[gatotom]

Joeaksa, First off is it a pure trust??? many kinds out there.

I am not a owner of a pure trust but I do manage a pure trust.

This is my response, I would never say to someone: " I've just purchased a Pure Trust and put all of my assets into it, now my entire profit has become non-taxable"

Very stupid statement and not true but I would say:" I've just accepted a position as the manager of a company which is organized as a Pure Trust. I was appointed by the Board of trustees. I am not one of the owners. The actual owners are a matter of public record. I file my own individual tax return and pay all the taxes that are legally due, based on my individual income."

"Yes, I used to own my own property and equipment. I exchanged all that for some shares and no longer own those assets. I no longer have to spend my time being totally responsible for all that property and equipment. Now I just have shares to look after instead".

A Pure Trust has a recorded T.I.N. number, the trust that I manage was recorded in New Mexico and it is recorded in the county I live in WA state, there is a certificate holder.

You can not get out of paying taxes on property with a Pure Trust but you could with an Alloidial Title which has more hoops and loops to jump thru than what its worth.

I don't know who owns the Pure Trust but they are out of State and I have no idea how to contact the Trustees, their names are a matter of public record.

If the Trust that you manage is all above water, I would expect no questions because everything would have been explained when you became a managing director and that privilage cost this manager 5K in 1996.