Tax-News.com: EU Requires Belgium, France To End Port Tax Breaks

AtlasShrugged said:Does anyone know if his tax residence is in Romania? If so, I don't get why he wants to pay 8 percent in dividends and 16 percent in CIT, or how would he get away with that?Click to expand...
he setup a company in Emirates.

baltic7 said:No, he is not in jail.

Few days ago he made an interview in one Romanian TV.

Andrew Tate CONFRONTED By Media (Full Interview)

He was in provisional prison for 3 months, he was released until the trial was held. I think they took his passport.

Assets worth 15 million have been seized. His brother was also detained.Click to expand...

That thing is actually good for him. Home arrest, and "city arrest" and "country arrest" .... this will deduct his prison sentence.
So , most likely he will delay the court....new layers, medical problems, for years...and if he will receive a 5 years, he will say he already "served" 6.

AtlasShrugged said:But does anyone know his actual tax residency? From what I understand, his residency is in Romania and the center of his interest should certainly be there as well judging by his house and all his cars. That means his real world company, which is a US LLC, should be taxed as a Romanian one, which makes little sense if he wants to pay as little taxes as possible. I didn't want to make a new thread, but I also live in Romania and if there are ways to avoid taxes then I would like to know.Click to expand...
For guys at his level it doesn't work this way. He can hired a lot of muslims guys, pakistan ,indians in Dubai to also do his job and work at his company. he pretend to only be an employee.

polonieth said:I'd assume if his tax affairs were dodgy, then it'd be all over the press and would have formed part of the large anti Tate campaign that Vice, BBC etc pushed. But I've not seen anything about it?Click to expand...
He was running a webcam studio. One girl who worked for him was an ex police officer, in the same "state" he had his business.if a complained of a romance scam, the case was solved.

he also had girls who where chief of the prison ,etc...

what else can i say more? do you think he really is a victim? and yeah he is not for tax evasion , he is on a "paroll / country arrest" , that time will be deducted , he will do maybe 3 -6 months jail time for show off and publicity .

AtlasShrugged said:That's my point and that's why I want to know what kind of Romanian structure he's been doing for all these years. But everyone here is too busy gossiping like a bunch of high school teenagers.Click to expand...
I explained it already: He has a company in Dubai, but he has multiples employee who works there, video editing and so on....he owns nothing .... actually he owned a lot of s**t, and his iphone was not even encrypted!

AtlasShrugged said:If there are more behind Realworld than Tate and his brother, what changes? The company is run from Romania, and if not, he would still pay 8 percent in dividends, which might not be that badClick to expand...
They have enough money to make it looks like it is run from Dubai, they even have a manager, the Ukrainian "Army guy".... he lives in Dubai ,especially since the war ...



  Last edited: Mar 1, 2024

 

pixbix said:he setup a company in Emirates.




That thing is actually good for him. Home arrest, and "city arrest" and "country arrest" .... this will deduct his prison sentence.
So , most likely he will delay the court....new layers, medical problems, for years...and if he will receive a 5 years, he will say he already "served" 6.



For guys at his level it doesn't work this way. He can hired a lot of muslims guys, pakistan ,indians in Dubai to also do his job and work at his company. he pretend to only be an employee.



He was running a webcam studio. One girl who worked for him was an ex police officer, in the same "state" he had his business.if a complained of a romance scam, the case was solved.

he also had girls who where chief of the prison ,etc...

what else can i say more? do you think he really is a victim? and yeah he is not for tax evasion , he is on a "paroll / country arrest" , that time will be deducted , he will do maybe 3 -6 months jail time for show off and publicity .



I explained it already: He has a company in Dubai, but he has multiples employee who works there, video editing and so on....he owns nothing .... actually he owned a lot of s**t, and his iphone was not even encrypted!



They have enough money to make it looks like it is run from Dubai, they even have a manager, the Ukrainian "Army guy".... he lives in Dubai ,especially since the war ...



Click to expand...What are you talking about? The company isn't even incorporated in Dubai but the US and sort of Poland. Check the screenshot I attached, it comes from their website.

 

pixbix said:he setup a company in Emirates.




That thing is actually good for him. Home arrest, and "city arrest" and "country arrest" .... this will deduct his prison sentence.
So , most likely he will delay the court....new layers, medical problems, for years...and if he will receive a 5 years, he will say he already "served" 6.



For guys at his level it doesn't work this way. He can hired a lot of muslims guys, pakistan ,indians in Dubai to also do his job and work at his company. he pretend to only be an employee.



He was running a webcam studio. One girl who worked for him was an ex police officer, in the same "state" he had his business.if a complained of a romance scam, the case was solved.

he also had girls who where chief of the prison ,etc...

what else can i say more? do you think he really is a victim? and yeah he is not for tax evasion , he is on a "paroll / country arrest" , that time will be deducted , he will do maybe 3 -6 months jail time for show off and publicity .



I explained it already: He has a company in Dubai, but he has multiples employee who works there, video editing and so on....he owns nothing .... actually he owned a lot of s**t, and his iphone was not even encrypted!



They have enough money to make it looks like it is run from Dubai, they even have a manager, the Ukrainian "Army guy".... he lives in Dubai ,especially since the war ...



Click to expand...Your explanation is basically: Setup a company in Dubai, and your tax affairs are instantly taken care of

 

I'm sure that if you join his war room you can get to know his structure
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JohnLocke said:I'm sure that if you join his war room you can get to know his structure
https://thewarroom.ag/Click to expand...It's only $8000. Bargain.

I don't see that pushed as much now, I guess it's because they can't travel to a fancy location for a "retreat" to give members some semblance of value for money.

 

JohnLocke said:I'm sure that if you join his war room you can get to know his structure
https://thewarroom.ag/Click to expand...Haha. He doesn't teach other people what made him wealthy because then he would be out of business! So no cam girl classes or classes how to make classes, just dropshipping, copywriting, company structures etc.

I find it strange on a forum like this that no one could answer me what kind of Polish/LLC/Romani residency structure he's doing. Because from what I've learned here is that you can't dodge taxes by setting up a company offshore.

 

polonieth said:It's only $8000. Bargain.Click to expand...

One can literally purchase 20 BRK/B shares for this money!

I am so shocked and dismayed that so many people would choose to pay for a "War Room" instead!

The world is full of gullible dreamers!

PS. €95/month here on OCT has brought back huge (unrealized) gains for me by just swapping all my USDT to Bitcoin after getting hammered by most here for months . I love that tough love!

 

Love the posts where people are focusing on his finances and tax structure...

That's what we're hear to learn about

Andrew Tate is surely a great case study?

Would be great to focus on business and keep the personal attacks about him separate?

 

AtlasShrugged said:Haha. He doesn't teach other people what made him wealthy because then he would be out of business! So no cam girl classes or classes how to make classes, just dropshipping, copywriting, company structures etc.

I find it strange on a forum like this that no one could answer me what kind of Polish/LLC/Romani residency structure he's doing. Because from what I've learned here is that you can't dodge taxes by setting up a company offshore.Click to expand...he stated the secret in one of his videos. If you figure it out, please dont post it around.

 

JackAlabama said:he stated the secret in one of his videos. If you figure it out, please dont post it around.Click to expand...Why would he give out such a valuable secret to begin with? It doesn't make any sense when you write, "If you figure it out, please dont post it around." When he's apparently doing the exact same thing.

 

I still think people are missing the obvious.

Tate has openly bragged about not paying taxes, various corporate structures, multiple passports, "owning nothing", owning various properties within complex structures, how his cars are not in his personal name, etc, how he is making millions per month from various businesses, etc.

Yet when he was arrested, and EVERY aspect of his life was under huge scrutiny and was all over the press, nothing was interesting about his business setup. You had every woke media outlet in the world digging for dirt and speaking to people he'd associated with decades ago, and they've collectively managed to find zero?

The obvious answer is that the wealth is exaggerated, and the structure is not some fanciful tax play he'd like his target market to believe.

 

polonieth said:I still think people are missing the obvious.

Tate has openly bragged about not paying taxes, various corporate structures, multiple passports, "owning nothing", owning various properties within complex structures, how his cars are not in his personal name, etc, how he is making millions per month from various businesses, etc.

Yet when he was arrested, and EVERY aspect of his life was under huge scrutiny and was all over the press, nothing was interesting about his business setup. You had every woke media outlet in the world digging for dirt and speaking to people he'd associated with decades ago, and they've collectively managed to find zero?

The obvious answer is that the wealth is exaggerated, and the structure is not some fanciful tax play he'd like his target market to believe.Click to expand...I agree. I also think he's exaggerating his wealth, but what I posted earlier, they did manage to confiscate cars and watches up to 5 million dollars. That's still an impressive sum. And to exaggerate his wealth is a part of his business model.

You usually say that one in a thousand of your followers will convert. He has around 8 million followers on twitter. If one in a thousand of those pay for his Real World scheme that is around 400 000 USD a month. It might not be 300 million, which I believe he has boasted about before, but it's still a lot.

His Real World business, is not just a simple Romanian SRL. It's a US/Polish structure which apparently no one here knows anything about, which is fishy since I've never seen anyone here bring up a certain tax structure/residence/territory without some member here not knowing about it.

 

AtlasShrugged said:I agree. I also think he's exaggerating his wealth, but what I posted earlier, they did manage to confiscate cars and watches up to 5 million dollars. That's still an impressive sum. And to exaggerate his wealth is a part of his business model.

You usually say that one in a thousand of your followers will convert. He has around 8 million followers on twitter. If one in a thousand of those pay for his Real World scheme that is around 400 000 USD a month. It might not be 300 million, which I believe he has boasted about before, but it's still a lot.

His Real World business, is not just a simple Romanian SRL. It's a US/Polish structure which apparently no one here knows anything about, which is fishy since I've never seen anyone here bring up a certain tax structure/residence/territory without some member here not knowing about it.Click to expand...Maybe he's not the owner of the "Real World" and is simply the face of it.

 

polonieth said:Maybe he's not the owner of the "Real World" and is simply the face of it.Click to expand...I'm pretty sure he is. If not, he should get a pretty big slice of that pie since he's the sole promotor of that company. And without him, no one would have heard anything about it.

 

polonieth said:I still think people are missing the obvious.

Tate has openly bragged about not paying taxes, various corporate structures, multiple passports, "owning nothing", owning various properties within complex structures, how his cars are not in his personal name, etc, how he is making millions per month from various businesses, etc.

Yet when he was arrested, and EVERY aspect of his life was under huge scrutiny and was all over the press, nothing was interesting about his business setup. You had every woke media outlet in the world digging for dirt and speaking to people he'd associated with decades ago, and they've collectively managed to find zero?

The obvious answer is that the wealth is exaggerated, and the structure is not some fanciful tax play he'd like his target market to believe.Click to expand...... or he lied to everyone to cause confusion later?

PS. He's NOT a dumb guy! He's devious!

 

AtlasShrugged said:I'm pretty sure he is. If not, he should get a pretty big slice of that pie since he's the sole promotor of that company. And without him, no one would have heard anything about it.Click to expand...Of course, he is the face of the company, but not the owner.

https://twitter.com/x/status/1707443593089319137

 

polonieth said:Of course, he is the face of the company, but not the owner.

https://twitter.com/x/status/1707443593089319137Click to expand...I knew it!

I just stated this about 40 minutes ago



PS. Great find! Thanks for sharing! It's good to keep one's mental saw sharpened!

 

polonieth said:Of course, he is the face of the company, but not the owner.

https://twitter.com/x/status/1707443593089319137Click to expand...Do you have any more sources than this random tweet? I'm googling now and can't find anything to back that tweet up. And also, there's no chance in hell that he would have promoted that company so much without getting anything in return. He owns it one way or another through something or someone, and this just leads back to what kind of structure this is? Which I have repeated many times by now, but I'll just accept that it's unlikely that I'll ever find out.  Last edited: Mar 2, 2024

 

AtlasShrugged said:Do you have any more sources than this random tweet? I'm googling now and can't find anything to back that tweet up. And also, there's no chance in hell that he would have promoted that company so much without getting anything in return.Click to expand...What other source do you need than the court doc?

Nobody said he got nothing in return, I am sure he made plenty $$$. As I said earlier you can see in the videos when he went from pretend wealth to sell the dream, to plenty of disposable cash on hand to spend on cars, jets, hotels etc.

I was pointing out that perhaps he doesn't have some complex offshore structure for all his purported businesses.

Do you think those YouTube clown boxers are the real owners of "Prime"? Or someone else has used them to be the face of it...

 

AtlasShrugged said:there's no chance in hell that he would have promoted that company so much without getting anything in return.Click to expand...I agree with you that they are NOT doing this for free! But...herein lies the rub...

Just a thought....
I promote AAPL (I don't use it, but I sell it),
I promote Coca-Cola (I don't drink it),
I promote MSFT (I only use it for web surfing, other times I use Unix derivatives)
I promote $MC (I don't use anything theirs. If I am in a group and I have to have a drink with others, I will request MC's products)
etc etc.

Of course, I own stocks and continue to invest in the above-mentioned companies, but I don't "consume" them. I explicitly do NOT mention my investments in any of the above in my personal or business life.

Maybe the Tate brothers own stock in those companies or get compensated for promoting them?

polonieth said:What other source do you need than the court doc?

Nobody said he got nothing in return, I am sure he made plenty $$$. As I said earlier you can see in the videos when he went from pretend wealth to sell the dream, to plenty of disposable cash on hand to spend on cars, jets, hotels etc.

I was pointing out that perhaps he doesn't have some complex offshore structure for all his purported businesses.

Do you think those YouTube clown boxers are the real owners of "Prime"? Or someone else has used them to be the face of it...

View attachment 6325Click to expand...
I have NEVER seen that meme before...I spat my coffee all over my keyboard

I can't stop laughing... reminds me of Ms. Cleo - Call me now!

Everyone thought Ms. Cleo owned her stuff, but in court records, it was finally discovered that it was owned by 2 cousins, Steven Feder and Peter Stolz. She was merely the face of it.

Also, contrary to popular belief, Ms. Cleo was from LA and she made up that Jamaican accent to lure in gullible people who wanted their past & future read and altered

Source: Miss Cleo - Wikipedia  Last edited: Mar 2, 2024