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Archive → August, 2011

The Use Of Low-tax Estonian Companies

In Estonia, January 1, 2000 has a new income tax law. In accordance with this income tax law of Estonian companies is not subject to tax. In Estonia, there is no profit charged with income tax (similar to Ukrainian corporate income tax). If registered in the Estonian company profits, the tax rate is zero percent. This applies to both the profits earned within the country, and abroad. In fact, the tax has not disappeared completely, tax-exempt income reinvested only. This means that if the company reinvests profits, the tax is no need to pay.

But as only the decision to pay dividends, then there is a need to pay taxes on dividends. It should be noted that, in general, the income of Western countries, as well as Ukrainian, subject to taxed twice, taxed income at its reception, and dividends paid by them. In Estonia, the tax should only be paid dividends. If the profits are reinvested indefinitely, the tax payment no. The purpose of the release of Estonian enterprises from income tax was to increase both local and foreign investments in the Estonian economy. In fact, the new law provides a significant advantage in Estonia competition for foreign investment.

Naturally to create a favorable investment climate, one law is not enough. The Estonian government during the last decade have worked and acted in the name of creating a favorable change in Estonian legislation. As a result, the investment climate in the Baltic country is now one of the most favorable in Eastern Europe. The standard of living in Estonia, as the average wage – the highest among all former Soviet republics. Another attractive aspect is the fact that at present Estonia has signed 19 agreements on avoidance of double taxation, including with Ukraine plans to sign more of a number of contracts. When capital flows in Estonia and from Estonia has no restrictions.

Advertising On Transport

At first glance, advertising on land transport – a thing profitable. Brightly painted trolley buses, streetcars and cars moving around the city, caught the eye of more people than static billboards with 'Outdoor advertising. " But as a rule, on-board advertising is used only by large companies. It is not just that they have a solid advertising budgets. Let's look at what it costs to such advertising and that it can give enterprise. Outset that we will not go into details of advertising on transport in general, ie discard the nuances of such advertisements for food products, banking services, etc. We are interested in the promotion of goods and services associated with building market, and that's discuss this in more detail.

We consider several variants of advertising on public transport: 1. For the brand 2. For building materials store 3. For a firm that offers services in the area construction (eg, finishing) for brand advertising on transport can help solve several problems: n raise awareness of TM; n to increase consumer loyalty to TM; n to help its dealers and representatives to increase sales. Especially if you specify coordinates in advertising representatives; n enhance advertising effects on consumers of other types of advertising (if TM "hangs" on bigboards in the same city, and on several busy routes and travel trolley trams to the same subject, remember that TM will be easier. Advertising fairy tale: Once a man himself, who had to pack paint. And sent his wife to paint. Went man to distant lands (well, he did not know where a good paint are sold, the bad, the wife said, back home will not start!).

Banking Activity

October 7, 2010 the Trial Chamber on Civil Cases of the Supreme Court of Ukraine held a generalization of judicial practice to deal with civil cases arising from the credit relationship (2009-2010) (Excerpts) The contract of bank deposit (Deposit) one party (the bank), which took the request by the other party (the depositor) or go for it a sum of money (deposit) received shall repay the deposit amount and interest thereon or other form of income on conditions and procedures established by the contract (Part 1 of Art. 1058 CC). Time, an analysis of existing laws and other legal acts of Ukraine gives grounds to conclude that there is not only a civil law definition deposit agreement, but the disclosure of its features on the basis of special legislation. Thus, the contribution (deposit) – this means in cash or via bank transfer in Ukrainian currency or foreign currency, placed customers in their registered accounts at the bank on a contractual basis for a certain period of storage or without such period and shall be payable to the depositor in accordance with Ukrainian legislation and the terms of the agreement (Article 2 of the Law of Ukraine "On Banks and Banking Activity"). A bank deposit is real, for compensation contract, ie one that is concluded at the time of the bank from a depositor or a third party in favor of the depositor amount of money. The contract of bank deposit (deposit) of one side is the only financial institution (bank) and the second party (the investor) – can be both natural and legal persons.

How KECRI Can Help

KECRI offers a variety of products and services in the Rhode Island area.  These include: different levels of advocacy (group, individual, system, general); educational advocacy groups; ethnic advocacy groups and more.

When it comes to the school systems, the KECRI is there to provide assistance as well.  From school system advocacy to providing educational professionals with additional resources, the KECRI is set up to help in this way.

The KECRI makes every effort to protect those in the community who are often forgotten about, or pushed to the side.  We work with women’s advocacy groups, gay/lesbian/bisexual/other groups, etc., in an effort to ensure everyone in society receives the same – or at least similar – benefits.