Silver Stackers logo

Silver Stackers

Discussion forum for those
who love to stack precious metals

You are not logged in.

Announcement

Forum registration is closed. It will reopen on Monday.

#1 2015-05-03 21:07:00

adrenalin
Verified
From: Melbourne
Registered: 2009-10-30
Posts: 2,544
Trades :   39 
Website

Want to remove yourself from the Tax System?

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.


http://www.createafoundation.org/

Offline

The following 2 users say thank you for this post: Clawhammer, ginkaku

#2 2015-05-03 21:16:22

Clawhammer
Silver Stacker
From: Gone Fishin'
Registered: 2010-02-26
Posts: 9,501
Trades :   

Re: Want to remove yourself from the Tax System?

Adrenaline... where have u been?


Specialisation is for insects

Offline

#3 2015-05-03 21:21:50

adrenalin
Verified
From: Melbourne
Registered: 2009-10-30
Posts: 2,544
Trades :   39 
Website

Re: Want to remove yourself from the Tax System?

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 smile

Offline

The following 13 users say thank you for this post: Caput Lupinum, col0016, Clawhammer, House, dollars, renovator, Lunarowl, Gazza79, perthsilver, DanielM, adze67, Ozboy, Oldsoul

#4 2015-05-03 21:25:28

openeyes
Silver Stacker
From: Canberra
Registered: 2014-08-25
Posts: 224
Trades :   18 

Re: Want to remove yourself from the Tax System?

Nice work adrenalin.

It sure does take up more time than expected.

adrenalin wrote:

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 smile

Offline

The following user says thank you for this post: adrenalin

#5 2015-05-04 00:20:11

RetardedMonkey
Silver Stacker
From: Brisbane, Australia
Registered: 2011-04-13
Posts: 4,183
Trades :   75 

Re: Want to remove yourself from the Tax System?

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.

Offline

#6 2015-05-04 00:32:22

yennus
Silver Stacker
From: Shanghai:Sydney
Registered: 2010-10-24
Posts: 4,796
Trades :   431 
Website

Re: Want to remove yourself from the Tax System?

Anyone done this? Comments?

Offline

#7 2015-05-04 00:35:52

willrocks
Silver Stacker
From: Yesterday
Registered: 2012-05-10
Posts: 7,628
Trades :   29 

Re: Want to remove yourself from the Tax System?

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.


"You can ignore reality, but you cannot ignore the consequences of ignoring reality." - Ayn Rand

Offline

#8 2015-05-04 00:51:34

yennus
Silver Stacker
From: Shanghai:Sydney
Registered: 2010-10-24
Posts: 4,796
Trades :   431 
Website

Re: Want to remove yourself from the Tax System?

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

Offline

#9 2015-05-04 01:07:05

willrocks
Silver Stacker
From: Yesterday
Registered: 2012-05-10
Posts: 7,628
Trades :   29 

Re: Want to remove yourself from the Tax System?


"You can ignore reality, but you cannot ignore the consequences of ignoring reality." - Ayn Rand

Offline

#10 2015-05-04 01:11:57

Clawhammer
Silver Stacker
From: Gone Fishin'
Registered: 2010-02-26
Posts: 9,501
Trades :   

Re: Want to remove yourself from the Tax System?

179_george20-20the20human20fund20border20added.jpg

Last edited by Clawhammer (2015-05-04 01:18:35)


Specialisation is for insects

Offline

#11 2015-05-04 01:43:07

yennus
Silver Stacker
From: Shanghai:Sydney
Registered: 2010-10-24
Posts: 4,796
Trades :   431 
Website

Re: Want to remove yourself from the Tax System?

willrocks wrote:

I can't find any info on ato.gov.au

Offline

#12 2015-05-04 01:52:47

willrocks
Silver Stacker
From: Yesterday
Registered: 2012-05-10
Posts: 7,628
Trades :   29 

Re: Want to remove yourself from the Tax System?

yennus wrote:
willrocks wrote:

I can't find any info on ato.gov.au

The ATO typically don't promote this type of thing.

Also I don't think foundations appear on ABN or ASIC searches as they're 'Private'. Just like many trusts are.

Here's one of the ATO forms mentioned:
https://www.ato.gov.au/uploadedFiles/Co … 5_2012.pdf


"You can ignore reality, but you cannot ignore the consequences of ignoring reality." - Ayn Rand

Offline

The following user says thank you for this post: yennus

#13 2015-05-04 02:01:55

yennus
Silver Stacker
From: Shanghai:Sydney
Registered: 2010-10-24
Posts: 4,796
Trades :   431 
Website

Re: Want to remove yourself from the Tax System?

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

Offline

#14 2015-05-04 02:16:04

Golightly
Silver Stacker
From: The end of space and time
Registered: 2013-10-04
Posts: 1,403
Trades :   22 
Website

Re: Want to remove yourself from the Tax System?

Love these threads!


If you want a vision of the future, imagine a boot stamping on a human face - forever.

Offline

#15 2015-05-04 03:26:59

SilverDJ
Member
From: Australia
Registered: 2014-11-01
Posts: 2,527

Re: Want to remove yourself from the Tax System?

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?

Offline

The following user says thank you for this post: yennus

#16 2015-05-04 03:33:41

willrocks
Silver Stacker
From: Yesterday
Registered: 2012-05-10
Posts: 7,628
Trades :   29 

Re: Want to remove yourself from the Tax System?

SilverDJ wrote:

What's the catch?

Free rent and board for a few years?


"You can ignore reality, but you cannot ignore the consequences of ignoring reality." - Ayn Rand

Offline

#17 2015-05-04 03:44:56

House
Moderator/ Legend
From: Stack City
Registered: 2012-04-30
Posts: 9,635
Trades :   232 

Re: Want to remove yourself from the Tax System?

Isn't ikea non-profit?

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

Last edited by House (2015-05-04 04:04:56)


WBI- 41.16

"There's no point in paying a mortgage on an asset that is going to fall by 40 per cent or so in the next few years". Steve Keen, 2008.
Stacker FAQ'S. New threads welcome- http://forums.silverstackers.com/topic- … faq-s.html

Offline

The following 2 users say thank you for this post: willrocks, Clawhammer

#18 2015-05-04 04:16:18

RetardedMonkey
Silver Stacker
From: Brisbane, Australia
Registered: 2011-04-13
Posts: 4,183
Trades :   75 

Re: Want to remove yourself from the Tax System?

House wrote:

Isn't ikea non-profit?

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

Well....

This is insane lol

Offline

#19 2015-05-04 04:31:25

Clawhammer
Silver Stacker
From: Gone Fishin'
Registered: 2010-02-26
Posts: 9,501
Trades :   

Re: Want to remove yourself from the Tax System?

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.


Specialisation is for insects

Offline

#20 2015-05-04 04:31:39

sterling-nz
Member
Registered: 2015-01-20
Posts: 1,168
Trades :   

Re: Want to remove yourself from the Tax System?

SilverDJ wrote:

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?

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:)

Offline

#21 2015-05-04 05:24:38

willrocks
Silver Stacker
From: Yesterday
Registered: 2012-05-10
Posts: 7,628
Trades :   29 

Re: Want to remove yourself from the Tax System?

I'm sold. If it's good enough for IKEA, it's good enough for me.


"You can ignore reality, but you cannot ignore the consequences of ignoring reality." - Ayn Rand

Offline

#22 2015-05-04 05:29:08

whinfell
Silver Stacker
From: Australia
Registered: 2012-03-22
Posts: 3,321
Trades :   44 

Re: Want to remove yourself from the Tax System?

Clawhammer wrote:

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.

I think this is another of those Double Dutch-Irish sandwich conversations. wink

Offline

#23 2015-05-04 05:56:03

long88
Member
From: Melbourne
Registered: 2012-06-19
Posts: 763
Trades :   13 

Re: Want to remove yourself from the Tax System?

so i have:

1xx property
2xx car
3xx employee working for me.

how can i pay remove myself from the tax ?

Offline

#24 2015-05-04 08:16:10

yennus
Silver Stacker
From: Shanghai:Sydney
Registered: 2010-10-24
Posts: 4,796
Trades :   431 
Website

Re: Want to remove yourself from the Tax System?

Where can i find out how many 'non-registered' foundations exist in Australia?

Offline

#25 2015-05-04 08:30:56

AngloSaxon
Member
From: Sydney
Registered: 2012-10-26
Posts: 1,980
Trades :   

Re: Want to remove yourself from the Tax System?

More of that 'maritime law' nonsense.


Age Res Proprias Tuas

Now reading: Coming Apart - The State of America by Charles Murray.

Offline

Board footer

Powered by FluxBB