Matt Badiali is currently a member of Banyan Hill Publishing Company and serves as the companies leading expert on the natural resources and commodities markets. He has worked for the company for a number of years and has been a member of the financial and investment advice industry for the majority of his career. While he is incredibly distinguished within the financial and investment advice industry, he initially began his career as a trained scientist. He first received his bachelor’s degree in Earth sciences before attending Florida Atlantic University where he received a Master’s degree in geology. He was in the process of seeking his Ph.D. and teaching classes in geology at the University of North Carolina whenever he was first persuaded to join the financial industry. A close friend and financial expert contacted him within the process of building a team dedicated to researching investment opportunities. This individual realized the value that having a trained scientist on his team could have. Matt Badiali jumped on the opportunity and was quickly traveling the world in pursuit of researching unique investment opportunities. Visit stockgumshoe.com to know more.
It was during the research for his team, focusing on the oil and natural gas industries, that Matt Badiali first learned of a unique piece of legislation that was enacted in the 1980s, which is known as Statute 26-F. As a result of this piece of legislation, Congress allowed a new classification corporation within the United States of America that could operate tax-free. This classification is known as a master limited partnership, and currently, there are over 450 corporations in the United States of America that meet the requirements in order to operate as a master limited partnership. If a corporation is able to generate 90% of its revenues from the production, processing, storage, transportation of oil or natural gas domestically within the borders of the US, it can potentially qualify to operate tax-free. However, the corporation must also periodically payout a portion of its revenues in order to meet the classification requirements.
It is these periodic payments from master limited partnerships that Matt Badiali is referring to whenever he talks about Freedom Checks. They are incredibly similar to dividends that you might receive from more conventional stocks except for one aspect. The income that you generate from Freedom Checks is treated as a return of capital and is only subject to the much lower capital gains rate of tax instead of the higher personal income tax rate to which dividends are subjected. Read this article about Freedom Checks at Banyan Hill.