The Phaserl


The Commerce Department Will Throw You in Jail for Not Filling Out This Survey

from Sovereign Man:

Chances are that you’ve never heard of the International Investment and Trade in Services Survey Act that was originally passed nearly 40 years ago.

And chances are you didn’t catch the November 20, 2014 edition of the ‘Federal Register’, the US government’s daily opus of new rules and regulations that ran 331 pages that day.

So, chances are, you have no idea that the Department of Commerce might just want to throw you in jail right now. I’ll explain.

Back in 1976, Congress decided that they needed more information on US companies’ international trade activities.

So they passed a law requiring the Department of Commerce to survey the biggest businesses in America to find out more about what they were doing abroad.

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