President Barack Obama has set forth an important initiative with the aid of Congressman Neal, Senator Kerry, Chairman Baucus and Rangel. The agenda is to empower the government of the United States of America to combat oversea tax havens, such as Swiss bank accounts.
The president has partnered with...
Over the years, Hong Kong has maintained itself as one of the most preferred jurisdictions for doing business due to many reasons. They include the ease of company formation, free trade policy, direct connection to China’s market, modern infrastructure, high-qualified workforce and many more.
But for many foreign investors, the...
Self-employment is typically defined as working for oneself out of one's home, running a business as a single proprietor, participating in the gig economy, working as an independent contractor, being a part of a group that does, or carrying out similar activities. In addition, this covers side employment and...
Property ownership is complicated in many countries. Most folks can’t afford to purchase property outrightly, but it is easier to make periodic payments.
Countries with developed financial structures and secure financial institutions facilitate purchasing property. Most people acquire real estate through mortgage financing.
In making payments on your property, you might...
Taxes may feel like a heavy burden, but they're an integral part of any functioning economy. Each year, you're likely to fork out some cash to Uncle Sam. But there's good news. A plethora of tax deductions can significantly lessen your tax bill.
In this article, you'll learn the key...
The first step to setting up a successful business is having an excellent business plan. This document provides information on your product or service idea, your start-up capital, structure, projections, and more. Students looking to achieve success have to conduct extensive research on every factor affecting their enterprise, and...
When corporations make plans to evade taxes, they rarely consider the impact that tax evasion has on both developed and developing nations. According to the Tax Justice Network, there is an estimate of between $21-$32 trillion that is associated with private wealth held offshore. The annual global losses...
As a small business owner, you probably assum the IRS isn’t concerned with how little or how much you pay in taxes. However, since 2016, the IRS has increasingly targeted startups for tax audits, so it’s important for you to prepare your tax returns correctly, regardless of income.
How To...
