Forum Archive Index - December 2003

["Woody" <solarmax@optusnet.com.au>]

I pay FULL Tax on my GOLD Trading>

 I can However recover upto $10,000 from the buying and selling of PHYSICAL
Gold .
 Me thinks your knowledge of the English language is even less than mine.
READ my first Post. It clearly defines the difference between my trading and
my ability to exploit a tax loophole here. I can LEGALLY earn a profit from
Physical gold up to $10,000 whether I dig it out of the ground or whether I
Buy it from a dealer and sell it back to him.
I was simply letting those that wanted to know that there are legal
loopholes that can be exploited.

----- Original Message -----
From: "Malcolm Cameron" <malharcameron@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, December 02, 2003 12:25 PM
Subject: Re: [sharechat] Congrats Reply


> Correct Woody if gold trading is a sideline but you state it is your
> occupation. I know you are trackable through your ISP why do you think I
> mentioned false details provided to ISP.
>
> Malcolm
>
>
>
> >From: "Woody" <solarmax@optusnet.com.au>
> >Reply-To: sharechat@sharechat.co.nz
> >To: <sharechat@sharechat.co.nz>
> >Subject: Re: [sharechat] Congrats Reply
> >Date: Tue, 2 Dec 2003 12:16:24 +1000
> >
> >Gambling below AUS$10,000 is not taxable The Tax dept makes Billions from
> >all forms of gambling via payrole tax, gst, etc. Punters can earn up to
> >10,000 per year without Declaring, Their wives also.
> >
> >Trading Gold at transactions below $10,000  is not taxable READ THE
> >TAXATION
> >LAWS as for the e-mail address well my ISP is the same so I am trackable
no
> >matter what email Address I use. Shows your limited knowledge of
Computers.
> >I went from optus to Telstra ( Not that it is any of your business, was
not
> >happy with the service so I returned to Optus. BIG BLOODY DEAL!!!!  Blew
> >you
> >out of ther water there eh! Mate?
> >
> >According to Canon Law which is the Law of every English based system in
> >the
> >world. Income Tax Is illegal.
> >
> >So exploitation of every LEGAL Loop hole is the right of every citizen.
> >
> >I pay $1000's in income tax and GST if I can minimise my tax by every
legal
> >loophole available I will. If you are too ignorant to know of these
> >loopholes TUFF Titties.
> >
> >
> >
> >----- Original Message -----
> >From: "Malcolm Cameron" <malharcameron@hotmail.com>
> >To: <sharechat@sharechat.co.nz>
> >Sent: Tuesday, December 02, 2003 11:52 AM
> >Subject: Re: [sharechat] Congrats Reply
> >
> >
> > > Woody if gambling is an ocupation it is taxable so is your trading of
> >gold
> > > if the tax department wants to pursue it. Is this why you keep
changeing
> > > email addresses. I assume you put fake names and addresses on the
> >aplication
> > > forms etc.
> > > Malcolm
> > >
> > >
> > >
> > >
> > >
> > >
> > > >From: "Woody" <solarmax@optusnet.com.au>
> > > >Reply-To: sharechat@sharechat.co.nz
> > > >To: <sharechat@sharechat.co.nz>
> > > >Subject: Re: [sharechat] Congrats Reply
> > > >Date: Tue, 2 Dec 2003 11:33:10 +1000
> > > >
> > > >Well in Australia any Gold transaction under $10,000 is not recorded.
> >You
> > > >can walk into a Bullion Dealer and buy $9,999 worth of gold without
any
> >ID.
> > > >You make sure you Buy when the Price of Gold is low and then you
resell
> >it
> > > >back to the dealer ( Both Transactions Incur a 3-5% Commission, so
you
> >must
> > > >include that into your profit margin ) When the price is high. In
both
> > > >transactions you use Cash and in both transaction there is no ID
> >Needed.
> >It
> > > >is Legal, just a loop hole in the system. It is the same for
> >Professional
> > > >gamblers, Horse punters etc.
> > > >   ----- Original Message -----
> > > >   From: Cristine Kerr
> > > >   To: sharechat@sharechat.co.nz
> > > >   Sent: Tuesday, December 02, 2003 11:14 AM
> > > >   Subject: Re: [sharechat] Congrats Reply
> > > >
> > > >
> > > >   Hi Woody,
> > > >
> > > >   You have my keen interest re buying and selling gold.
> > > >
> > > >   Could you please provide more details on what it is you can buy
and
> >sell
> > > >tax free. (Remember I am a novice trader.)
> > > >
> > > >   Thanks,
> > > >   Cris
> > > >     ----- Original Message -----
> > > >     From: Woody
> > > >     To: sharechat@sharechat.co.nz
> > > >     Sent: Tuesday, December 02, 2003 10:55 AM
> > > >     Subject: [sharechat] Congrats Reply
> > > >
> > > >
> > > >     To those ' Gold Experts ' that think they know all ways to trade
> >gold
> > > >listen! I have been buying and selling gold options on every rise and
> >fall
> > > >the last 12 months and have realised 300% on my initial investment.
So
> >your
> > > >28% NZ index pales in conparison.
> > > >     Trading gold and silver options  are in my opinion are a far
less
> > > >risky position to take than shares, Small initial investment and
great
> > > >leverage. I also have been buying and selling real Gold Bullion and
> >have
> > > >realised a 75% gain on my investment there.
> > > >
> > > >     The buying and selling of gold under AUS$10,000 is tax free here
> >in
> > > >Oz. Great way to negate your income tax.
> > > >
> > > >     Gold is the investment vehicle of the Super Rich, The Rothchild
> > > >Dynasty was built on it and is maintained on it. Warren Buffet and
Bill
> > > >Gates have been accumulating Gold and Silver at incredible amounts.
> > > >
> > > >     Forget Shares you guys Buy Precious Metals, the way to go!!
> > > >
> > > >     Woody  ( Gold Guru )
> > > >
> > >
> > > _________________________________________________________________
> > > Hot chart ringtones and polyphonics. Go to
> > > http://ninemsn.com.au/mobilemania/default.asp
> > >
> > >
> > >
>
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> >
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> _________________________________________________________________
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> http://ninemsn.com.au/mobilemania/default.asp
>
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