Do you value your personal freedom?  Do you fully comprehend that it is completely dependent on your ability to conduct your financial business in privacy?  And you understand that there is no such thing as “privacy” when it comes to banking?

There are ways around this, though!  The solution has been used for centuries and is still as valid as ever.  You just need to learn about it - and learn to use it right, so you do not come in trouble with the law.

All modern governments abuse their citizens’ legal rights to personal freedom - for the purpose of controlling them, so they can tax them.  Taxes mean money - and money means power.  All governments depend on power - and want more of it!

If you like George Orwell’s predictions in his works “1984″ and “The Animal Farm”, then just do nothing, and your dreams will come true….

However, if those dreams represent a nightmare to you, then you will like ‘The Doggy Bone‘ and all the tips you can get about how you can protect what is YOURS - including your personal freedom, first and foremost!

From the desk of Mogens Eliasen, for immediate release This article may be reprinted without further permission when brought in its entirety, including the bio the end.

January 20, 2004

There isn’t much point in owning a business offshore. For tax purposes, this ownership of a foreign business is just as good as the ownership of a domestic business, as far as your income tax liability goes. But you do not need to retain ownership of your International business. You do not even need to be in legal control of it. Doing business without being the owner You can establish an International Business Corporation (IBC) that is owned by a Trust or a Foundation. Those entities can be set up in many ways. What matters
here is that they can be set up in such ways that there will be no public record
anywhere in the world that relates your name to such an entity - other than the
administrator of it.

This administrator (the Trustee for a Trust and Council for a Foundation) will have
just as little interest in disclosing your identity to any government as the Swiss
banks have. And they have been successful at managing their business this way for
centuries….

The challenge is to set up a structure that allows you to be the one that actually
makes the important decisions - without providing any legal obligations for you to
identify yourself on any public records.

Because of the different legal structure of Trusts and Foundations, the details of how
exactly this is done are different. Let it suffice here to let you know that it is
possible to such a degree that the only source of this information your government
will have is YOU… Despite the apparent complexity, there are two great things about this kind of solution:

A. The total cost is within reach for any profitable business. Subject to whom you
get to establish those International entities for you, you are looking at an
investment of $3,500-5,000. (If this is too much to pay for the freedom from
ever having to pay income tax on your business profits, then please quit
complaining about your taxes!)

B. The total amount of bookkeeping and paperwork involved for running your
business will decrease! The reason is that you really don’t need to care very
much about forgetting some tax-deductible expenses on the records - you are
2 not paying any income taxes anyway! And your Trust/Foundation and IBC do not
have to do any filing of any financial statements at all!

So, why isn’t everybody doing this? I know three answers:
1) They did not know that this was possible…
2) They thought it was far more expensive…
3) They thought it was illegal…

About 1: Well, it is possible - I can help you….
About 2: If you go to a lawyer, you can easily spend some $10,000 on this, if not
more. But you know now that you don’t have to do that….
About 3: I do suggest you get some diligent legal advice, though. There is nothing
illegal in doing what I suggest. But you might have to be cautious about how you
deal with the specific money transactions between yourself, your business, your IBC,
and your Trust or Foundation. There is no point in creating any legal problems for
yourself that could have avoided.

Problems will, unfortunately, quickly knock on your door if you try to manage your
offshore business the same way as you would manage a traditional business. And
that will easily happen if you do not fully understand the legal properties of your
offshore entities. You have to conduct all transactions in full compliance with the
rules and with respect for the laws that apply for those legal entities. (Yes, there is
some education involved – but that was also the case when you learned to drive a
car! And now, you probably don’t even think about stopping for red… you just do it
per reflex.)

This warning is particularly relevant if you live in the USA or are a US citizen – or
both! The US government is the world’s greediest when it comes to taxing its
citizens. It demands taxes on ALL income, regardless where in the world it was
generated. (Most other countries restrict their tax demand to income generated by
residents in the country – which makes far more sense.)

The are two important aspects of this:
1) Regardless the intention, not even the US government has the power to carry
through on its desire to control what its citizens do in other countries, unless
these countries volunteer the information. Besides, it truly is none of the US
government’s business, as far as International law goes.
2) This control attempt is in severe violation of not only the US’s own constitution,
but also a dramatic intervention into other sovereign nations’ internal affairs.

3 You have two options in response to this:
A. You can choose to fear your government, lay down your weapons, and let it
completely control your financial life and you.
B. You can take advantage of the fact that there will never be an end to other
nations’ creativity when it comes to doing business with US citizens, whether or
not their own government likes what they do.

The fact is that other governments make good money on offering you these
possibilities for conducting business from a tax haven. And the USA has nothing to
point fingers at: “Uncle Sam” himself offers “non-resident aliens” the possibility of
conducting tax-free business with US legal entities!

Conclusion
Paying income tax on your business profits is really a matter of choice; you can
organize your business Internationally in such a way that you eliminate your liability
for income tax. You do this by accumulating the profits from the operations of an
IBC in another country. This IBC is not owned by yourself but by a Trust or
Foundation in a third country, and this owner is set up so your relationship with it
cannot legally be identified with “ownership” or “control” in a legal sense that
creates liability. With such a three-country set-up, you can enjoy all benefits from
the profits you generate in your business, and never have to pay a dime in income
tax.

For a more thorough discussion of this topic, including a full layout of the concept,
please check my e-book “Using the LAW to Eliminate Your Business Income Tax”.
Sincerely,
Mogens Eliasen
——————————————-
Mogens Eliasen holds a mag. scient. degree (comparable to a US Ph. D.) in Chemistry from Århus University, Denmark, has an extensive military education in tactics and Intelligence services, and has 30+ years of experience working as business entrepreneur and education planner, and as consultant for small business owners and private investors in Europe and North America. He is a strong advocate of personal freedom, and has published several books and home-study courses on topics related to using International
law in order to obtain financial liberty. He publishes a newsletter “The Doggy Bone” containing lots of tips and advice on matters pertaining to personal rights, “going offshore”, asset protection, and legal ways of avoiding tax liability.

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