“An investment in knowledge pays the greatest interest”

Benjamin Franklin

During This Presentation, the following topics will be discussed

Impact of Taxation on your Financial Future

Current Tax Invasion

Tax Deferral Options

Explanation of a Joint Venture Partnership

Benefits of a Joint Venture Partnership through

Supporting Research

Your BEST Option for Wealth Creation Benefits of Membership as Joint

Venture Partner

Canada is one of the most TAXED countries in the world!

For this reason approximately 95% of

Canadians live in Debt and retire depending on friends, family and the government for their primary source of

income.Let’s take a look at the present day Tax Invasion.

Ontario Progressive Income

Tax Rates

First $10,000 is exempt from taxFrom $10,000 to $20,000 rate of tax is 20.05%From $20,000 to $37,000 rate of tax is 26.05%From $37,000 to $75,000 rate of tax is 37.15%From $75,000 to $127,000 rate of tax is 47.16%Over 127,000 the rate of tax is 48.16%

Employment Tax Canada Pension Tax Employment Insurance Tax Health Tax

Consumer TaxesLiquor Tax Tobacco Tax HST VAT Tax – coming soon Vehicle Tax Travel Tax

Asset Tax Property Tax - approximately 2% of the

asset every year.

Commercial property tax - approximately 4% to 6% of the asset every year.

Realty property tax - approximately 2% of the value of the asset every year.

Land property tax - approximately 1% of the value of the asset every year.

50% of the property tax collected is distributed to Education and 50% is distributed to Infrastructure.

Capital Gains Tax

Prior to 1972 this tax did not exist. This is a tax on inflation which is

caused by the printing of money by the Bank of

Canada.

On the amount of the gain or deemed gain -

approximately 25%.

PermitsBusiness permit can be $10 to $500 per

year.

Building permit is approximately $50,000 to $60,000.

Renovation permit is approximately $500 to $5000.

Home business permit $50 to $100 per year.

Fishing permit.

Hunting Permit.

Special events, weddings, parties .

Professional Licensing

Professional Licensing Fees - Applies to all professionals

Trade Licensing Fees -Applies to all trades people

Canadians have the distinct pleasure of paying over 800 different taxes.

Government Waste

Gun Registry - was to originally cost $2 Million,

Cost tax payers Billions of dollars.

G 20 Convention - Cost tax payers over $1.5 Billion.

E- Health

Sky Dome

Pearson Airport

Based on the amount of taxes we pay, this will be your

Future Tax Form.

“The majority of Canadians live with Debt and spend $1.60 for every $ 1.00 they make.”

As reported by The Bank of

Canada and Statistics Canada .

Important Facts You Need To Know

Reality Check On a $100,000 income

On income of $100,000 per yearCRA takes $32,000 in income taxCRA takes another $2,500 for CPP, and $2,200 for EICRA now has $36,700 from your pay chequeMortgage and property tax approximately $22,000Electricity, Gas, Water Bills - approximately $7,300Total household costs of approximately $29,300Car payments, Maintenance, Gas - $12,000Groceries, Restaurants, Entertainment - $12,000Clothes - $6,000Personal, dental etc. about $7,000Total needed to live - $103,000 - not to mention

other expenses

Reality CheckThis person spends $1.03 for every dollar madeAverage Canadian spends $1.60 for every dollar they earnHST is about $5,800Hidden Crown taxes about $4,500Total CRA or Crown taxes is about $10,300Payroll taxes is about $36,700Property tax about $4,000Total Crown, CRA taxes is about $51,000 just over 51 %Bank interest and credit card interest about $26,000 just

over 25%Insurance for car, house, credit card about $5,000 just about

5%3 Big Bad Wolves takes about 80 % of your income

The 20 % remaining is not enough to live onThis is why Canadians are forced to borrow money, and live

in debt.

Over a 40 year working career, earning an average of $100,000 per year, you will have paid over $ 1.6 Million in Direct Income Tax, and another $600,000 in Indirect Consumer Taxes.

Important Facts You Need To Know

Important Facts You Need To Know

In order to pay these taxes you will need to borrow the money and go into debt. As a result the average family will pay over $800,000 in interest to the BANKSTERS, and to insure their debt they will pay an additional $200,000 to the insurance companies.

LOST INHERITANCE

Instead of paying the $1.6 Million in income tax, what if you were able to invest those tax dollars for 40 years

at 6%.

$6,973,336This is the cost of failing to plan.

Know Your Rights & The Tax laws

The CRA has clearly stated that they must recognize the rights of the taxpayer to arrange their affairs to pay the least amount of taxes possible, using accepted methods.

By doing so, YOU are taking full advantage of your House of Commons, Senate and King and Queen given Rights. These rights are also clearly laid out in the Canadian Charter of Rights, esp. Section # 15.

What is Legal Vs. Illegal

It is important to understand what is legal and what is not. In other words, we need to know the difference between Tax Avoidance which is legal and Tax Evasion which is illegal.

Tax EvasionTAX EVASION is the general term for efforts by individuals, firms, trusts and other entities to evade taxes by illegal means. Tax evasion usually entails taxpayers deliberately misrepresenting or concealing the true state of their affairs to the tax authorities to reduce their tax liability, and includes in particular, dishonest tax reporting (such as declaring less income, profits or gains than actually earned, or overstating deductions).

Tax AvoidanceTAX AVOIDANCE is the legal utilization of the tax regime to one's own advantage to reduce the amount of tax that is payable by means that are within the law. The Supreme Court of Canada has stated that:

"The legal right of an individual to decrease the amount of what would otherwise be his taxes or altogether avoid them, by means which the law permits, cannot be doubted."

“Tax Evasion” is evading the assessment or payment of a tax that is already legally owed at the time of the criminal conduct.

By contrast, “Tax Avoidance” describes lawful conduct, the purpose of which is to avoid the creation of the tax liability in the first place”

Your Obligation

It is not only your legal right, you also have an obligation and responsibility to yourself and your family, to arrange your affairs to ensure you pay the least amount of tax legally allowable under the law.

This is what the wealthy have been doing for hundreds of years.

By Failing To Plan, You Plan To Fail What does retirement hold for you? Sacramento, California( Tent City ) or Retire on the Lake

The Secret To Creating WealthWhat you are about to see is one of the oldest wealth building strategies used by the wealthiest families to increase and preserve their wealth.

The rich and elite have been using Joint Venture structures in various forms for hundreds of years to gain and preserve their wealth.

We’ve all heard the saying; “The rich get richer, and the poor get poorer.”

This is because the rich have learned to gain wealth through investing in research, whose proceeds of profit, have been approved by the government to be free of taxation.

Traditional Strategies RRSP’s Flow-Through Shares Limited Partnerships Rental properties MURB’s Real Estate Tax Shelters

At best, traditional strategies merely defers taxes

Alternative Strategy

Why is a Joint Venture Partnership a superior strategy?

A Joint Venture allows you to create wealth whether the business venture makes profits or incurs losses.

Dragons Den Typical Joint Venture

Partnership The concept of

Dragons Den is simple - people with business ideas meet the Dragons who bring capital to the table - the Dragons, if they invest, then share in the profits or losses. This is a typical Joint Venture Partnership which occurs everyday all around the world.

A Franchise Agreement is in fact a

Joint Venture PartnershipFranchi

seJV

partnerFranchi

seJV

Partner

JV Partner

Franchise

JV Partner

Franchise

What the Income Tax Act ( ITA ) says about Partnerships

“A Joint Venture Partnership exists when two or more people agree to contribute goods, services or capital to one business enterprise. Canada has no restrictive laws governing Joint Ventures. Currently, Joint Ventures are governed by Contract Law.”

What the ITA says about Partnerships

Most Joint Venture Partnerships have large losses in the early years of the business, with most of the profits generated near the end of the Partnership’s term. The main items that generate tax write-offs in the Partnership are interest expenses, operating and maintenance expenses, depreciation or depletion, and tax credits.

What the ITA says about Partnerships

There are no organizational documents that must be filed with a public office, and the partnership agreement, even if written, is not a public document.

What the ITA says about Partnerships

The Partnership is required to file a tax return. That return is an informational return only, and the Partnership has no tax liability.

All profits and losses of the Partnership flow directly to the Partners in their individual capacity.

The Benefits of Research

Research, and research alone, creates intellectual property. Every good or service sold around the world is sold for its intrinsic, intellectual property worth.

Therefore, the only driving force behind any and all economies, is research. An industrial country’s wealth is equal to the amount of research performed within that country.

The Benefits of Research Research employs people, which

creates economy. The better the research becomes, the more people are employed. With more money being circulated, economy is created, and with more people employed, standards of living increase.

The impact of research is endless possibilities.

Results Of Research

Introducing the

Partners in Research Joint Venture Partnership.

Our Intention

This strategy is designed to create Jobs through

supporting much needed research, while

restoring Wealth Creation through the Partner

In Research Joint Venture Partnership.

Disclaimer

The Partners In Research joint venture is strictly for the purpose of supporting research. Any tax benefit derived from this strategy is purely incidental.

How it Works

Canadian

Lender

JV Partner

STEP 1

An application is made to a Canadian Private lender for a 7 year loan.

How it Works

Canadian

Lender

JV Partner

STEP 2

Once the loan is approved and the interest is paid, the loan amount is forwarded to Partners In Research.

Joint Venture Partners

hip

How it Works

Canadian

Lender

JV Partner

STEP 3

Partners in Research forwards the loan to the various research companies on behalf of the JV Partner.

Areas of Research AgronomyNatural HealthWater PurificationElectromagnetism

Joint Venture Partners

hip

How it Works

Canadian

Lender

JV Partner

STEP 4

Research companies issues a statement of partnership income or loss to Partners In Research.

Areas of ResearchAgronomyNatural HealthWater PurificationElectromagnetism

Joint VenturePartners

hip

How it Works

Canadian

Lender

JV Partner

STEP 5

Partners In Research issues T- 2125 , statement of income or loss to the JV Partner. In the case of losses, they can be written off against all sources of income.

Areas of Research AgronomyNatural HealthWater PurificationElectromagnetism

Joint VenturePartners

hip

The Process

1) 1) Application for Loan

2) 2)Loan amount goes to Partners In Research

3) 3) Partners In Research forwards funds to various research companies

4) 4) Profit or losses from research companies flows back to Partners In Research

5) 5) Partners In Research issues T-2125 ( statement of Partnership income or loss ) to the JV Partner

6) In the case of losses, they can be written off against all sources of income.

Assumptions : Ontario Taxpayer earns an income of $100,000 owns a home and has

two children. Income Level $100,000 Loan amount $375,000 Gold JVP unit Interest Rate 2.8% Annual Interest Payment ($10,500) Annual Warranty cost ($4,125) Annual Membership cost ($2,250) Annual Cost To Taxpayer ( $16,875) Estimated Business losses ($45,000) Total income reduction ( cost + losses) ($61,875) Net Reportable Income $38,125 Tax Savings $25,487 HST Credit $1,300 Property Tax Credit $1,000 Total Refund $27,789 Cash Advantage $10,914 % gain on cash 64% gain With Two Children $3,000 (additional due

to income reduction) Cash Advantage $16,270 % gain on cash 82%gain

Years 2 to 7 Income Level $100,000 Loan amount $375,000 Gold JVP unit Interest Rate ( year 2 to 7 ) 2% Annual Interest Payment ($7,500) Annual Warranty cost ($3,375) Annual Membership cost ($2,250) Annual Cost To Taxpayer ( $13,125) Estimated Business losses ($45,000) Total income reduction ( cost + losses) ($58,125) Net Reportable Income $41,875 Tax Savings $24,095 HST Credit $1,300 Property Tax Credit $1,000 Total Refund $26,395 Cash Advantage $13,270 % gain on cash 101% gain With Two Children $3,000 (additional due

to income reduction) Cash Advantage $16,270 % gain on cash 123% gain

What The Warranty Covers The interest, warranty and

membership payment in the event of a disruption of income.

Loan repayment at the end of seven years on behalf of the JV Partner. This is accomplished by Partners In Research acting as guarantor and co-signer for the loan.

In the event of a reassessment where the reassessment results in taxes being owed from this strategy, Partners In Research will pay the taxes.

Financial Impact Of Mr. Smith Not Participating

If Mr. Smith earns an income of $100,000 and did not participate in Partners In Research, he would pay approximately $27,000 in income tax per year, over seven years, he would pay $189,000 in income tax.

However, if Mr. Smith participated in Partners in Research, he would save over $10,970 per year for a grand total of $76,790 in tax savings over seven years.

This $76,790 is money that could be used to pay down his mortgage, high interest credit cards, non deductible debt, or save for retirement…..all of which creates wealth long term.

Paper Work

Email confirmation within 10 days of paper work being Received at the Partners In Research office, email will contain:

1) Confirmation of receipt of Paper Work 2) Confirmation of acceptance of loan application 3) Request to send in previous years tax returns for

review and proposal

Within 30 days, JV Partner will receive Investment Certificate, Deed of Warranty and Annual interest statement in the mail.

T-2125 will be mailed out by end of March of each calendar year

JV Partner Benefits

Partial List of Membership Benefits:

Tax Preparation Fee is included with MembershipIncome Tax recovery proposalCapital Gains Tax recovery proposal back to 1972 Audit recovery proposalPast Tax Shelter Donation recovery and defense

proposalTax Court Defense Strategy Mortgage Planning Estate PlanningTax Strategy Planning for CorporationsTax Planning and Investment Strategies for Retirement and much more…..

Three Kinds of People

Yes Undecided

No

In closing, remember

“The Secret to Wealth Creation

is not how much you make, rather its how much you

keep that counts.”