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Category Archives: Lawyers

New Zealand is Not a Tax Haven

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The first thing that many people think of doing when they have a lot of money is moving to a place that is a tax haven, or somewhere that does not have a lot of taxes for people to pay. Anyone who is thinking about moving to New Zealand for those reasons can forget about it but there are also many other reasons to move to New Zealand.

New Zealand has what is called tax transparency. This means that the country is completely open about taxes and exactly what they will be depending on the situation that each individual is in. It also means that everyone will know what they need to pay when it comes to taxes and what will be expected of them in each situation. The aspect of taxes being paid in New Zealand depends on the individual and what they are able to do with the things that they have to work with.

It is not likely that New Zealand would ever be a tax haven. They are not currently one, have never been one and there are no plans for the country to become one because of the massive amounts of problems that come with being a tax haven for people who only want to make some money from the country that they are in. While New Zealand is not necessarily a tax haven, it is a great place for someone who has a lot of money and wants to enjoy the transparency of the country.

Geoff Cone talks about the different aspects of taxes in New Zealand and he knows that it is important for people to recognize that he is one of the biggest supporters of the tax transparency system in the country. He wants everyone to know that things are not completely tax free in the country and that people can expect to pay taxes. He also wants people to know that they can do different things when they are in the country and the country will communicate with other countries that also have the same tax transparency in their own countries. http://www.stuff.co.nz/life-style/home-property/nz-house-garden/70660199/couple-bring-their-laidback-kiwi-style-to-uruguayan-home

As one of the experts on the subject, Geoff Cone feels confident that he knows how to help people who are looking for a transparent tax country. He is a global advisor and he helps people who are planning to move to the country of New Zealand and other countries. He is a strong supporter of these people and he has made sure that he knows all of the laws when it comes to taxes in New Zealand. As a global attorney, Geoff Cone has been able to help many people figure out what works for them when they move to New Zealand.

Learn more:

http://www.businesslist.nz/company/143875/geoffrey-cone

How SEC Is Encouraging More Whistleblowers To Speak Out

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Securities and exchange markets provide individuals with the opportunity to invest and make money from their investments. However, in the past, some players in the sectors have participated in various crimes that saw unsuspecting investors lose their hard-earned money. Despite other players in the industry having information on these fraudsters, many have always been afraid to step forward and report the crimes since they fear for both their security and that of their jobs. To solve this problem, the Securities and Exchange Commission has come up with new methods to lure these crucial witnesses to speak out.

One of these ways is the implementation of the Dodd Frank Wall Reform and Consumer Protection Act. The Congress enacted this Act in 2010 in order to provide new financial regulations in the United States. The Act offers whistleblowers numerous incentives such as employment protection, financial rewards and personal safety. In exchange, the whistleblowers are expected to report individuals and institutions that are violating federal securities laws to the SEC. The information is then used to investigate and prosecute the lawbreakers.

After the Act was passed, many organizations stepped in to help the Act achieve its agenda. For examples, law firms across the nation have been establishing practices meant only to focus on protecting whistleblowers. The practices also encourage more people to come out and report financial crimes through a trusted SEC Whistleblower attorney. Labaton Sucharow was the first firm, in the United States, to create these services. Jordan A. Thomas heads the firm. He is a former leader at SEC. At the office, Thomas worked as both the assistant director and the assistant chief litigation counsel. During his time at the commission, he participated in the drafting and implementation of the act. This information was originally mentioned on Sec Whistleblowers as given in this link http://www.secwhistlebloweradvocate.com/program/program-overview

The first significant change that the new legislation brings to whistleblowers is maintaining their anonymity. In this move, a whistleblower can use the services of SEC Whistleblower attorneys to report the crime to the SEC. The act also prohibits firms from retaliating against whistleblowers. This means that one can report directly to the SEC and still enjoy his or her job security.

In addition, whistleblowers are entitled to 10-30% payout from all successful SEC enforcement that arose from the information provided by them. However, the sanctions must exceed $1 million for the whistleblower to be paid. Despite this threshold, there are additional awards whenever the monetary penalties collected exceeds that amount.

The new incentives have seen many people open up and join the SEC Whistleblower Program. Whistleblowers can provide information through phone, email and other electronic platforms. This makes it easier for the whistleblowers to participate in the program and still protect their identities.