Lawyer Geoff Cone Responding To The Feature Last Week Regarding Foreign Trusts

In recent news stories, the media has taken the coverage about New Zealand’s foreign trusts issues out of hand and made it seem like some crazy story made for the movies. However, there is nothing exciting about tax laws the way the news has been reporting it. It all boils down to the fact that New Zealand is not considered a tax haven. For a government to be considered a tax haven, they have to impose minimal or low taxes and keep a certain level of tax transparency. New Zealand does not happen to follow these procedures and they are not hiding some private banking industry the way the news is making it seem.

New Zealand has long demonstrated that they are a leader in tax transparency. They have shown this through how they handle their foreign trusts and how they hold strong to their requirements placed on the trustees of the foreign trusts. These requirements are in place to help assist other governments in the event they request relevant tax information about foreign trusts. When it comes to the new rules set in place, New Zealand trustees of foreign trusts are required by law to submit disclosure forms. This is a requirement set by the IRD. Trustees must also keep detailed financial records for foreign tax purposes as well. The financial records must include things such as settlements and distributions, the trust deed, details of the trustee’s assets and liabilities and any money that is received and spent. If a trustee fails to keep accurate records, there could be tax penalties and fines to be paid.

In most other countries, the person who settles a trust is required to report that settlement of funds to the revenue authorities. In New Zealand, there are 39 types of double tax agreements in use. They are set in place in order to help reduce tax fraud and evasion for cross-border trades and investments. Additionally, New Zealand also has more than 20 other tax exchange agreements with regards to tax information with other countries. These are also in place to help prevent tax evasion and avoidance. All of these tax agreements are not typical for tax havens.

New Zealand does not try to compete with tax havens. Alternately, they interact with other jurisdictions such as Britain, the US and Singapore which have their own transparent form of tax system and apply taxation principles that are similar to the ones in New Zealand. If there is concern for using foreign trusts, it may be best to direct our attention towards regulating our own trust companies and ensuring they all meet the same quality of high standards.

Geoff Cone is a well known international tax and trust attorney who resides in New Zealand. He graduated with LLB honors from the University of Otago and has been practicing law for over 18 years. He specializes his practice in wealth planning in the countries of Spain, Italy and Latin America.

Learn more about Geoff Cone:

http://www.conemarshall.com/cone-marshall-attorneys.html

https://nz.linkedin.com/in/geoff-cone-47b5b96

The Austin Business Journal Awards Local Business With Fast 50 Distinction

The Austin Business Journal has recognized Status Labs, a digital reputation management firm, as one of Austin’s fastest growing companies. To be included on the Fast 50 List is quite an honor. Qualifying for this award means a company has to show “dramatic revenue growth” for the previous three years, and Status Labs has certainly done that. They have been recognized for a 1,099% growth from 2012 to 2015 and their numbers continue to rise.

Darius Fisher is the President and CEO of Status Labs, and is of course pleased that his business has been ranked among Austin’s 50 fastest-growing companies. He feels that being recognized by ABJ will motivate his company that much more to strive for the best in strengthening and expanding his digital campaigns. Status Labs offers the best Austin has with digital reputation management, public relations, digital marketing campaigns, and SEO.

Status Labs has an admirable goal which is to make a difference in Austin with steady growth nationwide. Founders Darius Fisher and Jesse Boskoff work towards that goal and to ensure that Status Labs continues to remain a solid force in the digital industry. Status Labs shares the honor of being on the Fast 50 list with other prestigious Austin businesses such as 9Guage Partners, Freedom Solar Power, and Clear Measure Inc. among others.

Although being included on the Fast 50 list was truly an honor, it’s not the first time Status Labs has been recognized as a leader in the field of digital management. Their mission to make sure their clients do well in search results and help them build good online reputations through effective digital marketing has been quite successful. They have more than 1500 clients in 40 countries, and you don’t get those kind of statistics without being the best money can buy.

The FreedomPop Cure for Phone Service Headaches

FreedomPop is a great plan for cell phone users. I have nothing negative to say when it comes free phone service. I would say that this is the best among all the other cell phone service carriers out there. I know that this company does not have the big television presence that other companies like Verizon and Sprint have, but FreedomPop doesn’t need commercials. In 60 different countries there is a word-of-mouth buzz that is spreading like wild fire. Everyone is curious because this is a company that has present smart phone users with something that they never thought was possible: smart phone consumers now have the chance to get some free service for the previous smart devices that they have spent so much money on.

A simple FreedomPop review has revealed that this is the type of company that is helping people that need to continue communicating. The small business owner that doesn’t have a big budget for phone bills should consider the benefits of FreedomPop. The single mother that just wants to keep up with her children should consider what FreedomPop is offering. There are so many people that can use a phone service like this because it gives them a break from the outrageous cell phone bills that have been popping up in America.

There is a reason that people are getting hit with the major bandwidth charges. This reason is the state of entertainment as we know it is evolving. People are not buying as many movies and music as they used to. Everyone is interested in the concept of streaming now. That is the brand new thing that has taken over the world. Music services are streaming and movies are streaming through Netflix. People want to have the ability to see and hear all of this through their phones. That is why what FreedomPop is doing is so amazing. This is a company that managed to give many people access to phone service that is unlike anything else that they have ever experienced before.

I see myself as different. I don’t need any streaming services. I just like to make a few calls and send a few text messages. If I do any streaming I will do it at home through my own router. That is why I can appreciate FreedomPop. It gave me the freedom to cancel my cell phone bill.

Wengie’s Back to School Hair, Makeup and Fashion Ideas

The YouTube star Wengie recently came out with a back to school video to help inspire her high school fans when they go back to school. The idea behind the video is so she can inspire high school students with simple, quick makeup, hair and fashion looks to put together for the school year.

She recommends a neutral makeup look for back to school. Wengie applied just a BB cream for foundation and used concealer wherever she needed it along with dabbing some of it where she wanted to highlight areas of her face.

Wengie used a ceramidin lip cream on her lips to moisturize her lips. She recommends anyone who lives in a dry environment or who have dry lips should use a lip cream or lip balm during the school year. She later tapped a bit of peach pink lip tint over her lip cream.

Instead of getting another liner just for your brows, Wengie recommends to use an eye liner pencil for your brows so you don’t have to buy more liners. She filled in her brows then brushed over them with a brow brush.

Wengie then used a bronzer for a neutral eyeshadow. Then she used the same eye liner pencil she used for her brows to use to outline her upper and lower lash line. Wengie then curled her eye lashes then applied mascara on her lower and upper lashes.

For contour Wengie just used the same bronzer she used for eyeshadow on any areas of her face that she wanted to contour.

Then Wengie used the same lip tint she used on her lips to dab a dot on each of her cheeks with the lip tint. Then she rubbed it in to make a simple, subtle blush.

All you need to achieve this look is a brown eye liner, bronzer, a lip tint, mascara, lip cream, BB cream and concealer.

Wengie also gave the beauty tip to try circle contact lenses to make the eyes look slightly bigger. Her other beauty tip is to do a side fishtail braid.

For fashion ideas Wengie recommends getting some oversized sweaters to layer over leggings and skirts for a cute look.
Learn more about Wengie:

http://misswen.tumblr.com/

Benefits That One Can Accrue By Using Wikipedia

Over 80,000 volunteers edit Wikipedia every month. These editors and writers provide their services for free. They also remain anonymous. This phenomenon intrigued two researchers, Stephan Seiler and Aleksi Aaltonen. To this end, the two associate professors analyzed 1,310 articles, which had been edited 63,000 times in a period of 8 years. The outcome of their research stunned them as they found that edits attract editors who create new Wikipedia revisions and the sequence continues. According to the two, a typical edit on Wikipedia is shorter than tweets, only 37 characters. Based on algorithm, they found that 8% of the edits were made by deletions while 43% were made from pure additions. In conclusion, Seiler suggests that two strategies should be used to enhance the new wiki-like platform. These strategies are pre-populating wiki with the current content and giving incentives to the individuals that may become Wikipedia editors. This information was originally mentioned on Stanford Business as explained in this link.

If you are in need of an article that has been created or edited, it is advisable to hire Wikipedia experts who are veterans at their job. Each Wikipedia page should have significant support from reliable sources that have been referenced and formatted properly. They should also be written using Wikipedia’s style. By virtue of having heavy traffic in the world, Wikipedia is a valuable digital asset to a business or an individual. In most instances, Google results populate its Google Knowledge Graphs using Google results making the site rank highly on search results. In addition, Wikipedia monitoring aids in doing away with malicious edits that can hurt an individual or business. You can update a Wikipedia page to be translated into any language courtesy of professional translators. This information was originally published on Get Your Wiki.

If one has searched something on Google, he or she must have come across the relevant Wikipedia link among the top five results on Google search page. When used in an effective manner, Wikipedia can serve as an online marketing tool. It can beef up one’s personal brand. When you create a Wiki page it can also augment the online presence of a given company. Wikipedia is regarded as a valuable encyclopedia. Content writers are not hired to create posts. Given that it is an open source, one can accrue many benefits by using Wikipedia. Through the posts, one can create or edit a Wikipedia page about his or her business or personal profile. In addition, an individual can enhance the reputation of his or her company. These posts augment one’s credibility, authenticity and prestige. Businesses can convert the traffic into sales. A high number of people visiting one’s page can enhance the visibility of a given business on the search engine results. This information was originally reported on Jeff Bullas as highlighted in this link http://www.jeffbullas.com/2013/10/31/why-wikipedia-is-a-powerful-marketing-tool-for-personal-branding-and-business/