September 30 2016

Geoff Cone Warns Foreigners Looking For A Tax Haven To Avoid New Zealand

Imagine that you are an American for a second. America’s ruthless capital landscape has been good to you. You’ve made millions upon billions of dollars and you don’t want Uncle Sam to get his hands on it. You want to leave as much of your wealthy empire to your children as you can. You do not want to pay an estate tax and a variety of other taxes that America enforces if you leave your vast amount of money in a will.

In this case, you’d be smart to set up a trust. A trust is where you take a chunk of your wealth and give it to a third-party called a trustee. The trustee then passes on that money to your family when the time is right. This kind of financial arrangement is a good set up for avoiding estate taxes and other taxes levied on wills.

This is right about the time where many wealthy Americans would look for a tax haven. Tax havens exist in countries with relaxed laws concerning trusts and banking in general. In fact, the Organization for Economic Cooperation and Development has set up guidelines to help you identify tax havens.

The hallmarks of a tax haven include little to no tax enforced on a trust set up in that country, very little banking regulation if at all, and laws prohibiting intergovernmental communications. These three key metrics would allow you to hide money in a foreign country from your own US government. And when the time is right, the foreign trustee would give money to your beneficiaries without much tax at all, if any.

But Geoff Cone, a New Zealand tax lawyer, would advise you again setting up that trust in New Zealand if you’re looking to hide money in a tax haven. New Zealand has been in the news recently for allegedly tax haven status for foreign trusts. But Geoff Cone wrote a powerful newspaper article shooting down the notion.

He says that New Zealand enforces strict banking laws with plenty of transparency. For instance, Cone states that New Zealand has not made OECD’s list of tax haven countries. And he points to plenty of reasons why New Zealand will never make that list in the future.

Cone reiterates that New Zealand enforces transparent banking laws and forces anybody setting up a foreign trust in the country to keep easy-to-read records. The Kiwi government is also ready, willing, and able to communicate with foreign governments during investigations.

Cone has intimate knowledge of these laws because he runs the only New Zealand tax and trust law firm. He is Kiwi born and raised, graduating from the University of Otago. He’s been practicing trust and tax law since 1990 in the cities of Auckland and Christchurch. He now runs Cone Marshall in Auckland.

Check out Cone on LinkedIn

Category: Lawyers | LEAVE A COMMENT
September 30 2016

Bustle Writer Shows Off The Results Of WEN Cleansing Conditioner

Not too long ago a writer for Bustle magazine published an article for the website about her experience testing out the WEN hair care products from Chaz Dean, who happens to be a noted hairstylist who frequently works with celebrities. She had heard many things about the product, especially the good things from infomercials, which ended up spiking her curiosity until she just had to try it out for herself. She made a plan to try it out for a weeks time, and then publish her results to her readers. Given that her hair is very fine and thin hair, she didn’t expect WEN would do anything spectacular for her hair.
She started off her week long journey by washing her hair with the product in the evenings. The product comes with a guide on how to properly use it for different hair types and lengths. Once she used it for the first time and got out of the shower, she was impressed with the results. After that day though she found that the product worked better when she used it in the mornings rather than at night. This provided her hair with lots of shine and made it look fuller.

With great looking hair that was lasting all day long, and a number of compliments rolling in from her friends, she had no hesitation in adding the Sephora advertised product to her regime indefinitely.

Chaz Dean went through a lot of work to develop WEN because he knew there were loads of women out there that needed a better solution for managing their hair that didn’t cost more than most people could afford on daily hair care. Today, there product has seen a lot of success, and there are even many celebrities who swear by its use along with Chaz Dean’s services. FOr more info, visit Wen on YouTube.

http://www.guthy-renker.com/products/beauty/wen-haircare/
 

 

September 28 2016

Brain Bonar And Patrick Ponstay’s Masterstroke At Escondido’s Bellamy’s

Most businesses in Escondido start with the first Name. However, that is not the case with Bellamy’s. It is the home of the country’s best cook and the Master Chef of France, Patrick Ponstay. Bellamy’s is one of the outstanding restaurants in Escondido. In San Diego, there are only two Master Chef of France. That includes Ponstay and Bernard Guilla of Marine Room.

Bellamy’s is the brainchild of Brian Bonar, a Scottish entrepreneur. Initially, it was Tango before Brian Bonar Renamed it. Bonar searched for the establishment’s staff from El Bizcocho, one of his favorite restaurants at Rancho Bernardo Inn. He acquired dining pros with decades of experience after El Biz announced a complete overhaul. Bellamy’s managed to land Trevar Da Costa and Mike Reidy.

With a Ranch at Bandy Canyon, Bonar aims to transform his restaurant mini empire into a four star space for hosting events. Additionally, there are plans for a signature restaurant on the 144 acre property. To accomplish that, he needs a marquee chef and he has got Ponstay. Bringing on board Ponstay raised the expectations.

Bellamy’s remains Tango in the inside with smooth-Jazz paintings, plush seats, and Coppertone-brown walls. The appearance is more of a model-home chic. Additionally, there is nothing that matches the expectations of such a restaurant like its food.

First there is a corn soup, which is given a Basque treatment of espelette peppers and blended with cream. It is served cold over a scallop ceviche with lime juice, ginger, olive oil, and cilantro. With a perfectly shave summer truffle and poached salmon, the parsley cream risotto is brilliant.

Bellam’s mille-feuille is unique. Ponstay tops it with bruleed apple slices on layers of smoked liver confit and eel in pork fat. Additionally, a well arranged beet salad comes with golden as well as red bulbs over pistachios, porcini mushroom powder, and cocoa nibs. Beets require sugar and most chefs achieve that with candied nuts. However, Ponstay’s way is different.

Bonar prefers a deep-red beet ice cream that he contrasts with a warm goat cheese tart. Each meal offered at Bellamy’s is exceptional. The way it is served is also excellent. Kyle explains each meal intricately with great detail. The staff at the restaurant is second to none. It is the best a client can ever come across.

 About Brian Bonar

As a art of Dalrada’s Board of Directors, Brain Bonar serves as the chairman of Trucept, Inc. He is the proprietor of Bellamy’s. Bonar has had a successful career as a finance executive. He has led many companies, which gives him a great business leadership history. The firms that he has headed include Dalrada Financial Corporation, IBM, Bezier Systems, QMS, and Adaptec.

Additionally, Brian Bonar has a rich technical background that he uses in his business approach. He holds a Technical Engineering degree from James Watt College and a Mechanical Engineering masters degree from Stafford University.

September 15 2016

Investment Banker Martin Lustgarten Helps Clients Diversify

If you are looking to invest your money, you should know about investment banking and how it is helping people become wealthy. There are a number of factors at play in today’s complicated economy. However, investment banking is clearly the way to go for those who want to take full advantage of the market.
Primarily, investment banking is diversified. This does two things. First it allows you to capture opportunities in markets that are growing abroad. Secondly, it limits your downside because you don’t have all your eggs in one basket in the downturn occurs.

Secondly, investment bankers, like Martin Lustgarten, have superior expertise about their market. They can help you grow faster than other firms. Because of the large amounts of technology and the investment in research, they have insights that other financial services companies simply don’t have. This allows you to make more profit in a shorter amount of time and leverage their intelligence for your gain.

Thirdly, there is a security around investment banking. The government auditors are always checking these operations to ensure that your money is safe. And the level of technology invested means that the data is completely secure from hacking and fraud. Investors that value safety should go with investment banking.

Martin Lustgarten is an investment banker who has helped his clients for over 20 years to grow their wealth. He has a sharp sense of where the market is going, thanks to his high intelligence and ability to spot trends before they happen. This allows him to invest in the right places to take advantage of positions and also prevent potential losses due to market downturns for his clients.

Lustgarten holds a passport in Venezuela and Austria. This allows him to be completely diversified with his investments. He believes in a global financial plan, storing his wealth portfolio in various areas. He can benefit when local growth occurs, without taking the risk of shaky economies or governments. Other investors use Lustgarten as a role model for their investment opportunities. If you are an investor trying to protect or grow your wealth, you should model Lustgarten for greater success.

Category: Banks | LEAVE A COMMENT
September 8 2016

Lip Balm At Its Best

An important part of the body that must be taken care of is the skin which comprises the majority of our body. Keeping the skin nourished is essential to keep its moisture in any type weather. When it comes to cosmetics designed specifically for personal care, lip balm is the primary product that can keep your lips moisturized and fresh throughout the day. Unhealthy lips may look chapped and unclean especially in times of intense weather.
The formulation of a lip balm has a high amount of waxy substance that can relieve the lips from soreness or dryness. However, there is a brand that can offer a natural essence and quality you are looking for in lip balm. Evolution of Smooth also known as the EOS lip balm is made up of 100% natural and 95% organic material. It consists of ingredients that can provide high levels of moisture to the lips such as jojoba oil and shea butter.

The formulation of the EOS lip balm is packed with a high amount of vitamin E. Also, for an extra bonus, the lip balm has no paraben and is gluten free. For health fanatics, this product makes it easy to fall in love with and safe for everyday use. EOS lip balm products are available on Walmart.

For more info, visit the company’s Linked In profile.

References
Lip Balm. (2016). Retrieved from https://evolutionofsmooth.com/lip-balm.html
Lip Balm. (2016). Retrieved from https://www.luckyvitamin.com/m-2220-eos-evolution-of-smooth


 

September 5 2016

The wisdom of the Soros Management Fund: Investment in bio-tech

The philanthropic outreach of George Soros – The Open Society Foundations – strongly supports the principles of democracy and human rights, and at present are engaged in more than 100 countries. Strongly influenced by the philosopher Karl Popper from his early days in the London School of Economics, (completing his studies in both Economics and Philosophy). George Soros‘ theory of market-watch is based on a phenomenon he refers to as “reflexivity,” to which he attributes his great success, which he explains in a 1998 interview with Charlie Rose.

According to the SEC, writes Budwell, Soros Fund Management LLC made significant purchases of biotech and biopharmaceutical stocks despite a series of “drawbacks” in each, partly fueled by some sobering observations regarding the rhetoric of the U.S Presidential elections. Writing for MotleyFool.com in May of 2016. George Budwell notes in his article “Billionaire George Soros’ Fund Bought These Stocks: Should You?” that the IBB was good exposure to nearly all of the publicly-traded biotech, since innovation in this sector is inevitable. As Budwell writes: “In other words, it’s probably a bad idea to buy them hoping for a quick profit, but investors with a longer-term outlook may want to start to pick up some shares while they are trading far below their former highs.” That was then; and this is now.

At the end of the third Quarter, as contrast to the middle of the second Quarter, after three full months of activity, and writing again for MotleyFool.com this week, George Bud well’s article is entitled “Billionaire George Soros’ Fund Dumped These 3 Bio tech Holdings. Should You?”

Read more: Donald Trump Took Liberal Icon George Soros’s Money

Reminding readers why one pays strict attention to what the Soros Fund Management buys and sells, Budwell acknowledges that during his tenure at the Quantum Fund, George Soros “reportedly generated average returns in excess of 30% per year.” The capital in the Fund now is over $4.6 billion. As both Motley Fool and George Budwell acknowledge, they are shareholders in these particular stocks.

Budwell writes: “Gilead is also trading at a ridiculously low P/E ratio of seven right now this top biotech stock simply looks too cheap to ignore. Novavax, for its part, is charging toward a pivotal late-stage data readout for its F-protein nanoparticle RSV vaccine candidate in elderly adults, which could generate billions in annual sales.” So depending on a trial of a drug here, and market uncertainties at least through the U.S. Elections, these biotech industries may or may not be worth their weight in gold, but it’s also important to remember that Mr. George Soros believes just as much in the value of betting against something that betting that it will succeed; and ‘there’s many a slip ‘twixt the cup and the lip.’

Learn more:
The Daily Beast
Investopedia