One of the places we put in a big oil project in Chad, with Exxon.

You're left with 500,000 of pre tax income.

Because the money he spends is the money that pays everything else.

This is a real street sign in Lagos, Nigeria.

A basic income points in the same direction.

That was the beginning of an escalating U.S. involvement there that we do not pay for at the pump.

And I normally have to pay 30 .

Please pay the tax.

And of course the difference is the money that he had to spend on tax.

So zero coupon essentially means they're not paying interest until they pay off the whole loan.

Well I'll save 30 of this.

In general, there are three types of taxes value added tax (VAT)

And you say, this group of the CDOs, they'll get the first payments. or if any payments that go, immediately go to this very senior tranche, right?

The taxes names have my uncles in seizure... the castle had be sold.

So on day zero, you have a 200,000 loan.

And they might pay you, who knows, they might pay more than 1000.

We paid customs on jewels.

And the reason they didn't grow by that amount is because we actually ended up having to pay taxes on some of that.

I have paid. Now let me depart

That's a lot.

So actually, let me do that.

And so his pre tax income is now 30 plus 2 minus 5 is 27,000.

Don't steal it.

The IRS might consider that to be income

The government makes us pay tax.

Once you subtract that out, then you actually have your pre tax income, and if we assume that we have to pay taxes, this is how much we pay in taxes, and this is actually the net income that goes to the owners of the company.

But when you talk about return, what you get off the asset, you still are going to pay taxes on them.

On the contrary, passengers themselves must pay.

If you're referring to customs, yes.

And you could guess what the next line is going to be, given that this says pre tax.

Whoever spends 3000 Euros will be taxed for 17 of the total amount.

You will be paid according as you work.

Nobody was processing the credit cards.

Please pay the tax on the items over there.

A 10 tax will be withheld from the payment to you.

That kills the stock.

The total amount including tax is 1500 per person... ...estimate included.

With reference to the invoice No.56789 which was due last month, we have not yet received your remittance.

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Whoever spends 5000 Euros will already have been taxed for 30 .

This is all on me.

Whoever pays 2000 Euros will have contributed 1000 Euros in taxes.

And then, let's just say they're in the Caribbean and they don't have to pay taxes.

but let's, just for simplicity, assume my tax rate is still 30,000.