OBM OrangeBee Money

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OrangeBee Private Monetary System


OrangeBee
Legal?

 

In 1982, the United States Congress enacted the Tax Equity and Fiscal Responsibility Act (TEFRA Act), OrangeBee Private Monetary SystemTM, Inc. (OBMTM) operates under the provision of this Act. For Tax purposes OBMTM is normally taxable in the year it is earned and reported to the IRS just as bank interest and income are reported. OBMTM recommends Account seek advice from Tax Experts. OBMTM is not Legal Tender as defined by the US Congress and OBMTM Account’s account is not insured by the Federal Deposit Insurance Corporation (FDIC) or any other such governmental or quasi-governmental agency.



 
     
  
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