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SPECIAL NO COST OFFER
RESOURCE GUIDE
Taxes Dept
Citizenship Dept
Investments Dept
Banking Dept
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| Taxes Dept | |
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UBO-Privacy & Tax Tool of the Astute |
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| "Taxpayers are not required to continue that form of organization which results in the maximum tax." R.P. Motor Co. v. Commissioneer 246 F.2d 509 One tool that has been used for many generations by those 'in the know' to legally avoid the 'maximun tax' is the UBO (Unincorporated Business Organization). What is a UBO? Quite simply, it's a legally recognized business entity created by contract which takes on the 'form' of a trust. It however, is quite distinct from the statutory/civil law entity commonly known as a 'trust', as it maintains some very peculiar characteristics which offer some very unique and powerful benefits. The'Living Trust','Inter-Vivos', or'Testamentary Trust' touted by the so-called financial 'experts' has few of the advantages that a UBO can offer. In fact there are many detriments. For example: the UBO is formed under common law and is not subject to statutory law (no restrictions); the UBO has no registration requirements (privacy); the UBO has no costly maintenance requirements; it can own any asset and operate any business or large corporation; IRS has admitted in writing that in regard to taxes, it has 'no filing requirements'; it is supported by more than 5000 court decisions including over 1500 by Federal Courts and 144 by the U.S. Supreme Court-no decision has been overturned; many other advantages are too numerous to mention here. Request your FREE issue: Volume1, Issue1 to get the whole story! |
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