Liabilities Minus Unfunded Entitlement Liabilities — Assets include cash & investments, taxes receivable, property, plant & equipment (as defined by Department of Treasury). — Liabilities include accounts payable, accrued payroll & benefits, federal debt, federal employee & veteran benefits payable... — Unfunded Entitle

) no ‘real’ assets (such as tradable stocks / real estates...) in these Trust Funds as the special U.S. Treasury securities are non-marketable and 2) the Treasury Department needs to raise taxes / cut other programs’ spending / borrow more money in the future to meet any withdrawal requests. e We think that for Social S

Year Average Yield Weighted Average Treasury Yields (%) 0% . T T T T T T T T T T 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007 2010 KP Source: US Treasury. i USA Inc. | Income Statement Drilldown 165 Effective Interest Rates: If Debt Levels & Interest Rates Rise Dramatically Beyond 2010, Net Interest Pa

i leaf ilLi. 32b Q is Some at Investrimpi not Fisk Schedule C (Form 1040) 2015 7 EFTA00026295 --- PAGE BREAK --- SCHEDULED (Form 1040) Department of the Rosary internal Revonuo Sable. Mg Capital Gains and Losses ► Attach to Form 1040 or Form 1040NR. IP, Information about Schedule D and its separate instr

BREAK --- SCHEDULE A OMB no. 1545.0074 (Form 1040) lab Information about Schedule A and its separate instructions is at www.irs.govischedutea . Department of the Treastoy Attachment Pe Attach to Form 1040. 14arnelS) Shown On roan 1040 Sequame No. ut internal Revenue Service BM) ow SOMA **Corey number Itemized D

tion of the transmission, (b)the reason for any delay in processing the return or refund, and (c) the date of any refund. If applicable, I authorize the U.S. Treasury and its designated Financial Agent to initiate an ACH electronic funds withdrawal (direct debit) entry to the financial institution account indicate

cy in which account is maintained (2) Foreign currency exchange rate used to convert to U.S. dollars (3) Source of exchange rate used if not from U.S. Treasury Department's Bureau of the Fiscal Service 7a Name of financial institution in which account is maintained b Global Intermediary Identification Numb

complete the 3rd party preparer section on page one of the report. The E-tile system will auto complete item 46. NOTE: The FBAR must be received by the Department of the Treasury on or before April 17, 2018. An automatic extension to October 15.2018 is available. This report filed late for the following reason (Check only on

ion of the transmission, (b) the reason for any delay in processing the return or refund, and (c) the date of any refund. if applicable, I authorize the U.S. Treasury and its designated Financial Agent to initiate an ACH electronic funds withdrawal (direct debit) entry to the financial institution account indicate

19). First, given USD/JPY’s significant correlation with 10Y yield differentials (>60%}, the anchoring of 10Y yields will further weigh on the Yen as US Treasury yields rise. Second, further Japanese fiscal stimulus will successfully lower real yields through higher breakeven rates of inflation while nominal y

=== 6m change in 30y real rates (RHS, inverted == USGGT10Y Index (R1) 5y5 | rates scale, %4) yoy real ra Source: BofA Merrill Lynch Global Research, US Treasury The BAML multi asset strategy index is not representative of all isk-parity funds. Si : BofA Merrill Lynch Global R h Source: BofA Merrill Lynch Glo

ing, money laundering, or bribery, all as amended, supplemented or replaced from time to time; "Compliance Authority" means each and all of the (a) U.S. Treasury Department/Office of Foreign Assets Control, (b) U.S. Treasury Department/Financial Crimes Enforcement Network, (c) U.S. State Department/Directorate of

or replaced from time to time; "Compliance Authority" means each and all of the (a) U.S. Treasury Department/Office of Foreign Assets Control, (b) U.S. Treasury Department/Financial Crimes Enforcement Network, (c) U.S. State Department/Directorate of Defense Trade Controls, (d) U.S. Commerce Department

lacks an apparent lawful purpose. Financial institutions and their principals are subject to civil and criminal penalties for violations of the BSA. U.S. Treasury Department: The FinCEN Memo In coordination with the February 2014 Cole Memo update, FinCEN published a memorandum (FinCEN Memo) outlining how banks and other

ment policies published by the U.S. Department of Justice have unofficially invited cannabis business to proceed if certain conditions are respected. The U.S. Department of the Treasury established report- ing policies that create room for banks to service the cannabis industry. Federal budget legislation 4 © 2017 Ackrell Capital, L

the “Paying a Fair Share Act” (S. 2230) 03/08/12 Tax proposals on “high-income” taxpayers from President Obama's Fiscal Year 2013 2012-02 Budget and the Treasury Department’s “Green Book” 01/23/12 Estate of Petter v. Commissioner: another taxpayer victory using a “defined value” 2012-01 formula clause, and the legacy of P

ill; trust’s investment fees subject to 2% floor (Scott); tax 2003-09 apportionment (PNC Bank v. Roy); Michigan and the TPT credit (Lacks v. Michigan Department of Treasury) 05/02/03 Jobs and growth bill; flat tax proposals; tax apportionment (Kurait) 2003-08 04/11/03 Budget update; estate tax pitfalls for non-resident

tations of higher taxes in the long run (e.g., Ricardian equivalence). Statutory debt limit and debt subject to limit Trillions of gross debt, USD 18 US Treasury: raiding the cookie jar Billions, USD 300 Gross debt/GDP 109% 16 250 Proposed increase 99% 200 14 - 12 - Debt limit 86% 78% 87% 150 69% 73% 100 10 68

t is the lesser of 2 problems Trillions, USD 100 90 80 70 60 50 40 Present value of unfunded entitlement obligations 30 20 10 Existing debt 0 Source: US Department of the Treasury, J.P. Morgan Private Bank. Items on the table in discussions to reduce the deficit Revenue raises Spending cuts Carried interest taxed at Discretiona

ce espionage charges. Read full article » SANCTIONS Apple Strikes Deal With Treasury Over Sanctions Lapse Apple Inc. will pay nearly $467,000 to the U.S. Department of the Treasury for allegedly hosting a sanctioned Slovenian software developer on its platform and processing more than $1 million in payments to the company, th

ry for allegedly hosting a sanctioned Slovenian software developer on its platform and processing more than $1 million in payments to the company, the Treasury Department announced Monday. Notice attached I Read full article » LEGAL ETHICS Avenatti Attack On Fraud Charge Is 'Hyperbole,' Gov't Says Michael Avenatti

enforcement agencies in the fight against money laundering. The Intelligence Reform and Terrorism Prevention Act of 2004 amended the BSA to require the U.S. Treasury Secretary to prescribe regulations requiring certain financial institutions to report cross-border electronic transmittals of funds, if the Secretary

onsibilities to establish policies and strategies to combat money laundering and terrorist financing include, but are not limited to, the following: U.S. Department of the Treasury e Office of Terrorism and Financial Intelligence (TFl) e Office of Terrorist Financing and Financial Crime (TFFC) e Office of Intelligence and Anal

gth":228, "start": 0}, "textStyle":". anf-ts-1"}], "layout":"default- body", "role": "body", "text": "Asked about the lack of a side deal this month, Ireasury officials did not respond directly to questions whether it exists or will exist, saying instead that they are happy with the state of talks with the

ge": ("length":293, "start":0}, "textStyle":"_ _anf-ts-1"}], "layout" : "deFault- body", "role": "body", "text":"“Building on existing discussions, the U.S. Treasury and Koreaâe™s Ministry of Strategy and Finance intend to meet frequently to discuss concerns arising from macroeconomic and foreign exchange policies

ules.28 Mayo concerned in part the question of how much deference a Treasury Department tax regulation should receive. In Mayo, an amicus argued that the Treasury Department’s interpretation should receive less deference because it was issued under a general grant of rulemaking authority, as opposed to an interpretation iss

ere it had strong bipartisan support—but from the White House and National Security Council, the Pentagon, the Office of the US Trade Representative, the Department of the Treasury, and even the Department of State. As sentiment shifted away from hopes of finding common ways to collaborate, a spate of new US policy initiatives b

Cold War heated up in the 1960s, the NSA provided intelligence not only to the Pentagon but to the Department of State, Central Intelligence Agency, the Treasury Department, the Atomic Energy Commission, and the FBI. With a multi-billion dollar “black budget” hidden from public scrutiny, the NSA’s technology directorate

Institution has called the “fiscal fights of the Obama administration.” The first fiscal fight resulted in the Standard and Poor’s (S&P) downgrade of US Treasury debt in August 2011. The equity markets, as measured by the S&P 500 Index, dropped about 19% between April and October of 2011. Taken together, the

rom a low-yield environment (REITs) outperformed the converse (banks, insurance; Chart 3). However, we expect conditions to reverse into 2017. We see US Treasury yields rising and Japanese core CPI inflation recovering to +1.4% yoy by 2018 and core- core to +1.1% yoy. Stronger inflation and higher foreign yiel

2p_all_r1.indd 199 ® 9/30/16 8:13AM | | HOUSE_OVERSIGHT_019687 --- PAGE BREAK --- 200 | HOW AMERICA LOST ITS SECRETS Central Intelligence Agency, the Treasury Department, the Atomic Energy Commission, and the FBI. With a multibillion-dollar “black budget” hidden from public scrutiny, the NSA’s technology director- ate

rrorist,’ frozen his assets, and named him “one of the founders of al Qaeda.” (Ashton Compl. J 304; Burnett Compl. § 255; Federal Compl. Ff 117, 91.) The Treasury Department “characterized [him] as having ‘directed organizations that have provided financial and logistical support to al-Qa-ida, [he] is the logistics chief

naged to last just for one day after the US election. The insurance sector has been the best performer since the US election on the back of a steeper US Treasury curve and higher rates. Michael Hartnett observes “violent rotation out of deflation to inflation plays”, including a move from REITs to US banks. Th

83 --- PAGE BREAK --- Rates vol is near all-time lows and is favorable for positioning for a break-out Since the US Election last November, the 10y US Treasury rate has fluctuated between 2.17% and 2.63%, constantly being jostled up or down by various economic forces. It is currently trading towards the bott