Title | : | How The Pandora Papers Actually Work - How Money Works |
Lasting | : | 13.44 |
Date of publication | : | |
Views | : | 2,2 jt |
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Sign up for my newsletter compoundeddailycom 👈 Comment from : How Money Works |
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good one Comment from : Eddy Steiner |
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My god that was an impressive video Comment from : FF Forsyth |
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Q: what about incorporating non profits into the mix to legally minimize taxes???? Comment from : Wompol |
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Amazing video, thank you so much! Comment from : Bahadır Sarıçiçek |
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A jetski jousting league actually sounds lit though Comment from : Joshua Brandmire |
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dont you have to pay the different chain of structures that the money is channeled through??? Comment from : Ghost-light |
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I actually wonder at what sort of turnover, and profit levels for a given entity, is all this complexity worth it?brAlso, at what sort of net worth for an individual does making a trust starts making sense? Comment from : David Thompson |
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im actually pro tax evasion It should be a flat rate Yeah, it sucks that other people make more than me, but when you go out and build your income from scratch, it really sucks when uncle Sam just sticks his dirty curropt ass fingers in your pie Comment from : W Devarien |
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Some country will eventually come after all the tax evaders of said country, opening the floodgates to other countries doing it to, I hope all these people holding offshore accounts, get penalized to the maximum of their holdingsToo bad tax agencies aren't seeing the full picture of these people's receipt,and the amount their countries are being ripped off for Comment from : Keith Pickering |
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Imagine thinking that governments having more money was a good thing That's how servile and brainwashed most of the populace is Comment from : Joseph Discovers |
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I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you bROCH DUNGCA-SCHREIBER/b Comment from : Steve Ben |
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Can someone sue a trust? Comment from : Night Fury |
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40 tax rates are for chumps These are just tools to perpetually defer taxes and make lawsuits too expensive to execute The other piece of this is borrowing operating capital and company assets with loans and writing off the interest Ironically the secret to weath preservation is not personally owning a physical asset Comment from : Sunnin Dawg |
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Is he advocating for how normal and above board all this is, or is he explaining how we need a separate holding company to maintain ownership of the guillotines? Comment from : paul brandson |
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5:06 nice Comment from : brain studio Mahatva |
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The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government Especially with the current economic crisis around the word This is still a good time to invest in various stocks, Gold, silver and digital currencies Comment from : Dylan Moris |
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My advice to new investors: Buy good companies stocks and hold them as long as they are good companies Just do this and ignore the forecasts and market views which are at best entertaining but completely useless Comment from : Georgia Moore |
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Great video! I really do have a question For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally What's your take on this approach? Comment from : Charles Joseph |
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I am disgusted by the use of holding companies, it kind of creates a sense of immunity and not being as accountable for your actions I'm sure there's legit companies who are more morally correct than others who still use these kinds of shortcuts, but they shouldn't need to if they aren't fucking their customers or workers over Comment from : Demigod852 |
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The paper background is making me nauseous Comment from : Róbert Andri Bryndísarson |
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Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them Well, at least my advisor does too, jokingly Comment from : Williams Robert |
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I would like to set up this kind of structure when I am rich Not because I want to dodge taxes, but because more layers means my identity is not revealed to the wider public Comment from : Jahim Uddin |
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This here is the $h*t brAndrew Tate often drop game on this sort of financial arrangement Comment from : Paul Arsenio Conteh |
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The perpetrator came from corporate crime bosess and under boss that using banking facilities as vault to launder their ill gotten cash A proper screening at banking is essential to hit hard on the crime organization globally Comment from : db bobjb |
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Thanks bud for keeping us financially Educated! Regardless of how bad it gets on the economy, I still make over $28K every single week Comment from : Deepak Yadav |
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Who Owns What We Need A List Of Names with banking Comment from : Glenn Hertel |
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IT'S A BUNCH OF CRAP TO CONFUSE US AND GET OUT OF RESPONCIBILITY Comment from : Glenn Hertel |
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Were is Our Money,,, IT'S TAX TIME Comment from : Glenn Hertel |
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Every family has that one person who will break the family's financial struggle , I hope you become the one 😊 Comment from : India Culture |
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Disheartened by this? I’d like to get in on it! Comment from : Ericson HAZELTINE |
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What I don’t get is, why should there be a global minimum tax?brbrIt’s a bit too much democrats imhobrWhere would they get the money for their own champagne?brThe obvious answer is that they seem to have the right to tax people and companiesbrbrThat is the way that was used way back by kings and warlords to fund their wars and their palaces!brFunny that democrats are the new emperorsbrFunny too that they use appears to create their own wealth and at the same time criticizing companies and their owners… Comment from : Hans Magnusson |
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Human-made mechanismen should copy more of nature:brbr- Only natural Persons and not such misleading fiktiv structuresbr- Debt based money (to get plus someone has to be at minus, there is no minus in nature)br- Working power of Money (0 but by imagination other)br- Need not greed (how can someone be in 5 houses or cars at the same time?) Comment from : Dani Jel |
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Taxation is theft “ill gotten gains” describes taxation perfectly The government is like business partner who contributes nothing, shows up to take the biggest cut, and disappears when there’s trouble Comment from : Som Guy |
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that wealthy businessman who stole the trust initially calling it "adoption" is now the target Comment from : Jen |
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Isn't anyone going to address the amazing fact that we still do not have a jet ski jousting league? Comment from : Chris Langschmidt |
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Sounds like a good way of handling divorce 😅 Comment from : Robin Tau |
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What would it cost to set up this structure? Comment from : Andres Lozano |
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“Hey guys, today we’re going to learn how to NOT set up a criminal international drug empire-“ is basically this video but for any other type of business Pure gold 😂 Comment from : Michael Vanover |
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I need a holding company and trust Comment from : 420BudNuggets |
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Watched this video, went straight to buy a lottery ticket 🎫 😅 all jokes aside great info! 👍 Comment from : J Smith |
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IF not established for avoiding tax this is legal and all famous large corporations are established in a similar manner It is legal to pay less tax by incorporating in a lower tax jurisdiction Besides, the biggest benefit of a such structure is the protection of assets against con artists and greedy people (and some governments too) In the EU every citizen has the right to establish and conduct business incorporated in EU jurisdiction with the lowest tax However, it is funny how authorities love to call this structure illegal while at the same time they tax their citizens heavily and deliberately They 'hunt' such entities but they rewarded their banks that financially ruined the world during the 2008 crisis and made 100x larger damage to society With taxpayer's money of course Isn't that hypocrisy Comment from : Daggen |
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This is one of the best informational videos ive ever seen Comment from : Jodus MacGotuss |
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No reason to consider going offshore unless you're worth 100m or better Comment from : Todd Michael |
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Jay Newman's "Undermoney" will help all of you fangirls more if any of you still read Comment from : Todd Michael |
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This was a really interesting video! I’m so glad several real actions happened from these papers Comment from : Rewindx |
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What about protection from a divorcing spouse ? Comment from : Mike Sorensen |
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It's time for a jet ski jousting league! Comment from : Ocean view |
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sooner or latet Trust is going to be illegal Comment from : At Transsion |
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Most people venture into crypto to be a millionaire meanwhile I just want to be debt free Comment from : Lisa Carter |
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The irony is that I get some ads about turtle trading while watching this video 😂 Comment from : Naftaël Science Facts |
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Thank you for this good video, I learned a lot! Unlucky that you learn nothing from that in a foundational economics degree Comment from : Erik |
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I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you bROCH DUNGCA-SCHREIBER/b Comment from : Sanae Fes |
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I bet the billions of dollars paid back to tax agencies were used in useful ways Comment from : Leo N Blanco |
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The tax system was created to benefit corporations not individuals, nothing prevents anyone to create a corporation n benefits from a perfectly legal system It might not be ethical but its the game Learn the game and play or focus on your life which is all you have control over Mankind will evolve at some point where money n greed won't be important, we are not there yet Comment from : Tom X |
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The music in the back is so annoying Comment from : Anjali Bhatnagar |
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If you want a real look behind the curtain of how global elites actually operate this would be it Also how about the deafening silence regarding these PANAMA PAPERS How can the most important news story since Edward Snowden get totally ignored and buried by the fifth estate? Sure the media will investigate everything except itself and it's complicity with a corporate overthrow and hostile takeover of democratic government Comment from : Roger |
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Always remember, income tax was abolished for a while in the past Comment from : EF |
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If you want to be successful have the mindset of the rich spend less and invest more don't give up your dreams Comment from : Joseph Williams |
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Currently trying to decide whether to hate taxes or tax evasion more 🤔 Comment from : Aidan Tilgner |
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Can we please just take a moment to appreciate how good of an idea the "JetSki Jousting League" coule be?! Let's Crowdfund it ASAP and make hella 💰 off these Trustfund Douchebags 🤑🤣 Comment from : Niranjan Kumar Jha |
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INDEPENDENT OF FEDERAL REPUBLIC OF BIAFRA 28/09/1982 Comment from : Eze Chinedu |
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Maybe if the taxation and regulation wasn’t so onerous in their home countries, wealthy people wound not find it necessary to setup all these schemes Comment from : Eric The Half Mexican |
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The funny thing about these "shady global elite", is Westerners usually put up pictures of Putin and other 2nd world and 3rd world elites But rarely ever the super rich in US and Europe Comment from : altGoolam |
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Understanding personal finances and investing will most likely lead to greater financial independence By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money A trader made over $350k in this recession influenced market Comment from : Riggs Nicole |
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TAXATION IS THEFT Comment from : BelligerentTruth |
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Quick story:brbrWhen I was in sixth form college in jamaica I could leve school anytime without question being asked Also I go to school if I want College was preparing you for University brbrBut there was regular high school in the same institution, first to fifth formers They complained everyday how its unfair for sixth formers to get so much privilege and they don't have them brbrEventually all the privileges were taken away and now those complainers no longer have any privilege as sixth formersbrbrbrMoral of my story: be careful during your formative years you get resentful of those with more than you When you become the object of your resentment, the new rich or wealthy, you will be sorry you no longer have the privilege you destroyedbrbrNobody wakes up one day asking how can I pay government more taxes! I want to be among the resented so I don't resent the rich and powerful Comment from : Jevaughn Clarke |
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Ok but trust relate to people who die and money is only distributed upon death right? Comment from : Jesse Hoppe |
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The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that doesn't depend on the govt Especially with the current economic crisis around the world> Comment from : Susan Nico |
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Did you watch GoldMafia?brbr How were they doing it? Comment from : Momentum Stocks |
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Well, that's as dodgy as as it gets Comment from : Momentum Stocks |
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What if I were to tell you that I’m using a slightly altered version of that 🎉🎉🎉🎉🎉🎉🎉 Comment from : John Simpson |
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Who gives a fuck if it is legal? The important questions are: 1) is it LAWFUL? Learn the difference 2) It is to, how do we say, "minimise" tax WHY ARE YOU PAYING TAX AT ALL? Personal income tax is VOLUNTARY! WAKE THE FUCK UP PEOPLE! Comment from : omega royal |
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Better still trustee company is actually a legally established microstate/micronation Don't believe me? Start researching friends Micronations are easily founded and obtaining legal status and clarity is even more simple NOW, that's a wrinkle nobody saw coming Comment from : Pensez A Moi |
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Knowledge is indeed Power❤ Comment from : $hmoke¥_1738 |
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If you have trademarks and might possibly get sued for using your trademarks where you are not supposed to, which entity should own the trademark, the company that does business or the holding company? Comment from : Mike Vinitsky |
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Can the trustee not be the person who is also the beneficiary? Comment from : Finn Wendt |
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The narrator is gonna be pissed with himself when he gets rich Comment from : Techno |
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This will not work soon unless you are wealthy enough to pay your freedom fees Comment from : Sammy D |
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Most people venture into crypto to be a millionaire meanwhile I just want to be debt free Comment from : Precious Chinatu |
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Job will pay your bills, business will make you rich but investments make and keep you wealthy , the future is inevitable Comment from : Linda Álvarez |
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Just saying - A jet-ski jousting league would be a solid investment if you have any kind of media presence and sponsorship $1M would be cheap to start such a thing Comment from : Eric Wesley Mobley |
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N, / Comment from : acey msweli |
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I say “Good for them” lol Comment from : DJ |
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I say “Good for them” lol Comment from : DJ |
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So how much do you need to be making before its worth setting these structures up? Comment from : PrettyGreenMonk |
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Global minimum tax is bad Each country should maintain their sovereignty over their tax policies based on their unique situations Comment from : D F |
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Are the new regs retroactive? Say Clinton foundation or Bush foundation??? Comment from : Preston hughes |
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What about foundations? Comment from : Swoon Drones |
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Lazy people feel entitled to other people’s money! Comment from : Homo Deus |
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Why are things changing for the better? Who is benefitting, if the rich have it harder to hide their funds? Of course the poor do, but they have no means to push for this So who is? Comment from : GRIM Horror |
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Thank you for this wonderful video! I have incurred so much losses trading on my ownI trade well on demo but I think the real market is manipulated Can anyone help me out or at least tell me what I'm doing wrong? Comment from : Xavier Austin |
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Probably the best video on the topic Most people sensationalize the offshore finance industry as how "The rich steal taxes from YOUUUU" but there's really nothing that complex or menacing about it Comment from : coolstuffifound |
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Your attempts at humor take away from the message Please less of that Comment from : James Moran |
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Tax is for the poor, any idiot who believes is their duty to pay taxes, is a fool Comment from : Tyler Alexander |
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