For a country that is not a tax haven, New Zealand’s dealings in foreign trusts have been in the spotlight. The media has been portraying New Zealand as a tax-free center with a private financial sector. Geoffrey Cone came out strongly after this media coverage and gave his opinions – he stated that the country had some of the best tax policies across the globe. He began by clarifying that New Zealand is not a tax heaven as postulated by the media. Record of the Organization for Economic Cooperation and Development (OECD), a forum that unites governments through market economies clearly, indicates that New Zealand has implemented a comprehensive taxing system.
Foreign trusts transactions
Foreign trusts are quite popular in this country since they offer asset and estate planning benefits to the owners. New protocols developed in 2006 by Michael Cullen have been introduced to aid in foreign trusts transactions. These protocols dictate that a trustee of a foreign trust must submit a Foreign Trust Disclosure form. The trustee is also required to file all documents associated with the trust. Other information to be filed, include details of settlements, trust deed, money that the trustee gets and is allowed to spend, and the trust’s assets and liabilities. Additionally, all records must be documented in English and stored.
Geoff Cone, a talented legal expert
Geoff Cone is an alumnus of the distinguished University of Otago and has a degree in law and a postgraduate diploma in trust law and tax. He began his career at a popular law firm in 1980 and worked his way up to the top leadership position. While working for this company, he gained experience in commercial litigation. Having worked as a litigator for years, he opened his law firm, Cone Marshall, in 1999. The firm specializes in tax planning, international trust, and financial management. The law firm also offers consultation services to clients on issues related to tax structuring and succession.
Cone Marshall is listed as one of the largest law firms in New Zealand with a diverse group of employees. Geoff Cone has hired lawyers and accountants to help in offering unparalleled representation and legal guidance to clients. Having specialized in tax and trust law, Geoff Cone is one of the lawyers who understand the ins and outs of the New Zealand’s tax system. For people planning to move their businesses to New Zealand, Cone is an ideal candidate for such a job.
Learn more: http://www.stuff.co.nz/life-style/home-property/nz-house-garden/70660199/couple-bring-their-laidback-kiwi-style-to-uruguayan-home
Dan Newlin is one of the most successful injury attorneys of Florida. He has a wide spectrum of experience in the field and his first tip to anyone involved in an injury is to clear the mind and think straight. A lot of people are involved in auto accidents – either as victims or perpetrators. For the people who have been hurt due to an auto accident, Dan Newlin recommends a series of steps. Education is the first step to getting justice and knowing about the following steps would help the victim’s lawyer immensely –
Step 1: Call 911 And Let Them Know About the Accident – Dan Newlin says that the first step should always be calling 911 and informing the law enforcement authorities about the accident. When they arrive, victims should cooperate as much as possible and help the police officers see the situation clearly. If the report is finished, then a copy should be obtained.
Step 2: Get Some Medical Attention For Injuries Immediately – With auto accidents, one can never be too careful about injuries. No matter how mild the injuries may seem, it is best to visit the ER and have a doctor examine the injuries. Sometimes, an injury might seem mild at that moment but could later turn into something serious. Being careful is the best course, says Dan Newlin.
Step 3: Dan Newlin strongly suggests that you get contact info from witnesses at the scene – If there are any witnesses at the scene, it is best to note down their information and names. Later, this information can be offered to the lawyers who would have an expert interview these people. If the witnesses are unknown people, they would be “independent observers” in the eyes of the law and would greatly help in the justice process.
Step 4: Click As Many Photographs As Possible – The photographs taken at the scene should include the picture of vehicles and, if relevant, the road hazards such as debris, potholes, et al. Simply using the phone camera can also be helpful. Some examples can be found on Yahoo.
Step 5: Call Your Lawyer – After everything is sorted, the lawyer’s office should be given a call immediately so that the process can begin as soon as possible. Any delay can be problematic. Dan Newlin also recommends calling the lawyers before contacting the insurance company in relation to the accident.
Most importantly, Dan Newlin advises people to remain calm and clear headed.