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<blockquote data-quote="BURNΞR" data-source="post: 1273424" data-attributes="member: 11032"><p>I've been on other sites that talk about hiding wealth and they all keep saying the same thing - that you need multiple set-ups because loopholes keep getting shutdown. They share many set-ups but don't share everything for fear of losing a good thing.</p><p></p><p>Here's one of the set-ups:</p><p>1) Buy gold privately</p><p>2) ship gold to country with no capital gains tax</p><p>3) deposit gold to bank in the same country under shell company</p><p>4) loan money to yourself using gold as collateral to your business in home country abroad</p><p>5) Make no profit because you had to pay down your own loan plus business expenses (your mortgage)</p><p>6) pay zero in tax</p></blockquote><p></p>
[QUOTE="BURNΞR, post: 1273424, member: 11032"] I've been on other sites that talk about hiding wealth and they all keep saying the same thing - that you need multiple set-ups because loopholes keep getting shutdown. They share many set-ups but don't share everything for fear of losing a good thing. Here's one of the set-ups: 1) Buy gold privately 2) ship gold to country with no capital gains tax 3) deposit gold to bank in the same country under shell company 4) loan money to yourself using gold as collateral to your business in home country abroad 5) Make no profit because you had to pay down your own loan plus business expenses (your mortgage) 6) pay zero in tax [/QUOTE]
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