New Zealand’s outstanding governance in tax transparency

In his response to a feature on foreign trusts, Geoff Cone took a categorical stand, asserting that New Zealand isn’t a tax haven. In contrast to recent media coverage about the country’s foreign trusts, the truth is that New Zealand upholds a high degree of transparency on tax related matters and doesn’t feature in the list of tax havens, according to OECD database.

Some of the key features of tax havens include the absence of transparency, tax evasions, as well as laws and regulations that bar the sharing of information among different countries.  Moreover, its private banking industry is not highly secretive as is the case with tax havens.

New Zealand prides itself in having implemented the 2002 OECD Model Agreement, which is the gold standard for transparency on sharing of information about tax matters for purposes of enforcing or administering domestic tax laws. As a result, New Zealand appears on OECD’s white list for its full implementation of the globally agreed tax standard.

New Zealand’s approach in handling foreign trusts and the stipulations placed on trustees is solid proof of the country’s headship in tax transparency.

Unlike tax havens, New Zealand has thirty-nine double tax agreements meant to restrict tax inhibitions to cross-border trade as well as prevent tax evasion. Additionally, the country has signed tax information exchange treaties with more than 20 countries. Only recently, New Zealand signed a multilateral Agreement on Mutual Administrative Support in Tax Matters.

The number of foreign trusts administered in New Zealand keeps on growing because the country is considered to be a safe, stable and law-abiding jurisdiction with an honest judiciary. Any issues regarding the use of foreign trusts can be resolved by regulating all New Zealand trust companies to make sure they all subscribe to the same quality standards.

Geoffrey Cone enrolled at the University of Otago, New Zealand and graduated with LLB honors as well as a post-graduate certification in tax and trust law. He started practicing in the 1980s and has graced courtrooms at all levels. After working at various law firms, he established his own law firm in 1999. His law firm, known as Cone Marshall Limited, specializes in tax planning and international trust. The firm has affiliates tasked with providing trustee and trust administration services.

Mike Baur Contribution toward the Growth of Swiss Startup Ecosystem

About Mike Baur

Mike Baur is a successful entrepreneur and the co-founder of the Swiss Startup Factory, an organization that builds and nurtures young digital entrepreneurs. Apart from being a managing partner at the Swiss Startup Factory, Mike Baur is the chairperson of the investor panel at the WORLDWEBFORUM, an organization created to empower the youth. The Swiss Start-up Factory offers startup courses for young entrepreneurs. Based in Zurich, the Swiss Startup Factory provides accelerator programs that provide financial support, training, mentoring, and office space for Swiss startups.

 

On February 29, 2016, Swiss Start-up Factory collaborated with Fintech Accelerator Fusion to hold a series of start-up business programs for young entrepreneurs. The two accelerator programs will work together on startup pre-selection processes, startup training, and collaboration with higher learning institutions, tutor system trade, multiparty programs, and public office space for Swiss startups. Swiss and Fusion collaborated to create a bridge between the French and the Swiss-German startups in Switzerland.  The accelerators assisted the startups from initial phase to prototyping to ensure a smooth transition to beta testing and market penetration. Although the main reason for collaboration was Fintech, additional ICT topics were included. In joining forces, the accelerators partnered on the startup pre-selection process, acceleration, collaboration with universities, tutor network exchange, joint events, and public office space for startups.

 

According to Guillaume Dubray, the founder of Fintech Fusion, the innovative transformation is universal. Switzerland, the global leader in innovation, offers exceptional surroundings for potential and existing entrepreneurs to flourish. Startups have an extensive option of expansion programs, Startup Hubs, and training platforms. With the collaboration of Swiss Start-Up Factory, Fintech Fusion promotes teamwork between startups in Switzerland.

Fusion and Swiss Startup Factory partnership commence as of today to link French and the Swiss-German startups in Switzerland. Both independent accelerators complement each other in goal orientation and structural setup.

 

According to Mike Baur, the Co-founder, and Major Partner of Swiss Startup Factory, the linguistic differences and geographical barriers in Switzerland often reduces the strengths and resources of business. The Swiss and Fusion collaboration was the first to transcend the pre-existing barriers by bringing together the two independent start-ups from different linguistic and geographical regions.

Adam Milstein; an Incredible Influence in the Jewish Community

The Jerusalem Post recently named the 50 Most Influential Jews of 2016. The periodical allowed readers to vote on the most influential Jewish community members. The results influenced the final decision.

It was no surprise to find Adam Milstein on the list. Milstein is National Chairman of the Israeli-American Council, a group that he co-founded in 2007. The Israeli-American Council is America’s fastest growing Jewish organization. A nonprofit organization founded in 2007, the mission of the IAC is to unite and engage the Israeli-American community. The IAC encourages activism, philanthropy, and a sense of community while actively supporting the needs of Israel.

Along with his wife Gila, Adam Milstein founded the Adam and Gila Milstein Family Foundation. Igniting pride in Jewish youth is an important cause for the Milsteins; the couple has three daughters and three grandchildren.

Milstein joined forces with Haim Saban and Sheldon Adelson to organize the first Campus Maccabees Summit in Las Vegas, Nevada. Over 50 pro-Israel associations met to discuss putting an end to anti-Semitic groups on college campuses.

After serving his mandatory service, Milstein attended Technion where he received a Bachelor of Science degree in business and economics.

After marrying and moving to the United States, Milstein pursued his Master’s degree in business administration and began his career in commercial real estate. He is now a Managing Partner at Hager Pacific Properties, a commercial real estate firm that acquires, rehabilitates, and manages industrial and commercial real estate.

Source: http://www.businesswire.com/news/home/20161005006343/en/Jerusalem-Post-Names-Adam-Milstein-World%E2%80%99s-Top

John Goullet Loves to Lead

There are certain people out there that were born to lead and born to show others the ropes. It is ingrained in them and it is how they live their lives. John Goullet from Diversant is one of those people. When he sees a young person that wants to get their start in the IT world, he loves the chance to take him or her under his wing and show them how things are done and teach them how to do things the right way. It is something he truly relishes and enjoys. It shows in the way he works with them. He teaches them the fundamentals and stresses certain things. This way, when it is time for them to get out there and get a job with a Fortune 500 company, they will know how to handle it properly.

This is why Diversant decided to put him on their leadership and advisory board as principal executive. They knew he had the right mind and the right attitude for it. They also know he once ran his own company, Info Technologies, in which he helped Fortune 500 companies come up with solutions.

One big aspect that a lot of people overlook, but not John Goullet is the mental part of it and what is between their ears. In order to work for a Fortune 500 company, someone needs to be willing to deal with some jobs that might be incredibly stressful. However, they can’t let those get them down and they can’t let those get in their way. They have to be able to handle it like a professional. That is what Diversant and John Goullet gets them ready for when they enter the IT world. They want to make sure they have the mental fortitude to succeed in this line of work during the good days and the bad days.

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Talk Fusion Is Growing and Only Going To Get Better

When it comes to video communication services, they don’t make them any better than Talk Fusion. The product, which was created in 2007 by Bob Reina, has grown in the past nine years and it is only a few months away from approaching a decade. Everywhere you look now days, companies are closing or cutting back. However, Talk Fusion has grown each and every year and they have never become stale or boring. They don’t like to be the same old, same old. They like to bring something different all of the time. Bob Reina has talked about staying ahead of the curve and knowing what is popular.

The genius of Bob Reina is that he saw this before anyone else ever did. In 2007, a lot of these things were on the cusp of being created or about to come into the world. He knew it was time to strike while the iron was hot. He was also wise in having a professional IT team that could get the job done the right way without any issues or problems whatsoever. They were the right men and women for the job and they incorporated Bob’s vision of video chat, video emails, video conferences, and video newsletters.

A company like Technology Marketing Corporation awards companies that are cutting edge and looking to be the best at what they do and the best in the data, voice, and chat market. Since a lot of products cross their table, they are pretty particular about what receives an award from them. That is why it is truly spectacular that Talk Fusion has won two awards from this company and Technology Marketing Corporation is raving about all of their changes and the way the product is always striving to improve, grow, and become even better.

This recent award, as pointed out by this article, http://www.prnewswire.com/news-releases/talk-fusion-video-chat-wins-2016-communications-solutions-product-of-the-year-award-300315095.html?tc=eml_cleartime, was for the 2016 Communications Solutions Products of the Year Award. That is what Talk Fusion prides itself on: communication and solutions.

James Dondero Announces His Challenge Grant to Help Dallas Families

Recently, James Dondero, the Co-Founder and CEO of Highland Capital Management announced that he has given a challenge grant of $1 million dollars to The Family Place, an organization that helps individuals recover from family violence. Helping more than 2,000 victims annually is a big job, and the organization not only provides shelter for victims, but they also provide food and other life-changing services to these individuals.

The Family Place ran what is known as the Legacy Campaign, and it was designed to raise funds over the next six months to champion the project of expanding their facility and their services as well. The challenge behind the grant would encourage additional donations and support from other businessmen and women with a 50 percent match on funds up to $1 million.

Since Dondero’s announcement, The Family Place has continued to raise funds, equaling a total of $200,000 toward their goal, so things are moving quickly. The fundraising goal is currently set at $16.5 million and going strong. This is all in response to what the Mayor of Dallas Mike Rawlings had to say on the matter of family violence within the city.

James Dondero founded Highland Capital Management in 1993, along with this partner Mark Okada. HCM was designed to assist individuals that have high net worth as well as to serve individuals, businesses, and government agencies around the globe. Dondero has always made it a point to be involved in philanthropic organizations, and his challenge grant for The Family Place is just one of his amazing efforts to improve the life of families in the city of Dallas.

Highland Capital Management is a prestigious firm, managing more than $16 billion in assets around the world, along with their affiliate offices. The firm supports local organizations like The Family Place through its own philanthropic arm, known as the Highland Dallas Foundation.

More information on James Dondero:

http://www.prnewswire.com/news-releases/james-dondero-appoints-new-president-of-institutional-products-for-highland-capital-management-300165627.html

http://www.insidermonkey.com/hedge-fund/highland+capital+management/173/

IAP Worldwide Services Develops Afghanistan’s Air Traffic Control System

During the past 60 years, IAP Worldwide Services has developed into one of the world’s leading information and logistics companies. It has completely changed the way both government and private companies operate. Recently, it was announced that IAP Worldwide Services had worked with the government of Afghanistan to develop its first air traffic control system. This system played a key role during the United States’s liberation of Afghanistan from the Taliban. IAP Worldwide Services used this air traffic control system to turn it into the Kabul Air Control Center on payscale.com. This system officially went online on July 12. Air traffic control systems play crucial roles in modern air travel. They provide non-radar information on altitude, ground speed, and the locations of other craft in the air. Air traffic control systems guide the takeoff and landing of planes all over the world. This ensures that two planes don’t attempt to use the same runway simultaneously.

With the new Kabul Air Traffic Control Center, both military and civilian flights are expected to increase. This will lead to much-needed supplies being flown in to feed hungry military personnel and civilian populations. Furthermore, this frees up the US Military to focus on other projects on prnewswire.com. For years, the US Military has been responsible for monitoring air travel in the skies above Afghanistan. With the Kabul Air Traffic Control Center, fewer people will be needed to observe the skies. IAP’s technology will require fewer people to perform the same job. The US Air Force on careercast.com endorsed the quality of the Kabul Air Traffic Control Center, releasing a statement saying that the center will allow Afghanistan to reclaim its position as diplomatic leader of the region.

Since its inception, it has partnered with countless government organizations and private companies to bring the latest in logistics technology to the arena. Its technology has played crucial roles in everything from natural disasters and global battlefields. US fighter jets, soldiers, and tanks rely on IAP Worldwide computer systems for accurate positioning and targeting. IAP logistics guided emergency response personnel during Hurricane Sandy and Hurricane Irene. IAP Worldwide has developed an impressive track record of satisfied customers. It remains committed to providing the most cutting-edge technology to ensure the United States and private companies have the advantage in the global market.