Monthly Archives: October 2016

Geoff Cone’s Contribution on Improving New Zealand’s Foreign Trusts

Geoffrey Cone, a renowned tax lawyer in Auckland, New Zealand has responded to a feature on the recent news on the media concerning New Zealand’s foreign trusts. He maintains that the truth just like anything that touches on tax is mundane. He notes that his country is not a tax sanctuary; the essential characteristics of tax haven are that they impose only nominal taxes. With such, there is no transparency and the laws and procedures inhibit the exchange of information with other states. New Zealand does not qualify any of these grounds nor has a highly secretive private banking sector.

 

In fact, New Zealand was among the first states o feature on OECD’s white list for its efforts in implementing globally agreed tax standards. One way that the country demonstrates tax transparency and accountability leadership is in how it manages foreign trusts as well as the necessities they place on the trustee.

 

All of these go towards helping other nations that request relevant information. Under the new rules introduced by Michael Cullen in 2006, New Zealand is expected to submit a Foreign Trust Disclosure form by IRD and keep all other financial records for its tax purposes. The information includes trust deed, settlement details, distributions, contact information, and money that the trustee gets and spends.

 

About Geoff Cone

 

Geoff Cone is a principle in the Marshall Cone law firm. He is one of New Zealand’s longest serving foreign tax experts. Geoff is a graduate of University of Otago, New Zealand and hold and LLB honors and a post graduate diploma in tax and trust law. He started out his career in 1980 in Auckland, New Zealand before moving to Christchurch. At Christchurch, he was a partner and the Chairman of Partners in a leading law firm. Geoff practiced commercial litigation and tax and trust advisory work. He appeared in the court at every level as a lead counsel.

 

The Birth of Cone Marshall Limited

 

Cone returned home in 1997 after working for the British West Indies and established his firm, Cone Marshall Limited in 1999. Cone Marshall is the only legal firm that specializes exclusively in foreign trust and tax planning in New Zealand. It provides trustee management and trust services through affiliate companies.

 

Operating Pacheso Coto Cone, an asset planning vehicle, Geoff remains a principle in the Cone Marshal although there is little information about the company on its website. Cone has extensive knowledge in tax law and has worked for tax havens and New Zealand for many decades now. He has been vocal in defending the country’s reputation with foreign trusts. The defense is best seen in an article Cone wrote in the Herald back in 2012 about New Zealand’s position which was a model. He clarified that transparency with foreign trusts was used for asset protection and succession planning instead of tax planning.

 

Handy- Hip Home Services for Busy Professionals

Companies like Lyft and Uber have become a mainstay for young professionals in the big city. Handy is breaking into this new method of reaching the market for housekeeping and other home related services with its convenient, hip, online booking service. With over 10,000 jobs per month at the latest count, it is taking off in urban areas like Boston, New York City, and Chicago, as well as expanding into Canada.

Booking a cleaning with Handy is easy and convenient, requiring just a few details like the rooms needing cleaning, the location, and the time the cleaning should happen. The appointment can be as early as the following day, perfect for last-minute rushes that so many busy people find themselves in.

Handy’s vigorous screening method, including background checks and interviews of its professional housekeepers, means that many cleaners do not make the cut. It’s a win-win situation says Eco Hustler UK, as independent contractors get the reputation and professional image of a large company with deep pockets, and consumers are freed from the paperwork and hassle involved in hiring household help. Another positive for both client and contractor is the Handy payment system, eliminating the need for cash payment, it’s as easy as swiping a card.

Housecleaning is not the only bread on Handy’s table. As it has grown, it has added many more services including plumbers, electricians, movers, picture hangers, and even furniture assembly. Their model of first offering housecleaning builds rapport and gives the customer the comfort level to take the next step of entrusting the care of all things house related to Handy.

Handy was started by two Harvard Business School graduates. Don’t let the prestigious education fool you, however, the founders Oisin Hanrahan and Umang Dua were hand-in-the-trenches types. Investors were impressed that the pair would go on cleaning jobs themselves, to learn as much about the market as possible.

Looking forward, Handy has stayed strong, despite the failure of similar modeled housekeeping companies, and it bodes well for them to become a major company in the market.

Sources:

+ onthesceneny.com

+ http://realestatetechnews.com/blog/tech-real-estate-collide-during-new-york-real-estate-tech-week-2016

Keith Mann’s Great Work In The Executive Search Industry And Philanthropy

Keith Mann is an expert in staffing and hiring strategy. He is one of the most respected and well known individuals in the executive industry. Additionally, Keith Mann is a specialist in hedge fund compensation. He is a co-founder of Dynamic Search Partners. Keith Man has been involved in the executive search industry for over 15 years. Formerly, he served as the managing director for Dynamic Executive Search.

 

Among other roles, Keith Mann recruited for financial services companies. Additionally, he began the alternative investment practice at the firm in 2002. He launched the practice after noticing that the hedge fund industry was not served effectively yet it was a market that was expending at a fast rate.

 

He started working with Dynamic Associates before joining Dynamic Search Partners. His initial position was manager. Keith Mann controlled the alternative investment unit of the company. He grew the alternative investment practice in 2006 by including the private equity industry.

 

Subsequently, in 2009, he created Dynamic Search Partners as a leading executive search company that is committed exclusively to alternative investment corporations. Keith Mann is the CEO of the executive search firm. On a day-to-day basis, he helps with the hiring of professionals in the marketing and investment fields for his clients. His company, DSP, works with firms in the United States, Asia, as well as Europe that are involved in the alternative investment industry.

 

Additionally, Keith Mann is a renowned activist for animal liberation efforts. He focuses on important things that help fight animal abuse. Besides his support for animal liberation, Keith also supports organizations that deal with critical issues such as education. He recently raised more than $22,000 for the Uncommon Schools. Keith Mann accomplished that by marshalling his friends and partners in the financial service industry to contribute towards supporting the noble cause.

 

He also runs a Scholarship for Professional Achievement in partnership with the Uncommon Schools. Dynamic Search Partners and Keith Mann’s partnership with the Uncommon Schools has been running since 2013. Additionally, the NYPD is also a beneficiary of Keith Mann’s support. He offered the NYPD support during the violence surrounding the police.

The SEC Whistleblower Program

Labaton Sucharow is now for being the first U.S. legal firm to exclusively concentrate on representing SEC whistleblowers. They recently had a client who was awarded over $17 million for reporting on significant corruption in the financial industry. This is the second largest award given out by SEC, which gives 10 to 30 percent of the sanctions acquired as the result of a whistleblowing. Although the SEC rules give the whistleblower complete protection from any kind of reprisal, the Labaton Sucharow client elected to remain anonymous.

And this is no unusual. Pretty much all of the whistleblowers have thus far elected to remain unnamed. And SEC itself respects their wishes completely. They usually do not even reveal when a case was participated in by one of these anonymous whistleblowers. Jordan Thomas chair’s the SEC affiliated Labaton Sucharow. He expects the SEC whistleblowers to increase and the work at his firm to pick up big time in the near future. Thomas definitely knows what he is doing. He was for years Assistant Chief Litigation Counsel in the Division of Enforcement. Then he joined the SEC team as its Assistant Director. Thomas has worked closely with SEC on these cases since the beginning and in fact worked on the first case to do battle with an employee who was attempting to retaliate against his whistleblower employee.

With his vast experience on SEC whistleblower cases, it was natural that he become the chair of Labaton Sucharow after it decided on a full concentration on SEC whistleblowers. But the firm was established about 50 years before that. Shortly before the hire of Thomas, Labaton decided to concentrate completely on representing SEC whistleblowers. Its platform is officially titled, the Whistleblower Representation Practice. This practice is girded with some of the best investigators, financial analysts, and forensic accountants in the world, which, needless to say, has also made Labaton one of the best Whistleblower firms in the world.

Labaton has also often found a ranking in lists of the best plaintiff litigation firms in the world. And its scope is the entire world as well, representing whistleblowers wherever they may be found. You can read further details of Labaton Sucharow at www.labaton.com. And you can find more information about the whistleblower program at www.secwhistlebloweradvocate.com. To make sure that there are always enough funds to make substantial awards, Congress has set up the Investor Protection Fund which currently has more than $400 million.

Chemicals Are Not Always A Good Option For healthy Looking Hair

The modern world has been a difficult time for each and every person to navigate over the course of their lives as we are often overwhelmed with hair care products that are filled with many different chemicals. One major issue we all face is making sure the different brands and types of products we use do not work against each other when they are used in our daily beauty routine; product pileup is common for those who look to use many different products, and often look to detox their hair once a month or so with a change in shampoo and other hair care products.

In a bid to avoid the problems of product pileup the Wen By Chaz range created by Chaz Dean that takes in many different options on Sephora that reduce the number of products needed by each person to the minimum. A good option is to use one of the cleansing conditioners created through Wen Chaz in a bid to make sure hair is healthy and shiny; other options from the range include Wen Styling Creme that traps moisture in the hair for the healthiest shiny look.

WENHair by Chaz is concerned with providing affordable hair care that includes the use of multi use products the hair care specialist Chaz Dean personally oversees the creation of. Throughout his successful career as a celebrity stylist Chaz has dreamed of creating his own hair care product range that would provide the best possible products for his clients.

Enjoying a healthy and shiny head of hair that is obtained as quickly as possible each day is of great importance for many of us, but adding increasing numbers of products can limit the healthy look of our hair and make our daily routine last even longer for less impressive results. Learn more about WEN Hair, visit the product’s Wikipedia page.

Need Wen hair care?

Marc Sparks: Serial Entrepreneur And Philanthropist

Entrepreneur Marc Sparks is moving and changing Timber Creek Capital, LP. After 14 years in the same location Sparks is moving the company’s office and transforming it to better optimize innovative collaboration. The new location will improve collaboration and start-up incubation. A serial entrepreneur, Sparks owns the private equity firm and helps entrepreneurs turn new businesses into money making companies. He explains that building a business model along with gathering resources that ensure success are the beginning of the business building process.

Timber Creek Capital’s design enables it to host three different companies within their facility and provide an extensive incubation period. A serial entrepreneur as well as a student of what’s required for success, Sparks says having a work environment that’s high quality, conducive and collaborative is a quarter of it takes to succeed. He advises entrepreneurs to not cut corners on where they and their team spends the majority of their time because it can make the difference between failure and success.

Sparks shares his journey to success in his new book, They Can’t Eat You. The book highlights successes and failures he had while learning the realities of being an entrepreneur. Using those experiences Sparks was able to create Timber Creek Capital. The company embodies his entrepreneurial experiences over 25 years tackling the many stages of starting a sustainable business.

He takes a few companies simultaneously and provides them with mentorship as well as access to resources including capital, banking, marketing, office space and more when they become part of the Timber Creek system.

He understands entrepreneurship’s challenges devastating circumstances and is passionate about using his experience to help entrepreneurs build their dream companies and become successful. To succeed Sparks used faith, passion, tenacity, focus, a sense of urgency, as well as savvy monetization. It’s what his team calls Sparks Speed.

Sparks has seen entrepreneurial success and failure at every level. That qualifies him to help entrepreneurs turn ideas into prosperous business models. Plus he loves to mentor. Sparks is also a philanthropist.

He builds affordable houses for families with Habitat for Humanity. He donated 1000 laptops to at-risk youth through his non-profit Sparkey’s Kids in coordination with American Can! Academy. Since the 1980s Sparks has been involved with a Texas homeless shelter called The Samaritan Inn. Each night it houses 160 people.

Marc Sparks came from an average background. A C student when he graduated high school in 1975, he has been able to pull himself up from nothing and become an inspiring success.

Sparks isn’t college educated and has made many mistakes in his professional career that have left him broke. But his drive, vision and tenacity have enabled him to succeed against all odds.