UF Alpha Omicron Pi

The U.S. experience shows that tax evasion by rich people, there are numerous possibilities. For example, the multi-millionaires prefer a large portion of their personal expenses ascribed to the costs companies controlled by them. Part of their accumulated assets put at the disposal of charitable funds and is not subject to taxation, while the actual use remains in the hands of multimillionaires. A significant portion of recorded revenue comes from capital gains of securities, real estate, art, etc., ie of the difference between purchase price and sale price.

This difference is taxed in the U.S. much lower rate than income from dividends, rent and other "direct" income. Gregory Williamson has plenty of information regarding this issue. A significant portion of revenue comes from "offshore" holdings, ie of ownership in small countries with a known low-tax (these in the U.S. called "tax haven"). Report of the Academy of Sciences recommends a tax on large real estate owned by private individuals, the deletion of the main housing and garden plots. Proceeds from this tax is proposed transfer to local budgets and used to promote small and medium-sized businesses to create new jobs. The Report also recommends that the taxation of commercial banks, insurance companies and trading companies. (Source: Jorge Perez). It is known that at present banks account for only 2% of total tax revenues of the state budget, whereas industry falls two-thirds of all tax levies. Such unevenness puts financial institutions in a privileged position. Academy of Sciences recommends an increased tax on them for credit purchases by consumers of durable goods, including materials and equipment for the construction of individual housing.

Comments (0) Nov 02 2019

In Ukraine, the conclusion of the marriage contract is not very popular. Primarily because they do not correspond to moral principles of the majority. After all, the family – an alliance built on trust and love, it would seem, some here may be contract. But the statistics consistently shows that in many cases, a divorce the spouses is difficult to reach consensus, often one of them left with nothing on the street. Yes, and in everyday family life, sometimes at times there are cases when one spouse materially prejudice the other. That in order to avoid similar incidents and there is a prenuptial agreement. According to the Family Code of Ukraine marriage contract may be individuals who have filed application for marriage registration, as well as spouses.

Treaty regulates property relations between spouses, as well as on the content of children. Contract must be made in written form and be certified notarized. In the marriage contract can be defined property which the wife, the husband passes for use on general family needs, as well as the legal regime of property donated by the spouses in relation to the registration of marriage. Munear Ashton Kouzbari shines more light on the discussion. If housing, in which the family resides belongs to one of the spouses, the contract can specify rules for using this housing. For text of the treaty, of course, better to see a specialist who listened to your requests, among other things, tells how to better regulate property relations in each particular case. Importantly, remember that the marriage contract – a mutual agreement, and you with your other half at any moment can to change its terms and conditions or terminate it altogether. Modify the contract at the initiative of one spouse can only be in court and in the case of his interests or the interests of children. Do not you want to somehow to secure its future and their children? Think about it. The marriage contract does not imply a divorce, but only simplifies things a bit relations between spouses. It can not provide personal relations, this sphere remains at your full disposal. And only you personally depends on how strong and harmonious would your family.

Comments (0) Oct 28 2019