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What companies are in the American Oil Pension?

What companies are in the American Oil Pension?

  • Answer:

    The Tax Attorneys haven't heard it? Sections 851-855 of the U.S. Internal Revenue Code of 1986, A.O.P. businesses pay no corporate taxes on the Federal level. These business are ususally oil/gas transmission, storage, etc. Almost all income/profits are given to unit holders in form of dividends. Like stock shares, units also grow in value. Here are few of them, on their ticker symbol: KMP, EEP, TPP, TCLP, CPNO, GEL and so on. Check out their their financial statements and observe how much tax, if any, did they paid.

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According to an oil and gas tax attorney, this looks like a Ponzi scheme.

Clyde W

I am just starting to research this. An investment service, the Oxford Club, brought it to my attention. To find out more, I am going to subscribe to th S&A Oil Report, Matt Badiali, Editor. I found it at www.stansberryresearch.com. bigblue1

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