it is finally time to redesign the blog and getting back to it and running again. Main issue wasn’t the WordPress version but the theme that was over 5 years old was falling apart at the seams, which made it a horrible experience to write anything. I reached a point where I thought of erasing everything and starting from scratch.

Luckily after a back and forth with the DreamHost Support I changed the install type of WordPress then shifted to a fully hosted DreamPress service of DreamHost which they fully take care of the technical side of WordPress. So after fixing a few issues and identifying some of the Plugins that were causing havoc they got it hobbling along and said the rest of it was with the Theme.

Then Jacqui aka CouchAvenue came in to the rescue and went into full redesign mode and went OCD on the site. Tweaking, fixing, modifying, and adjusting so many parts to make it work so perfectly. Using the Breeze from Bluth Company Theme she made into the amazing form that it is now.  There is still some minor issues but things are getting cleaned up in the backend to help things operate smoothly.

 

Brick Mansions – Parkor Movie?

I love parkor and I enjoyed any movie Paul Walker was in, so I was really looking forward to this movie. Especially after passing away I wanted to watch every Paul Walker movie, and I need to watch Hours and I am looking forward to the next Fast & Furious movie, but this one was a disaster. Seriously who ever was writing the story was high as a kite, there was rarely a time that I wanted to walk out of a movie but this was one of them and most of Nicholas Cage’s movies. The story was stale and as the movie progressed it went from bad to worse, time I can not get back.