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The following is the first of a series of contributions form Paul Shea, PhD; a macro economist who will be writing independent thought pieces for Veritaseum’s VeADIR customers and clients. This piece targets VeGold customers. Since this is such a potentially controversial and thought-provoking topic, I had the manager of our resident forensic analysts, Manish Kapoor, respond to Mr. Shea’s piece. Finally, I have added my twenty-two cents (my two cents levered 10x) at the end, with the usual chart porn.
A hypothetical, illustrative sale to demonstrate the mechanics of a California Movie and Film Tax Credit from a Hollwood production concern to a medical company. A description and illustration of the hypothetical transaction is presented as well as the benefitis and detriments to each party.
Veritaseum Tax Assets
Veritaseum, LLC (hereinafter “Veritaseum”) has engaged Brundidge & Stanger, P.C. for the purposes of independent verification of the assets (i.e. gold, silver, palladium, etc.) held by Veritaseum on behalf of holders of Veritaseum’s asset-back Tokens at the vault of Third-Party Storage Services (hereinafter “Custodian”) for the audit period of 02/1/2019 through 03/31/2019.
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