Matt Badiali is a former geology teacher, a businessman working in the mining industry, and a writer. He used to teach at the University of North Carolina before Matt Badiali was recruited to be on the team of large investor needing a geologist n his team.
Over the next ten years, Matt Badiali traveled around d the world and inspected sights in order to confirm if they were worth investing in or not. Over the course of his career, Matt Badiali met and worked with many investors around the globe and got to receive useful advice from his conversations with them. It was during that time that Matt Badiali found out about the Stature 26 F which was enforced in 1987 by the Congress and has been actively writing and talking about it ever since. Visit stockgumshoe.com to know more.
The Stature 26 F allows the companies of the United States of America to give out ”freedom checks” as Matt Badiali calls them. The Stature 26 F also allows those corporations to operate free of tax. Those ”freedom checks” are given to big-game shareholders of the particular company. They re for a large amount of money which makes Matt Badiali recommend them.
In the United States of America, there are 568 such corporations up to date. In order to be one of those companies and maintain one’s place among them, a business has to meet two requirements. The first is to be generating 90 percent of the revenue from production, storage, processing, and transportation of oil and gas nationally in the United States of America. The second requirement is to be paying out the checks to shareholders. Read this article about Freedom Checks at Banyan Hill.
Matt Badiali has been fascinated with freedom checks for many years. While they are not the most promising choice and goal for regular investors the concept is becoming better known. Those 568 companies that can currently issue a ”freedom checks” are called MLPs, master limited partnerships. They work primarily in the industry of oil and gas. Their operations include exploring to find new sources, pipeline the gas and oil across networks, and so on.
Matt Badiali states that 90 percent of what the corporation earns is supposed to go to investors and shareholders and that that money is used to make up the ”freedom checks”. The receivers of the checks do not get the same amount of money. They also do not have to income tax for receiving them s they are treated as a return of capital.