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Publication: European Stars and Stripes Friday, April 12, 1991

You are currently viewing page 16 of: European Stars and Stripes Friday, April 12, 1991

    European Stars and Stripes (Newspaper) - April 12, 1991, Darmstadt, Hesse                                Friday april 12, 1991 the stars and stripes a Page 17 nearly 80 percent of Federal tax returns filed so far this year have qualified for refunds according to the internal Revenue service. So far the irs has processed roughly 57 million returns  refunds for 45.6 million of them. The irs expects 113 million returns will be filed this year although several million of them will not meet the Midnight monday filing  overseas qualify for an automatic two month Extension and taxpayers who participated in operation desert shield storm have even More time to file. Conversion rates London up thursdays dosing rates for the us Dollar to other currencies. Figures Are expressed in dollars to the British Pound other local currencies in dollars Gold was quoted at $362 an ounce Silver at $3.99. April 10. April 11 British Pound 1 7765 1.7890 German mark.,. R1 6765 1.6655 French franc. 5 6560 5.6770 dutch  a1,89 belgian franc. 34 3375 34.5325 to asian lira1,247 00. 1,248,90 Swiss franc. 1 4245. 1.4125 greek . 181 30 a 161.95 turkish irra.3,738 50 3.738.50 saudi arabian Nyal. ,37504 3 7504 Spanish peseta.103 09 a 10343 portuguese escudo., 145 95 146.30 Canadian  1 1520 a. 1.1518 austrian Schilling. 11 75 11.7960 norwegian Krone. 6 4980 a 6.5210 danish Krone. 6 3975 6.4275 these Are unofficial rates As reported by wire service and banking sources and they Are listed to give some idea of daily currency fluctuations. A a v the Only official rate concerns the Sale of German Marks to . Personnel for personal use and this will be 1.64 Friday based on thursdays noontime Price fixing. New York Exchange a a new yer Kupi the 15 most Active stocks in new York Stock Exchange composite trading in wednesday. Slock sales last net chg. Tel Edyne inc. 7,119,800 19 % a off % Saatch Saatchi 3,661,600 1. Unch Motorola inc a a a 2,401.600. 62 % a a up 6% us Fig corp 2,195,500 12% up Upjohn co. A2,020.100 a 48% off % ism corp a a 1,924.300 Quot 111%. Unch us corp 1,658.600 32% up Pepsico inc Quot 1,653.600 a Quot 32% a up % Halliburton co 1,636.000 42% off 1 % Philip Morris 1.620.400 68 % unch Sunshine mining1,547,000 1 % off % Fedl Natl mate 1,506,200. 46 % of % get corp a 1,400,700 a �32%. Off % blockbuster ent 1 335.700 11% off % Dow chemical 1,331,500 47 off 1 % american Exchange Slock a a. Fort Floom. A huh Avert corp. Dow chemical it Energy service. Echo Bay mines National Patent a Weatherford inc Dia sonics inc. Amdahl corp Western digital the 10 most Active stocks in be composite trading wednesday. Sales last net chg. 768.100 15% up % 412,300 3. Off % 385,400 5% up % 342,300 2%. Unch 286,700 9% Oft % 266,600 4%. Off vib 204.900 5% up % 194,400 4% of t 88,2 00 .16 up a 182,700 a 4 off % Dow Jones new York Impi a Dow Jones closing Range of averages wednesday a a Quot 30 industrials 20 transports 15 uni Sites .63 stocks High 2902.48 1124.82 21630 1036.26 Low close 2848.51 2874,50 1103.84 1113.89 213.15 214 98 1017.654,1026 64 change up 1 48 up 2.29 up 051 up 1.30. A. A. A a. A amps Effie Doi Hort sgt. 1st class Charlotte Judkins right turns in a broken left helps translate for to Kekoni employee Marion Severni phone at the Mobile Telephone Soltice in Firth. Despina Hollis Center. Hollis son Timothy looks on. Families with hefty Telephone Bills get help from big sister program by Effie Bathen Nurnberg Bureau Furth g Crany a some whopping phone Bills Are adding to the anxiety of operation desert storm families. But with the help of Ronald Breitmeyer and other German a a unters some families Are learning of ways to ease the Burden of those troublesome Bills. Breitmeyer of the German bundles Post s Tele Kom division and the other volunteers Are taking part in the big sister program. The program helps american family members in the Nurnberg area so 1 be p Rob 1 e m s we i 1 e t h e i r so u so s a re stationed in the persian Gulf. Breitmeyer who Calls himself a a is Ecru tary for the Telephone company but a general for the big sister program a arranged for a Mobile phone office to open at the Community Exchange Complex in Firth on fridays. A among those he has helped were four or five people with Telephone Bills of More than $600, he said. A i am sure there arc More but they Are too shy or ashamed to come in to ask for help a Breitmeyer said. One woman ran up a phone Bill of More than $1,200. A i guess she just needs to be in touch with someone that she loves her family in the states  husbands gone. And her child is sick a Breitmeyer said. Those who do not pay their Bills promptly risk having their phone service Cut Olf and paying expensive fees to have it reconnected. Such fees can easily exceed $180. Tele Kom officials in the Nurnberg area have relaxed the requirements for some of these Security deposits in part because people like Breitmeyer have urged authorities to be understand ing. -. A a Quot. By. The reason behind the huge Bills is an upsurge in expensive Long distance Calls that families began making during the Gulf  Cost to place a direct Call from Germany to Chicago for instance is $1.91 per minute. Until the beginning of february the Cost to place a collect Call from saudi Arabia to Germany was $14.72 per three minutes. Since then the Cost for the same three minute Call was reduced to $6 44 under a special program for american soldiers deployed there. Several big sister volunteers said the main cause for skyrocketing Bills was that desert storm soldiers were calling their families in Germany and reversing the charges. A that was especially True after the ground War ended and soldiers wanted to it their loved ones know that they were All right a said Volunteer de Spina i Lollis. Anxious family members trying to Cope in turn were calling home1 to the states Inore t a n they o re m a t i 1 y Wou id Breitmeyer said. The problem was end pounded if Liei a were teen agers in the House doing the same. One woman who said that she could t Stop her daughter from. Calling a Boyfriend in Texas ran up a Telephone Tab of nearly $700 Lor january Breitmeyer said. If a customer has a Good credit history the volunteers help arrange payment plans that will allow the customers to repay High Bills Over several months. They May also recommend a Telephone meter be installed to help keep track of Telephone units. Telephone fashioned with a lock and key is an alternative to control  some cases where service would or Din airily have been turned off to limiters also have been Able to persuade Telephone authorities to permit at least incoming Calls to continue. A fall the Telephone company knows is this number a Breitmeyer said pointing to the upper right hand Corner of a customers receipt. A your desire is to help authorities see that there Are people be Hind it and there Are problems behind it.�?�. A. A a tax cheats underpay by $127 billion by Karen Tumulty the los Angeles times Washington a while millions of harried . Taxpayers Are Busy spending their last weekend before the april 15 deadline honestly computing their Federal income tax returns millions of other americans Are Busy finding ways to evade their Legal obligations by cheating. The internal Revenue service now estimates the a tax Gap a the difference Between what americans in total owe and what they actually pay a May reach $127 billion next year. That Means that taxpayers arc voluntarily turning Over less than 85 cents out of every Dollar the Federal government believes it should be receiving. And that does not include income from illegal activities or other Federal levies such As estate gift and sales taxes. Since All this Money must be made up by honest taxpayers or borne in the form of added Federal debt the problem of tax evasion is All the More aggravating because most of the cheating is seemingly done by people who Knovs better acid could afford to pay their share. Authorities attribute More than half the Gap to corporations self employed people and a sole proprietors a such As lawyers car dealers and physicians a and so called a a informal suppliers such As Street vendors Home repair workers and. Others who work strictly for Cash tax notes today a Virginia based tax monitoring publication offers this profile of a typical tax evader an upper income White Collar male who is single or divorced younger and College educated  
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