Lawyer Geoffrey Cone Responds to the Feature of Foreign Trusts

The latest media coverage over the foreign trusts in New Zealand makes the news seem more as if it is about exotic lands and wealthy people. Nevertheless, anything associated with taxes is much aligned to the mundane, and New Zealand is not recognized as a tax haven. Regions that are tax havens impose only a little or no taxes and have some degree of tax transparency. New Zealand does not adhere to such procedures.

However, the nation does not also have a secretive and big private bank sector.
Among the strategies through which New Zealand has established itself as a leader in transparency in tax, matters are in the manner it handles its foreign trusts as well as the way through which they are up to the requirements that are placed on the trustees.

All of these proceeds to the assistance of other various governments, which may lead to relevant information. As per the new rules on the same, any trustee in New Zealand of a foreign trust will be required, as per the requirements of the IRD, to submit a form of disclosure. Additionally, they will also have to maintain clean financial records for the purposes of tax. These may comprise of details of settlements and distributions, the trust deed, details of the assets and liabilities of the trust as well as any funds that the trust spends or receives. Failure to keep such accounts could result in hefty fines and penalties.

In many nations, any person settling a trust has to report the fund settlement to their own relevant revenue authorities. New Zealand boasts 39 separate double tax agreements. These agreements are in place to aid in the reduction of tax hindrances for cross-border trade and investment. They are additionally used to help in preventing tax avoidance and tax evasion. Adding to the double tax agreements, there are more than 20 exchange agreements in New Zealand for tax information with other jurisdictions. This helps by assisting in the prevention of tax evasion and tax avoidance. None of these strategies is distinctive of a tax haven.

New Zealand does not engage in competitions with tax havens. Alternatively, it interacts with other jurisdictions including the US, Singapore, and Britain whose governments all have a transparent program of the tax system. Additionally, these governments similarly employ taxation principles concerning their foreign trusts. Any matters regarding the usage of foreign trusts may be efficiently directed towards regulating our firms to ensure that they are all coherent to the same high-level standards.

Lawyer Geoffrey Cone is one of the distinguished partners at the Cone Marshall law company. The law firm works directly and closely with international advisers and families. Geoffrey Cone has successfully practiced and qualified in commercial litigation law as well as tax and trust advisory works. He has made significant appearances as a leading counsel in all levels of courts. Geoffrey Cone’s law firm is the only one in the entire New Zealand that has an exclusive specialty in the sector of international tax and trust planning. Additionally, the law company offers their wide range of clientele with trustee services as well as trust management through its other branch-affiliated companies.

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Labaton Sucharow Whistleblower Client Awarded the Second Largest Grant Ever by the SEC

The SEC recently awarded a whopping $17 million award to a Labaton Sucharow whistleblower who helped expose a significant wrongdoing in the financial services industry. Labaton Sucharow was representing the whistleblower client and acting on its behalf. The firm since its inception has been dedicated to representing whistleblowers and was extremely pleased to announce the news. The client did not wish to be named for the fear of backlash and the SEC maintains confidentiality in such cases. In the particular case, the amount of sensitive high-quality information provided by the whistleblower led to the imposing of strict sanctions against a major player in the financial market.

The chair of Labaton Sucharow’s whistleblower Representation Practice and lawyer for the SEC whistleblower program, Jordan A Thomas said in a separate statement that the client had chosen to act and blow the lid on the perpetrators rather than being silent on the subject. Mr. Thomas says he expects many more individuals to come forward and that more cases significant and larger cases would be the result of courageous whistleblowers.

Enacting of the Whistleblower program

The congress was instrumental in enacting the Dodd- Frank Wall Street Reform and Consumer Protection Act. The Dodd-Frank Act immediately established a new whistleblower program after coming to power. The program provides for employment protection and financial incentives for individuals who report violations of the federal securities laws to the Securities and Exchange Commission (SEC). The Dodd-Frank act also prohibits retaliation by employers against whistleblowers who report to the SEC under the whistleblower program. The whistleblowers are also allowed a chance to report anonymously if they are represented by their respective attorneys.

The passing of the new legislation saw Labaton Sucharow to become the first law firm ever to establish its practice which revolved around the advocating and protection of SEC whistleblowers. The SEC whistleblower program which is now entering its 6th year has seen a surge in such cases after the introduction of the program. The program allows for eligible whistleblowers to receive a 10 to 30% monetary sanctions collected in a successful suit which exceeds $1 million or above. Based on the meeting of this particular threshold, there are additional benefits involved based upon the monetary sanctions.

The SEC whistleblower program can be contacted via phone, email or an electronic submission through its website to request a case evaluation. This is handled by the Whistleblower Representation Team and all these communications are protected by attorney-client privilege.

Solving Math Becomes Easier With Solvy

Does your child not bode well with the idea of doing math and shies away from it?

Is Math a difficult subject for your kid in school?

Does your kid not respond to any form of teaching the subject?

If your answer is a yes to all the above questions then welcome aboard. You are just one of the many parents who is suffering from the same dilemma of teaching their kid the basic skills of math. This article will tell you about a program that has been customized for teaching your kid the subject in a conventional manner.

Solvy, a unique adaptive learning program is the answer to the problem. Solvy involves teaching mathematics to students by providing them a menu of relevant subjects and tracking their progress while they are solving them.

It is a user-friendly interface designed for kids as well as teachers where kids have the option to learn by themselves, through their teacher or their classmates. This platform enables teacher and students to have an out of the bounds teaching and learning experience.

The online system is a go-getting collaborative tool wherein several students can work and collaborate on a project together. Solvy has been made as such that students do not have problems inputting complicated math formulas on the computer. Teachers can put up assignments and various exercises for students to complete based on their interests and needs and evaluate them accordingly.

Teachers can assign specific assignments for students to complete and students can keep a track of the same via a virtual calendar and get notifications about any upcoming deadlines related to it. These assignments can be submitted online by the students. There is also an active forum for teachers and students to interact.

About the founder

Alexei Beltyukov is the founder and CEO of Solvy. Alexei Beltyukov is a philanthropist and a Russian entrepreneur involved with many businesses and start-ups. He formed Endemic Capital with an aim to provide funding to many Russian start-up companies and is currently its managing partner.

 Alexei started his career in medicine and later switched his gears towards doing business with which he pursued an MBA. After doing his MBA, he became proactive in doing business and was instrumental in the founding of many business ventures like New gas technologies, A-Ventures and Mechanicus.

Beltyukov is also a committed philanthropist devoting his time in several organizations and also collaborating with the Russian government through his Skolkovo Foundation to providing grants and opportunities for tech start-ups in Russia.

A Whistleblower Is Awarded $17 Million Under The SEC Whistleblower Program

Securities and Exchange Commission (SEC) has awarded a whistleblower more than $17 million. This is the second largest amount that the commission has ever awarded a whistleblower since it was established. Labaton Sucharow LLP, the law firm that was representing the whistleblower, made this announcement. This individual claims to have given SEC crucial information on a high-profile case.

SEC whistleblower lawyer Jordan Thomas, who is an attorney at the law firm, represented the whistleblower. This award will encourage more people to participate in the program. The objective of this program is to eliminate rogue individuals and companies from the financial sector. The whistleblowers help in averting embezzlement of funds by employees of a given corporation. They enjoy witness protection because of the risks involved in reporting such malpractices to the SEC.

Currently, the SEC Whistleblower Program is in its sixth year. It was established after the economic meltdown of 2008. Through the program, individuals that provide information to the commission, leading to the recovery of wrongfully gained wealth, are awarded a portion of the amount. According to the law, the whistleblower is entitled to between 10 and 30 % of the total sum recovered.

The whistleblower had chosen to remain anonymous. This individual provided information that led to sanctions against a major player in the industry. Information about the company and the case that was solved remain a secret. Revelation of such information might lead to the indirect identification of the whistleblower. The advantage of remaining anonymous is avoidance of retaliation and blacklisting. This information was originally published on PRNewswire as provided in this link

According to SEC Whistleblower attorney Jordan A Thomas, the information provided by the individual has helped protect many investors. These investors would have suffered immense losses considering that other players in the financial industry had chosen to keep quiet. He encouraged more people having information on financial malpractices to come forward and help SEC protect investors from companies that have unethical practices.

About SEC Whistleblower Program

The SEC Whistleblower Program started operating in 2010. This was after the Congress deemed it fit to pass the Dodd-Frank Wall Street Reform and Consumer Protection Act. Through the Act, individuals having information on financial frauds are encouraged to report the information to SEC either through a lawyer or personally. They are also entitled to a percentage of the recoverable amount based on their information.

Why Visit the Kabbalah Centre

Having a spiritual experience with other people can be something you have never done in your entire life. This is why so many people are considering visiting the Kabbalah Center because of all that it is able to offer to them. The Kabbalah Centre has been in business for many years and continues to be one of the top spiritual facilities in the country. This is why so many people are making the decision to visit this amazing facility and to see what it is all about as well as to make use of the many services that they have available to members as well as visitors alike.

There are so many people who are looking to have a thorough spiritual experience that they can enjoy alone or with their loved ones. This is why the Kabbalah Centre is one of the top spiritual facilities in the country and why Millions upon millions of people visited each and every year. Make sure that if you are interested in the Kabbalah Center and would like to know more, you visit its website and social media accounts to see what they are able to offer to you and any other services that happen to be available at the current moment.

Lots of people have made use of the Kabbalah Center in the past because of all the different spiritual services that they have available to the public. You will also find that by visiting the website for the Kabbalah Center, you learn about all of the different Services as well as special events that are coming up in the near future. This will enable you to make better use of the facility and to see what is there for you every step of the way. Not only is the Kabbalah Center one of the top spiritual centers in the country, but it also has a rich source of members with whom you can connect with on a routine basis while they are. Make sure that you visit the Kabbalah Centre or its website so that you can learn as much as possible about this amazing facility before visiting it.

ClassDojo Raises $21 Million and Aims to Revolutionize Parent-Teacher Communication via App

ClassDojo was honored for an app that provides educators and parents a platform to communicate.The 2016-innovation by design awards awarded Class Dojo the leading company in innovative designs. ClassDojo aims at facilitating consistent interaction between parents and teachers regarding the student’s development and social behaviors and activities while at school.

A lot of student related activities can take place in a semester. ClassDojo will ensure that a parent is kept up to date with matters regarding their kids. Communication through the app will be continuous and will take place yearly and even throughout the day. It will enable real-time communication between parents and teachers.

Teachers will be able to relay information about their students to parents frequently, and thus the parent will keep track of the child’s behavior and not be surprised or caught off guard by incidents or issues that only discussed in the parent-teacher meetings that take place once a semester.

Liam Don and Sam Chaudhary, the co-founders of ClassDojo claim that the company closed the round late in 2015 and are using the capital to grow and enhance their team. They added that they were planning to add content and features in Class Dojo that can be useful to parents not only during school days but also during holidays.

According to Chaudhary, the app could help parents guide conversations at home to support the learning and development of their kids. On the teacher’s side, the ClassDojo would assist in making scheduled activities both curricular and non-curricular known to parents. Teachers would also use the app to send photos and videos of the student’s activities to the parents.

About ClassDojo

Sam Chaudhary and Liam Don founded ClassDojo back in 2011. It serves as a communication platform that is used by millions of teachers, students, and parents. It enables connection and empowerment to cultivate positive behavior like persistence and teamwork among students. Improving positive behavior among students will save a significant amount of class time that would otherwise be spent addressing discipline.

ClassDojo is a startup and has only 25 employees. The founders claim that it is yet to generate revenue but are now focusing their efforts to distribute it to more schools, teachers, and parents. According to the company reports, educators and parents in over 85000 schools in the United States actively use ClassDojo. ClassDojo is used by schools ranging from the largest public schools to private and charter schools.

Fabletics Opens First Florida Store

Fabletics, the Hate Hudson-owned athletic apparel line, has opened its first store in Florida. The store is located at the Mall at University Town Center in Sarasota, Florida.

Fabletics stores sell a variety of workout, yoga, running gear. While the clothing is stylish and high quality, they are offered at affordable prices, with most items selling for under $50.

Hudson, an actress and fitness enthusiast, launched Fabletics in 2013 as an online store on The first brick and mortar store was opened in 2015 and has steadily been growing since. Currently, there are 16 Fabletics stores spread throughout the United States.

The Sarasota store will officially hold its grand opening September 24th from 11am to 2pm. There will be a DJ, champagne, and the store will host a giveaway for those in attendance on All shoppers will receive a 20% discount and a free pair of black Salar Capris will be given away to the first 50 shoppers who spend a minimum of $69.

Fabletics was started to fill a gap in the activewear marketplace. While there were plenty of luxury brands, with high price tags, there was not a line that provided both high quality and an affordable price. And consumers have responded positively.

The El Segundo-based company recorded revenues of $150 million in 2015, and they plan to open 75 to 100 new stores in the next three to five years.

According to JusFab co-founder and co-CEO, Adam Goldenberg, the brick and mortar locations will mirror the online experience. Fabletics is a subsidiary of JustFab and Goldenberg teamed with Hudson to launch Fabletics in 2013.

The company views the store locations as showrooms for the items that consumers see online. Currently, nearly 40% of in-store sales come from consumers who are already members of Fabletics’ VIP subscription service.

By aggressively opening brick and mortar stores, Fabletics is taking direct aim at its main competitor, lululemon athletica. According to Goldenberg, the company will attempt to open new stores directly near current lululemon locations. He states that they do, “very, very well” when they are located near their competitors.

Fabletics will not be the only activewear chain doing business at the mall. Other stores include lululemon athletica and Six:02.

Keith Mann Breaks All the Right Rules for the Right Reason

The saying that rules are meant to be broken is never truer than when doing so helps those in need. In the case of experienced pilot, Keith Mann, breaking all rules recently meant helping to reunite pets with their owners amidst wild fires in Fort McMurray.

After more than 80,000 residents were forced to evacuate from the city, many were separated from their beloved four-legged friends. Knowing how important the love of a pet can be during such chaotic times, Keith Mann made the call to forgo Suncor Energy’s policies regarding pets and travel in favor of allowing multitudes of animals onto the flight. Specifically, Suncor Energy’s rules require minimal animals on a flight and those that are must be secured in a kennel.

As Keith allowed numerous animals to board, passengers and crew alike began making accommodations in order to make sure that everyone was comfortable and safe. Large dogs slept in the isles and rows of seats, smaller animals rested in bags and on laps, and those that couldn’t quite behave were even locked in the bathroom. All animals were safely cared for as the flight evacuated everyone aboard from the dangers of the encroaching wildfires.

Of course, Mann’s quick and efficient decision making didn’t go unnoticed. As those aboard the flight took notice, some began to photograph and post pictures of the animals on the flight to social media. It wasn’t long before a tweet from Big Brothers Big Sisters of Pictou County showing two dogs asleep on the flight gathered 51 likes and 31 retweets.

But for Mann, it’s not about recognition or going viral. Breaking such strict rules regarding animals and travel is something that Keith Mann honestly never thought he’d see himself doing, but when it came down to it, the most important thing to consider was the safety of Fort McMurray’s residents and their furry friends and providing some much needed relief to those who need it.

Find out more about Jose Manuel Gonzales

Correctional Facilities are Enjoying Automated Digital Processes Courtesy of Securus’ ConnectUs Application

Securus Technologies has confirmed its willingness to save clients time and money by incorporating Grievance claim and Inmate Forms on the innovative ConnectUs application. The launch of this application is part of our mission to avail latest and efficient technologies to our clients. Inmates can access different types of forms easily and on time.

Corrections agencies use paper forms for numerous prisoner requests ranging from grievance, sign up forms, to handbook acceptance forms. Therefore, correctional officers take a lot of time to distribute, collect, route, log, file, and store forms. With ConnectUs, custom forms for varied requests can be created with ease and availed to the inmates. It only takes prisoners a few minutes to change a form. Inmates enjoy self-services access to various forms and ability to check up the status of grievances. In case they are unsatisfied with the outcome of their grievance claims, they can appeal them.

The ConnectUs application can closely monitor what is available to detainees and when. Therefore, correctional facilities have power over the content that incarcerated person can access. Additionally, correctional officers can communicate with inmates via digital inmate bulletin platform.

Securus Technologies

Securus Technologies offers solutions to problems that corrections facilities and inmates encounter. Over 2,600 corrections agencies and over one million incarcerated persons have benefited and continue to benefit from our services. Our main purpose is to make corrections facility safer and allow inmates to stay in constant contact with their friends and families. Our technology products have made it possible for corrections facilities to reduce structural costs while promoting operational excellence.

We offer emergency response, investigation, biometric analysis tools, monitoring products, management of information, and inmate phone services. In 2015, we acquired JPay Inc., a reliable technology firm that introduced unique apps ranging from electronic payments, educational, email, and entertainment. The acquisition has made us one of the fastest growing technology companies in the corrections industry.

The IAP Worldwide Logistic Company

The IAP Worldwide Services is founded in Irmo, SC and is a specialized procurement and logistics company. The company was started as a contract that provides the generators to the military of the United States when it was at war with the Saudi Arabia. This then turned the company into the proud supporter of the US troops during the storm desert operation. The company is now a trusted ally and partner with the United States military. It also continues in winning the contracts for the international procurement as well as for the mobile and temporary power generations. IAP Worldwide provides the emergency disaster relief as well as transportation services.

IAP is the leader in the providence of facility management as we as the global logistics and also the professional, technical and advanced services. The company has more than two thousand employees that are located in more than twenty-five countries in the world.

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Jobs – Kabul, Kabul, Afghanistan – IAP Worldwide Services

IAP: Home

For the company engaging with the unexpected has always been their work. They engage from the overseas battlefields as well as the natural disasters. They are also very ready at every moment whether it is day or night with the kind of experience they have, they carry out and coordinate technical challenges and complicated logistics. They also manage and maintain the military operations as well as installations to the small size of a small city as well as civilian activities that are working hand in hand with the remote research facilities that include the laboratories. The IAP Worldwide Services delivers the kind of technology and program management that is very necessary in supporting the workforce of their clients with their flexible needs around the world.

For more than half a decade, the company has continued to build its outstanding reputation that has succeeded them as a reliable and most responsible leader in the market that is in not only meeting the specific expectations of the customers but also building the flexible needs around the world. The main issues that make their customers kept loyal to them are the fact that they are always available at any time for their clients and to provide the solutions to the challenges that their customers face with a lot of accuracy. They adopt the challenges that their customers are facing, they develop a plan and solve the problem with a mission like it is their own and channel the conviction and passion to the inventive solutions and their exceptional results.

Learn more about IAP Worldwide Services: