STATES REGULATIONS Marija Nicksic, Esq., Associate, Krieg Devault LLP writes: Thanks for reading! Subscribe for free to receive new posts and support my work. Promulgation of Factoring Regulations Q2 2024 Issue April 10, 2024: https://magazine.factoring.org/magazine-articles/promulation-of-factoring-regulations The factoring industry is currently undergoing significant regulatory upheaval. Despite
Trusts are about including people or purposes (“Objects”) to receive benefits. Trustees are usually excluded, so as to exclude conflict between their interests and duties. Thanks for reading! Subscribe for free to receive new posts and support my work. There are various Trust estate planning reasons to exclude certain Objects.
The idea of Trust Deeds is bandied around in commercial literature. It features in commentaries on wealth planning and taxation law across all jurisdictions which recognise trusts. But what, exactly, is it? According to the Basel Institute on Governance: Thanks for reading! Subscribe for free to receive new posts and
Trust jurisdictions around the world have long recognised protective clauses. Key examples are: · Spendthrift Clauses Thanks for reading! Subscribe for free to receive new posts and support my work. · Anti-Suit Clauses These clauses were first invented and used in English trust law, going back to the days of the Napoleonic
Over on the UK, there is a tax policy scandal over the “Loan Charge”. Thanks for reading! Subscribe for free to receive new posts and support my work. https://www.computerweekly.com/feature/The-Loan-Charge-scandal-explained-Everything-you-need-to-know HMRC STATEMENTS The scandal centres on the fact that the warning triangle words are not exactly
For American farmers: https://www.usda.gov/about-usda/news/press-releases/2025/07/04/secretary-rollins-praises-president-trumps-one-big-beautiful-bill#:~:text=This%20historic%20piece%20of%20legislation,extending%20the%20Small%20Business%20Deduction. (Washington, D.C., July 4, 2025) – U.S. Secretary of Agriculture Brooke L. Rollins issued the following statement after President Donald J. Trump signed the
Rule 1 of Fight Club: https://www.goodfon.com/films/wallpaper-boycovskiy-klub-fight-club.html Thanks for reading! Subscribe for free to receive new posts and support my work. The point of censorship is to suppress the communication of information. That’s why our 1st Amendment does not allow it. Over in the
US federal tax policy has long supported family formation and sustainability: well up to a point. https://turbotax.intuit.com/tax-tips/family/tax-exemptions-and-deductions-for-families/L0Nx5Tnxi Thanks for reading! Subscribe for free to receive new posts and support my work. * The Child Tax Credit can reduce your taxes by up to $2,
The IMF thinks it’s a good thing: https://www.imf.org/en/News/Articles/2024/06/17/sp061424-central-bank-independence Thanks for reading! Subscribe for free to receive new posts and support my work. Central Bank Independence: Why It’s Needed and How to Protect It Bank of Thailand Annual Retreat
In the US, we take freedom of speech seriously: as guaranteed by the 1st Amendment. Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble,
The UK polity is teetering on the edge of a wealth tax. Taking that course would make the UK an outlier in international taxation regimes: https://www.pgpf.org/article/what-is-a-wealth-tax-and-should-the-united-states-have-one/ Thanks for reading! Subscribe for free to receive new posts and support my work. How Have Wealth Taxes Worked
DEFINITION Investopedia has a useful and commonly accepted definition: Thanks for reading! Subscribe for free to receive new posts and support my work. The velocity of money is the rate at which money is exchanged in an economy. It is commonly measured by the number of times that a unit