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Thinking about going offshore, think again
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SEBtopdog
Kevind53
6 posters
Thinking about going offshore, think again
Hello,
Last night I received an email for an offshore trust sells diatribe! Well you may want to think again about going offshore???? Go to this link and read, it may change your mind now that the US has changed the laws. http://www.uncommonwisdomdaily.com/where-40b-in-u-s-assets-could-be-heading-this-year-15722?FIELD9=1
If you want good asset protection, you can get that right here in the good ol USA through SPA or Blind Trusts as some call them. Here is the statute that gives you income and capital gains tax relief for irrevocable trusts who do not give any distributions to beneficaries in the taxable year of the gain. 26 USC sec. 643(a) and then read (3). google it! Also, this applies to any investment that is not the normal course of business, such as the the Dinar. It will blow your mind! ......and they will never close this loophole because even the Pesident and Congressman are using this to their advantage.
God Bless,
Last night I received an email for an offshore trust sells diatribe! Well you may want to think again about going offshore???? Go to this link and read, it may change your mind now that the US has changed the laws. http://www.uncommonwisdomdaily.com/where-40b-in-u-s-assets-could-be-heading-this-year-15722?FIELD9=1
If you want good asset protection, you can get that right here in the good ol USA through SPA or Blind Trusts as some call them. Here is the statute that gives you income and capital gains tax relief for irrevocable trusts who do not give any distributions to beneficaries in the taxable year of the gain. 26 USC sec. 643(a) and then read (3). google it! Also, this applies to any investment that is not the normal course of business, such as the the Dinar. It will blow your mind! ......and they will never close this loophole because even the Pesident and Congressman are using this to their advantage.
God Bless,
Guest- Guest
Re: Thinking about going offshore, think again
I guess when people use to say put money in a swiss bank account...that time is now over.
Guest- Guest
Re: Thinking about going offshore, think again
Yes, your right. I know someone who is in prison right now for not disclosing his Swiss Accts. to the IRS.punisher wrote:I guess when people use to say put money in a swiss bank account...that time is now over.
Not me, no way!
Guest- Guest
Re: Thinking about going offshore, think again
Thanks ... and welcome back
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-09
Age : 24
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Re: Thinking about going offshore, think again
Yikes! Wouldn't that just be the ultimate irony to have waited all this time for an increase in value of the dinar, only to end up in the clink and unable to spend the cash? Nope, I'm not fond of group showers.[/mention] wrote:Yes, your right. I know someone who is in prison right now for not disclosing his Swiss Accts. to the IRS.[mention]punisher wrote:I guess when people use to say put money in a swiss bank account...that time is now over.
Not me, no way!
*****************
Keep smiling ... It'll make 'em wonder what you're up to!
Will someone please let the RV Widget out of the jar?
SEBtopdog- VIP Member
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Join date : 2011-07-07
Age : 75
Location : Somewhere over the rainbow
Re: Thinking about going offshore, think again
Just be careful not to drop the soap!
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!
Re: Thinking about going offshore, think again
Income tax avoidance is very different than income tax evasion. Evasion is illegal. Offshoring is still safe if done correctly. The inventor of the SPA (Special Power of Appointment) trust and the 541 Trust sets up IBC (International Business Corporations) all the time. Then you can live abroad and invest abroad and trust me, foreign investments will outperform domestic shell game investments. Remember, paper assets are definitely worth the paper they're written upon. That's ALL!
There are hundreds of scammers who use all manner of obscure trusts and silly patriot crap ideologies and their clients end up in prison. Cluster Trusts, Family of Trusts, and Packages of Trusts are all common terms you'll hear from the scammers and my advice is to RUN!!!These are common amongst evasion schemes. There is a Guru out there heavily promoting these and he is going to cause a lot of pain and needless suffering among those who errantly trust his advice. Be Ware!
There are hundreds of scammers who use all manner of obscure trusts and silly patriot crap ideologies and their clients end up in prison. Cluster Trusts, Family of Trusts, and Packages of Trusts are all common terms you'll hear from the scammers and my advice is to RUN!!!These are common amongst evasion schemes. There is a Guru out there heavily promoting these and he is going to cause a lot of pain and needless suffering among those who errantly trust his advice. Be Ware!
*****************
A man who wants revolution without blood wants crops without plowing
RELIX- Elite Member
- Posts : 238
Join date : 2011-10-23
Age : 60
Location : North Idaho
Re: Thinking about going offshore, think again
In prison. soap on a rope would be your best bet, jus' sayin'-
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: Thinking about going offshore, think again
Or just pay the biggest, toughest, seasoned bad tailend in the place to watch your back. Thats watch your back not wash your back.
Regal Beagle- Active Member
- Posts : 59
Join date : 2013-04-21
Re: Thinking about going offshore, think again
you have to do alot of research and then get professional help but in panama they do not give info on americans who have money there and this is fact
Jayzze- VIP Member
- Posts : 5986
Join date : 2011-06-23
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