The Sovereign Capitalist

Austaris Capital Advisors

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Welcome to the Sovereign Capitalist. A Podcast from Austaris Capital Advisors. Discover a new perspective on financial freedom. Claim back control of your Capital and protect it from taxation and risk.Hosted by Jose Atencio and George Roth. Contact: https://austaris.com/contact

2d ago

You Are Paying More Taxes Than Needed (SECRETS for Canadian Businesses)

We break down two major Canadian corporate tax advantages—the small business deduction (up to $500,000 of active income when passive income is under $50,000) and the capital dividend account (CDA)—and explain what counts as active vs. passive income for a Canadian-controlled private corporation. We review why Ottawa changed corporate tax rules in 2018, how passive income is taxed at roughly 50%, and how earning more than $50,000 of passive income can claw back the small business deduction, with the deduction eliminated at $150,000 of passive income. We discuss how passive income in a holding company can still affect associated operating companies, the role of refundable dividend tax on hand (RDTOH), and why excess corporate cash needs a plan. We also outline tax-code strategies such as participating whole life insurance (tax-exempt growth and CDA benefits), corporate-owned critical illness with return of premium, and individual pension plans, plus using insurance to fund buy-sell agreements and avoid forced partnerships. 00:00 Biggest Corporate Tax Breaks 00:49 Active vs Passive Income 02:00 Why Rules Changed in 2018 05:39 Punitive Passive Tax Rates 08:58 SBD Clawback Explained 10:34 Holdco Does Not Shield 14:04 RDTOH and Integration 16:24 Common Mistakes and LCGE Risk 20:53 Tax Code Solutions Overview 22:09 Permanent Insurance Strategy 24:40 Capital Dividend Account Basics 28:07 Accessing Cash and Deductions 31:04 Critical Illness Return Premium 33:43 Funding Buy Sell Agreements 37:00 Final Call to Action Want a professional second opinion on your finances? 📈 🗓️ Schedule your financial plan review here: https://austaris.com/contact 🌐 Connect With Austaris Website: https://austaris.com Instagram: https://www.instagram.com/austariscapital Business Inquiries: info@austaris.com

39 min
Jun 16

What NOT to do when the CRA Audits YOU

Tax Litigator Dov Whitman, Jose Atencio and George Roth on What to Do (and Not Do) When the Brown Envelope Arrives. This episode features Montreal tax litigator Dov Whitman discussing how we should respond when we receive a CRA audit letter and why many people make costly mistakes by either overcomplying (giving more than requested and triggering deeper scrutiny) or undercomplying (ignoring or sending hostile replies that can escalate matters and even create criminal exposure). Want us to review your financial plan? Schedule a call here: https://austaris.com/contact Learn more about Austaris: https://austaris.com Contact: info@austaris.com 00:00 Audit Letter Mistakes 00:45 Meet Tax Litigator Dov 01:28 Why He Chose Tax Law 03:03 Fighting Government Overreach 05:29 Canada vs US Tax Code 07:30 CRA Intimidation Tactics 10:17 Money Pressure and Incentives 12:08 Protect Yourself in the System 14:11 How to Handle an Audit 18:12 Routine vs Serious Audits 19:06 Overcompliance Story Setup 20:35 Stop Overcooperating 21:03 First Steps After Letter 23:36 Avoiding Audit Triggers 26:21 Third Party Audit Risks 28:35 Government Data Powers 29:33 Guilty Until Proven 31:53 Records And Court 35:01 Who Gets Targeted 37:08 Fighting Back Options 38:54 AI And Audit Tools 41:23 Closing And Contact ======================================================================== *This video is for entertainment purposes only and is not financial or legal advice. Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Want a professional second opinion on your finances? 📈 🗓️ Schedule your financial plan review here: https://austaris.com/contact 🌐 Connect With Austaris Website: https://austaris.com Instagram: https://www.instagram.com/austariscapital Business Inquiries: info@austaris.com

42 min
May 11

The 7 Traits for Sovereign Capital

7 Non‑Negotiable Traits of Sovereign Capital In this episode, we (Jose, George Roth, and Wayne Durksen of Austaris) explain why capital must be preserved, protected, and available for acquisition without being put at risk, and we outline the seven non‑negotiable traits of “sovereign capital”: measurable monetary value, acquisitive purpose, preservation (not surrendered or liquidated), protection from external risks (tax, market, central bank liability), leverage without losing the underlying capital, control/ownership with full strategic command, and perpetual uninterrupted compounding across generations. We contrast capital with cash (time, energy, and choice stored in monetary form) and argue that renting capital from banks puts borrowers on the lender’s terms while banks rely on clients’ ignorance. We then test Canada’s RRSP against the seven traits and conclude it fails on acquisition, preservation, protection, leverage, control, and perpetual compounding. Finally, we connect the traits to IBC through a specially designed dividend-paying participating whole life insurance policy used to systematically accumulate, protect, and leverage capital for opportunities, entrepreneurship, and multi-generational planning. Want a professional second opinion on your finances? 📈 🗓️ Schedule your financial plan review here: https://austaris.com/contact 🌐 Connect With Austaris Website: https://austaris.com Instagram: https://www.instagram.com/austariscapital Business Inquiries: info@austaris.com

33 min
Apr 1

A Special Type of Savings Account

9 Guaranteed Features of a Special “Savings Account” Banks Can’t Offer (Participating Whole Life & Infinite Banking) Jose Atencio and George Roth expand their discussion on banking by presenting a “special savings account” with nine features that banks can’t offer: Lifetime deposits without contribution limits. Guaranteed tax-free annual growth that can’t go down or be zero. Long-term net internal rate of return historically around 4–5% compounded. Non-taxable dividends paid consistently for decades. The ability to borrow against the account up to the amount saved without interrupting compounding and often at rates that can be below prime. Lender-guaranteed loans with no personal guarantees, income proof, credit checks, or usage restrictions. Borrower-controlled repayment terms that can be deferred; a retirement approach to spend saved amounts and growth tax-free while still leaving a legacy. A large tax-free death benefit paid directly to beneficiaries, bypassing probate. The vehicle is a specially designed participating dividend-paying whole life insurance policy. 00:00 Guaranteed Growth Teaser 00:26 Podcast Setup and Goal 01:53 Feature One Unlimited Deposits 03:30 Feature Two Never Down 05:02 Savings Versus Investing 07:47 Feature Three Real Returns 09:22 Average Return Math Trap 12:05 Feature Four Tax Free Dividends 14:03 Feature Five Borrow Against It 15:57 Loan Call Risk 16:22 Bank Guaranteed Loans 17:54 Choose Repayment Terms 18:51 Spend Freely Retired 22:06 Probate Proof Legacy 27:22 What The Account Is 29:03 Whole Life Misconceptions 31:39 Set Up And Coaching 33:03 Final Thanks And Contact Want a professional second opinion on your finances? 📈 🗓️ Schedule your financial plan review here: https://austaris.com/contact 🌐 Connect With Austaris Website: https://austaris.com Instagram: https://www.instagram.com/austariscapital Business Inquiries: info@austaris.com

34 min
Mar 10

Debanked Canadians

Debanking in Canada (2025): Who Really Owns Your Money, and How to Take Back Control We discuss “debanking” (or “de-risking”) in Canada, where banks close customer accounts for perceived financial, legal, regulatory, or reputational risk, potentially cutting people off from essential activities. We argue bank deposits are legally loans to banks, making depositors unsecured creditors, and cite the 2022 trucker convoy account freezes as a precedent. We also describe fractional reserve banking as fragile, claim deposits are bank liabilities used repeatedly for lending while depositors earn little interest, and warn about potential harms of a CBDC as a programmable dollar. Noting that six big banks hold 93% of Canadian deposits, we emphasize control and propose “debanking the bankers” by using credit unions and “becoming your own banker” by storing and growing capital through specially designed insurance policies, aiming for a 10% tipping point to drive change. Contact us: https://austaris.com/contact info@austaris.com 00:00 Do You Own Money 01:00 Debanking Explained 02:48 Trucker Convoy Precedent 04:12 Canada Account Rules 05:32 Fractional Reserve Reality 08:39 Banks Profit Off Deposits 11:12 Unsecured Creditor Truth 15:32 CBDC Control Risks 18:12 Take Back Control 22:32 Debank the Bankers 24:09 Become Your Own Banker 26:24 Final Thoughts and Outro Want a professional second opinion on your finances? 📈 🗓️ Schedule your financial plan review here: https://austaris.com/contact 🌐 Connect With Austaris Website: https://austaris.com Instagram: https://www.instagram.com/austariscapital Business Inquiries: info@austaris.com

29 min

5 Episodes

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Austaris Capital Advisors
Years Active

2K
Episodes

5
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Clean
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The Sovereign Capitalist

The Sovereign Capitalist

Episodes

You Are Paying More Taxes Than Needed (SECRETS for Canadian Businesses)

What NOT to do when the CRA Audits YOU

The 7 Traits for Sovereign Capital

A Special Type of Savings Account

Debanked Canadians

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