The journey toward energy independence continues on it in the country of the United States of America. In fact, Congress has enacted legislation to help hasten the process toward energy independence. In the 1980s Congress enacted statute 26 – F which allow corporations to operate tax-free if they were able to meet a set of requirements. These requirements stated that 90% of the corporation’s revenue must be generated through the production, processing, storage, and transport of both oil and gas domestically within the borders of the United States of America and it must pay out at least 90% of its revenue to its investors. If a corporation is able to meet the requirements is considered a master limited partnership or MLP. Watch this video at Youtube.
Matt Badiali has been a member of the Banyan Hill Publishing Company for a number of years and is known as their expert on natural resource investing. He has a unique combination of experiences due to the fact that he did not begin his career in the finance industry. Instead, he was a scientist who received a bachelors of science degree in Earth sciences before going and receiving his Master’s degree in geology from Florida Atlantic University. He was in the process of pursuing his Ph.D. when he was persuaded to join the finance industry by someone who is close to. He took his unique combination of knowledge and expertise and was able to create tailor-made advice columns for individuals who are interested in investing in the natural resource in commodities markets. During one of his projects the head and collaborating with some of the worlds top wheel industry leaders, he discovered statute 26 – F which enabled the issuing of what he calls Freedom Checks.
Freedom Checks are very similar to dividends paid out by traditional stocks. However, instead of being taxed at the traditional income tax rate that dividends are taxed on the returns that you generate from Freedom Checks are taxed at the capital gains rate which is lower. As of now, there are 568 companies within the United States of America that qualify to issue these monthly or quarterly returns. In addition, if you do decide to sell your investment in an MLP, you would be taxed at the lower capital gains rate. By investing in MLPs not only are you investing in your financial future but you are investing in the future energy Independence of the United States of America. Visit: https://kennedyaccounts.com/about-freedom-checks/