Have you ever wondered why the tax authorities never demand that you pay tax on the income from garage sales and other similar sales events? The reason is plain and simple; YOU ARE ACTING IN THE CAPACITY OF A HUMAN-BEING.
What is the Contract for HireTM?
- It is a natural form of contract.
- It is an agreement between a Principal and an Agent.
- Principal means the Corporation.
- Agent means human-being.
Definitions
According to Black’s Law dictionary:
Salary/Wages means the compensation agreed upon by a master to be paid to a servant
Remuneration means reward, recompense or salary.
Compensation has a broad meaning, including indemnification or making whole.
There should never be a challenge to the Contract for HireTM because the human-being is transformed into contract form and then domiciled in Panama.
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