Andrew's Tate Zero Taxe Advice. (Works in UK and USA !???)

[JohnLocke]

I'm mostly surprised that this thread is still going strong after a good year or so!

 

[AtlasShrugged]

I'm mostly surprised that this thread is still going strong after a good year or so!

I'm not sure what you mean by going strong. Half of the posts are plain gossip and very little about tax structure.

 

[JohnLocke]

I'm not sure what you mean by going strong. Half of the posts are plain gossip and very little about tax structure.

Still there are replies including yours.

 

[AtlasShrugged]

Still there are replies including yours.

Yes, but I wish it was a bit more on topic. Although I heard he's also being investigated for tax evasion, so maybe his structure wasn't so good to begin with, especially admitting to not paying a penny in taxes while not residing in a 0 tax country. But I guess it's one of his many mistakes of bragging about his alleged crimes, whether he's guilty of them or not.

 

[jafo]

Why are there so many posts on this forum that say otherwise? I recently read about a guy from the Estonia that was willing to put half a million in a bank in Monaco + crazy rent to get a tax residency there. Why even bother when you can do some shady setup and get away with it ... legally?

Personal answer here...

This is an EASY answer = PEACE of MIND + EASE of doing business + NEVER EVER having to look over your shoulders.

Think of it akin to moving OUT of the GHETTO (e.g., Tijuana, Mexico) and into Sentosa Cove in Singapore.

PS. You can get away with having money and luxury in Tijuana, Mexico, but you are always on guard so others don't rob you...and the "unbadged criminals" are the LEAST of your worries.

I haven't seen it, but the words BBC and documentary in the same sentence don't really have much credibility so my expectations are low. I'm glad they finally found their moral compass, though, protecting the vulnerable from the words of Andrew Tate after letting Jimmy Saville operate unabated for decades.

I wish I could upvote you more. I wished OCT had a tip button (in crypto). Rewarding people for telling the truth would be amazing!

Lol. Of all the things happening right now, Andrew Tate telling you to keep your woman in check is dangerous for the world.

#Bingo!

But I guess it's one of his many mistakes of bragging about his alleged crimes, whether he's guilty of them or not.

Source: Thomas Quick: the Swedish serial killer who never was

 

[AtlasShrugged]

Thomas Quick: the Swedish serial killer who never was

I think you or someone else shared it before, which was the first time I read about that case. It makes you think of all the innocent people like Shakira or Berth Milton Jr for instance. People working for the government will always be aggressive psychopaths, nothing new under the sun. It's not illegal (in most places I think?) to say you committed a crime, but knowing how governments are these days, it's the dumbest thing you can do. Andrew Tate might not be guilty, but it's completely retarded with todays aggressive tax authorities to operate such a business model which he did and at the same time brag about not paying taxes + grooming girls.

For those of you who don't know Berth Milton. He might not be as famous as Shakira. But he's from Sweden who ran a pornographic empire. The Swedish tax authorities claimed he was a Swedish tax residence based upon some bogus accusations while he was residing in Spain and paying taxes there. The result now is that he has the highest debt in Sweden's history, and he's been living in exile for more than twenty years. When you're wealthy, the best you can do is to fly off the radar and keep your mouth shut.

This is an EASY answer = PEACE of MIND + EASE of doing business + NEVER EVER having to look over your shoulders.

Think of it akin to moving OUT of the GHETTO (e.g., Tijuana, Mexico) and into Sentosa Cove in Singapore.

PS. You can get away with having money and luxury in Tijuana, Mexico, but you are always on guard so others don't rob you...and the "unbadged criminals" are the LEAST of your worries

I get what you're saying, but Romania isn't a ghetto though. I would rather be there than any enriched western nations, Monaco and Switzerland are exceptions.

 

[jafo]

Romania isn't a ghetto though

I apologize for this euphemism. This is NOT what I literally was trying to convey.
Given that ANY Ghetto/Shantytown is better than dealing with gang members under the ruse of government, I would much rather avoid "government thugs" than "street thugs." So, instead of having money in Romania or anywhere else and dealing with the "personal income tax thugs," it's better, for me at least, to be in Monaco, where such "evil" does NOT exist.

In street terms, I would rather do my daily walks through Sentosa Cove in Singapore, where there are NO thieves, than in Tijuana, Mexico.

 

[pixbix]

Andrew Tate: opSEC, Business, Offshores, Money, women , problems

It seems that he has already moved his main company, "the milking cow one", to Saudi Arabia. One thing that I believe he does is that he does not cashout dividends at all, as I thought he was being paid a salary of 1 million dollars per week. This helps him in two ways:

1. Salary is usually taxed in the country where the company is registered, as I have seen on many contracts for avoiding double taxation, etc.
2. He cannot be accused of owning the company, because he does not receive dividends from it. It's like creating a Trust A that owns company B, and company B pays you a salary. This way, no one can accuse you of operating the company from Japan, Poland, etc.

 

[Propeller]

I wonder when we will see the BOT's and people from his marketing department show up here to defend him in this thread.

 

[AtlasShrugged]

So, instead of having money in Romania or anywhere else and dealing with the "personal income tax thugs," it's better, for me at least, to be in Monaco, where such "evil" does NOT exist.

I see. I agree, if you reach such a level of income that it'll be profitable to relocate there. Romanian tax authorities are just as aggressive as any other in the EU.

Andrew Tate: opSEC, Business, Offshores, Money, women , problems

It seems that he has already moved his main company, "the milking cow one", to Saudi Arabia. One thing that I believe he does is that he does not cashout dividends at all, as I thought he was being paid a salary of 1 million dollars per week. This helps him in two ways:

1. Salary is usually taxed in the country where the company is registered, as I have seen on many contracts for avoiding double taxation, etc.
2. He cannot be accused of owning the company, because he does not receive dividends from it. It's like creating a Trust A that owns company B, and company B pays you a salary. This way, no one can accuse you of operating the company from Japan, Poland, etc.

Aren't salaries taxed in Saudi Arabia? Speaking of Saudi, I remember a few years back when the new king was hungry for money and started arresting the wealthy old princes and blackmailing them for money. If I remember correctly there was also other businesses there which were affected, not related to the royal family. Not so sure if I would ever incorporate a company there. It seems like a desperate move if true.

I find it odd that he can't be accused of owning the company when he's the center of its attention.

 

[pixbix]

So....

1. he ask others to create a Company

and

2. he gets paid 1 million USD/week salary, if the salary is taxes 0% in Emirate/Qatar/Saudi, he can sit anywhere in the world as he gets an income, and not dividends, he will just show up his Employ ID and say he is working there.

 

[JohnLocke]

So let's hope this all turns out to be true and not just some amazing tale to rake in more cash. Personally, I'd never put my trust in a scoundrel like that.

 

[pixbix]

" So, instead of having money in Romania or anywhere else and dealing with the "personal income tax thugs," it's better, for me at least, to be in Monaco, where such "evil" does NOT exist.

How do authorities in Monaco behave when it comes to "rape" ,and i mean those "false , feminist type accusations of rape, like when a girl has sex with a rich man but she is a little bit dizzy, because of drugs/alchool , or she was just feeling very<<high>> "? I know it's a very touristy area, possibly with many high-end escorts. Ironically, here in Romania, accusations of rape are taken very seriously, and 90% of men accused of rape end up in prison, where they are usually abused by other men, and the guards are indifferent. Here, you can be accused of rape solely based on the word of the girl, and the fact that she has a medical report stating that she was raped, like she went to a psychologist, or told a friend, all of which would not be evidence in other cases because they are not conclusive.

 

[jafo]

How do authorities in Monaco behave when it comes to "rape" ,and i mean those "false , feminist type accusations of rape, like when a girl has sex with a rich man but she is a little bit dizzy, because of drugs/alchool , or she was just feeling very<<high>> "? I know it's a very touristy area, possibly with many high-end escorts. Ironically, here in Romania, accusations of rape are taken very seriously, and 90% of men accused of rape end up in prison, where they are usually abused by other men, and the guards are indifferent. Here, you can be accused of rape solely based on the word of the girl, and the fact that she has a medical report stating that she was raped, like she went to a psychologist, or told a friend, all of which would not be evidence in other cases because they are not conclusive.

I'd be lying if I told you I knew. As a matter of precaution, I do NOT invite nor welcome ANYONE to my abode in Monaco or Zug—not even family!

To "fish," I go to a BIG body of water where there are a lot of fish. I don't bring the fish home, as there is a possibility it can stink up my home.
With the ubiquity of covert cameras in Monaco, I would imagine that most "smart" girls would NOT try this as the probability they will hoist on their own petard is very high.

PS. Now, I did ask a lawyer friend in Monaco, and she sent me this: https://dfm.mc/wp-content/uploads/2...mmes_etudes-violence_fiche2021_A4-vfinale.pdf

It seems most are done by the husband/boyfriend, with both the perpetrator and victim already mature (+30 years old).