Want to remove yourself from the Tax System?

Discussion in 'Wealth Creation & Management' started by adrenalin, May 4, 2015.

  1. adrenalin

    adrenalin New Member

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    A friend attended the Freedom Summit Seminar
    and showed me some info on how to get out of the Tax System.

    This guy has found a way to do it legally.

    Even if you still want to pay tax, watch the first 15 mins of the second video.
    It's an eye opener on how this system of tax came into existence and how you voluntary entered into it.
    But there is a way out of it! Watch the full vids to see how to voluntary get out of it!

    Let me know what you think. My mate is trying it after this financial year finishes.

    [youtube]http://www.youtube.com/watch?v=tkViV3mH8DI[/youtube]

    [youtube]http://www.youtube.com/watch?v=6hT3QGKBoxw[/youtube]


    http://www.createafoundation.org/
     
  2. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Adrenaline... where have u been?
     
  3. adrenalin

    adrenalin New Member

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    Being a new Father to a baby boy has taken up lot more time than expected! lol
    Spending time with him is more precious than bullion :)
     
    House likes this.
  4. openeyes

    openeyes Well-Known Member Silver Stacker

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    Nice work adrenalin.

    It sure does take up more time than expected.

     
  5. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Interesting second video.

    I watched the first 15-20 minutes of it and was going to turn it off, sounded like a lot of bollocks, so I am glad they got into some of the more technical aspects of a foundation.
     
  6. yennus

    yennus Well-Known Member Silver Stacker

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    Anyone done this? Comments?
     
  7. willrocks

    willrocks Well-Known Member Silver Stacker

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    I'm all for them, and it'd be great if there was a 100% chance of not having an audit / ATO legal battle sometime in the future.
     
  8. yennus

    yennus Well-Known Member Silver Stacker

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    Why can't I find any public information about them? (e.g. ATO, ASIC, website etc)
     
  9. willrocks

    willrocks Well-Known Member Silver Stacker

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  10. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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  11. yennus

    yennus Well-Known Member Silver Stacker

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  12. willrocks

    willrocks Well-Known Member Silver Stacker

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  13. yennus

    yennus Well-Known Member Silver Stacker

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    Where can I find some independent info about 'foundations' from?
     
  14. Golightly

    Golightly Well-Known Member Silver Stacker

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    Love these threads!
     
  15. SilverDJ

    SilverDJ Well-Known Member

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    Ok, so what's the deal?
    If non-profit "foundations" are so magical why doesn't everyone use them?
    And they kept saying in that 2nd video that you make your own rules, charge what ever you want to the foundation, and then decide (or not) to pay whatever percentage of "surplus" toward your foundation "goal".
    And there is no government or tax department oversight, like it's some magical untouchable tax-free fairyland.
    What's the catch?
     
  16. willrocks

    willrocks Well-Known Member Silver Stacker

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    Free rent and board for a few years?
     
  17. House

    House Administrator Staff Member

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    Isn't ikea non-profit?

    Edit: still is and is getting away with paying 3.5% by doing this;

    [youtube]http://www.youtube.com/watch?v=xvxRePIv85Y[/youtube]
     
  18. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Well....

    This is insane lol
     
  19. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    I thought IKEA was Swedish!?.
    I guess this explains how a Swedish company could actually survive its country's crippling tax and labour laws!
    Its really Dutch.
     
  20. sterling-nz

    sterling-nz Well-Known Member

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    Just at a guess as i have not watched this video yet i would say that the main reason (if this is doable) would be the amount of effort required to do this.
    Good old John and Jane Doe are most likely not going to have the nouse or the inclination to do this sort of thing .
    For that matter J & J Doe may not even understand the massive savings that could be had by using any loop holes.
    When all is said and done, if it is doable then the less people that know about the better.
    Taking the time and expense to close a loop hole used by a few is not time well spent, should the MANY get on board then this would dam the loop hole.
    Shall have a look at the vid tomorrow and then update my view:)
     

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