The oil and natural gas industries represent a unique opportunity for investors to invest in the energy independence of the United States of America. In an effort to hasten the pace of America’s energy independence Congress enacted special legislation during the 1980s. This legislation is known as the statute 27 – F. As a result of the statute if the corporation were to meet a special list of requirements they were able to operate in a tax-free manner. These requirements include the companies ability to generate 90% of its income through the production, distribution, transportation, development of oil and natural gas resources within the borders of the United States America domestically. Additionally, the company must also pay out 90% of its net revenues to its shareholders in the process of distribution. Once Matt Badiali, the chief natural resource expert for Banyan Hill Publishing Company, discovered the existence of this distribution method he referred to it as Freedom Checks. This name is in reference to the investment opportunities relation to the freedom of America from other countries in its quest for energy independence. Visit the website freedomchecks.com to learn more.
Matt Badiali has been a member of any publishing company for a number of years. However, he was not always keen to be a member of the finance industry but was instead a scientist. He originally went to school in order to receive his bachelor’s science degree and earth sciences and went on to receive his master’s degree in geology from Florida Atlantic University. While in the process of completing the requirements to receive his Ph.D. he was persuaded by a friend to give the finance industry a try. Upon entering the finance industry, he realized that he was able to synthesize his unique combination of knowledge and expertise in a manner actionable advice for the everyday investor who wished to capitalize on potential investment opportunities in the natural resource commodities markets.
After becoming a member of any publishing company, he traveled around the world researching various topics related to the natural resources markets. During this process, he came in contact some of the world’s top leaders in the natural gas and oil industry. After having conversations with these members, he realized the existence of MLPs and the unique investment opportunity that they poised for the everyday investor. Any income that is generated from the so-called Freedom Checks is treated as a return of capital is subject only to the lower capital gains rate tax in place of the higher personal income tax rate. Learn more: https://dailyreckoning.com/freedom-checks-exposed/