Mirror (non)Trading International 2 - The Fallout

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daneard

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Yeah, so there wont be much of a benefit from a tax perspective.... esp since they would have to actually declare taxable income to claim the 10%. It would probably be detrimental actually since it opens up various tests that SARS would do in an audit and, from past experience, donations (particularly big ones) would be looked at if declared (esp if you are also in the news for other reasons).
 

expedite

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this yes, they have millions in income so no issue ther
According to the promo, JS & CW paid this in their personal capacity. So besides anything else, their taxable income must have been substantial. But it's all smoke and mirrors anyway.
 

PsyWulf

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According to the promo, JS & CW paid this in their personal capacity. So besides anything else, their taxable income must have been substantial. But it's all smoke and mirrors anyway.
Oh we're well aware since their property portfolios have increased by Millions,so their personal income tax liabilities from the conversions are quite huge
 

Frikkadel23

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They are registered as an non profit and PBO so they can issue section 18a tax certs. The MTI bosses made the donation most likely to reduce their own tax liability for the year...
Wow, registered as non profit, yet they will make massive profit(in the loose sense of the word). Beyond belief.
 

quovadis

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Wow, registered as non profit, yet they will make massive profit(in the loose sense of the word). Beyond belief.
That's how all charities work. They only retain their non-profit status based on the provisions of the act. I'm sure they'll distribute it according to their marketing etc.
 

Frikkadel23

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Is anyone on the telegram groups and warning anyone, or do you get kicked off immediately and your messages deleted?
 

Frikkadel23

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That's how all charities work. They only retain their non-profit status based on the provisions of the act. I'm sure they'll distribute it according to their marketing etc.
Except that in mti, they won’t do any of that.
 

airborne

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I am sure that the leaders and caw are sitting on a billion plus in some wallets somewhere.
For sure but you have to still pay the bills and buy the Benz and for that you need cash and a way to do it outside of the system, which is where their selling of Bitcoin for cash comes in, 2 way money laundering..
 

Inquisitiveone

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20370 BTC Total in trading pool. R5 billion reached at current bitcoin value... Eish, why don't they have more notice or international eyes on them. It can't happen later. I get that people are responsible for themselves but sho... these guys are taking this to another lvl. True, not true, fake numbets or not, trading or not... showing this is their "proof" regardless if only at face value. And again this excludes any and all funds already withdrawn regardless on faked numbers or not.
 

Inquisitiveone

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Is anyone on the telegram groups and warning anyone, or do you get kicked off immediately and your messages deleted?
Too many admins on watch, instant deletion of text happens regularly.. there are to few people to read or screen shot warnings at a specific point.
 

Crossing_Swords

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Hi there, interesting thread.
I'm not sure how to submit to www.dishonest.co.za. I came across the website https://cryptoexchangefx(dot)com/ which also seems very dodge. There seem to be hundreds of bots or maybe people in it who are touting its glory.
 
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