Geoffrey Cone Explains Why New Zealand Is Not Considered As a Tax Haven

Because of the latest media coverage, you might think that New Zealand Foreign Trusts is a sexy airfield adventure movie that involves exotic lands, wealthy people, and complex financial deals. The truth about the whole issue is somehow ordinary just like many things that are associated with the tax. It is evident that New Zealand is no longer a tax haven. The OECD has a list of tax haven states, and New Zealand is not among them. The main features of tax havens include:
• They enforce nominal tax only
• Lack of transparency
• No exchange of information with other governments

2002 OECD Model Agreement was made a gold standard for transparency, and this agreement governed the exchange of information on Tax issues. It also supports the international exchange of information in admitting and enforcing domestic law tax. New Zealand was among the first nations to be listed on the white list of OECD because it had managed to implement the internationally approved tax standard. Since the country can handle foreign trusts and the needs placed on trustees in a perfect way, New Zealand has managed to demonstrate leadership in tax transparency. It also helps other nations that need relevant information about tax matters.

In many countries, an individual who wants to settle a trust is required to report the reimbursement of funds to their revenue authorities, central banks, and other authorities. It will as well offer tax authorities necessary information to ask for details concerning a particular trust or transaction. The country has 39 double tax agreements that are modified to lessen tax impairments so that they can cross-border investment and trade. It will, in turn, prevent tax avoidance and tax evasion. On top of that, New Zealand has implemented more than 20 tax info exchange contracts with other nations. The agreements are just like double tax agreements, and their work is to prevent tax evasion and tax avoidance. All these actions prove that New Zealand is not a tax haven.

Learn more about Geoffrey Cone and his law firm, Cone Marshall

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FreedomPop Conquers the Global Mobile Industry

FreedomPop is a company that absolutely shocked the telecommunications industry. The mobile provider came up with an audacious plan to provide free phone, text, and data to customers who purchased name-brand reconditioned phones. The basic monthly plan offers 200 talk minutes, 500 text messages, and 500 MB of data. Again, all three are free with a purchase of a phone and SIM card.

The company does not require any extra costs to keep the basic service. Those who want a little more are offered options for upgrades. $19.99 per month, for example, allows for completely unlimited talk, text, and minutes. $7.99 per month allows for rolling over unused data month to month up to a specified cap.

FreedomPop has amassed well over 1 million customers in the United States and has done tremendously well in the United Kingdom. Spain is a market FreedomPop wants to move into next. Through a novel marketing strategy using the WhatsApp app, FreedomPop just might become the next big thing in Spain.

FreedomPop has also explored Wi-Fi hotspot service in the United States and elsewhere. In the United States, for a very nominal fee, access to a nationwide Wi-Fi hotspot system is afforded. Millions of locations — including many retail giants — allow for connecting to the Wi-Fi system. Overseas, people can travel through a tremendous number of countries and stay connected via the hotspot concept. Those who absolutely wanted to avoid paying massive roaming fees can turn to the FreedomPop global hotspot for a solution.

FreedomPop has succeeded with a very simple business model: offer free service with the hope a solid percentage of customers will buy additional services or expanded service. No arm twisting or hard sells are necessary. FreedomPop simple delivers on promises. 40+% of satisified customers end up going for more service.

FreedomPop has also benefited from a huge infusion of venture capital funding. Investors clearly like what they are seeing so far. Hence, venture capital investment has been forthcoming to the tune of millions of dollars. Newer and more innovative projects move forward on the FreedomPop assembly line as a result.

Among those projects are home internet and a VOIP phone. Surely,  there will be even more things to choose from the always-growing FreedomPop catalog. The startup is going to remain a major player on the budget mobile/data industry for many years. The deals it offers are just too outstanding to pass up.

Contributions Of The SEC Whistleblower Program In Barring Securities Violations

In 2010, the U.S financial regulation witnessed the most complete change since the Great Depression when Congress ratified the Dodd-Frank Wall Street Reform. It also enacted the Consumer Protection Act. The Act created a new whistleblower program that offers employment protections to individuals that report feasible violations of the federal securities laws. Additionally, it gives financial incentives for people to report the violations to the Securities Exchange Commission.

Labatan Sucharow created a practice that focuses on advocating along with protecting SEC whistleblowers. It was the first firm to establish such a practice in response to the ground breaking legislation. Sucharow’s securities litigation platform is what the Whistleblower Representation Practice is build on. It leverages an in-house team of first-class forensic accountants, financial analysts, as well as investigators with state and federal law enforcement experience. The objective of that is to offer unprecedented representation for whistleblowers.

The Whistleblower Representation Practice is led by Jordan A. Thomas. Previously, he served the SEC’s Division of Enforcement as the assistant chief litigation counsel as well as its assistant director. He contributed to the creation of the whistleblower program by playing a leadership role in the drafting of the proposed legislation and the implementation of the rules.

The SEC is required under the program’s rules to pay 10-30% of the monetary sanctions, which are collected from a successful SEC enforcement. That is paid to eligible whistleblowers. Additionally, the rule applies to sanctions of over $1 million. When the threshold is met, whistleblowers can also qualify for more awards. That is based on the monetary sanctions, which are gathered from correlated actions by other law enforcement organizations.

Moreover, the Dodd-Frank Act makes illegal retaliation by employers against the individuals that inform the SEC as the rules dictate. Significantly, if represented by an SEC Whistleblower attorney, whistleblowers can report probable securities violations. To get more details about the SEC Whistleblower Program as well as to request a case evaluation is easy. The Whistleblower Representation can be contacted via several ways including email, telephone, or electronic submissions. The electronic submissions can be made through the SEC Whistleblower Advocate website.

Initial case evaluations as well as consultations are free and confidential. They are also protected. That is by the SEC Whistleblower lawyer client privilege. Importantly, it is not mandatory for individuals to offer personal identifying information particularly during the first consultation. Additionally, although it is highly encouraged, names of the likely securities violators are not required in the primary consultation. Upon request, translation services are provided for international whistleblowers.

Doing Homework Over Securus With Parents Who Are In Jail

I have been really impressed with Securus because they are helping us work our halfway house with the kids that are here. These kids have parents in jail, and a lot of them still have their parental rights. We want them to have visitations that work for them, and we believe that it works for the kids to get to do their homework and talk to their parents over Securus. I have been happy with how it works, and I have watched it work right in front of my eyes while a kid is doing their homework.


These kids get to see their parents when they are working on homework, and I have seen parents give some very good help. It is a really sweet thing to watch, and it helps the kids avoid the trauma of going to a jail for a visit which can be a very hard thing. The visits are easy on my tablet or phone, and we just prop them up in front of the kids so that they can talk. We do this every day to help these kids, and we know that it is giving real results because it is changing how we are approaching our work. We are trying to support these kids, and Securus makes it easier.


Their parents want to be able to see them and talk to them, and this is really the best way to do that because it puts the parents right in front of their children without any problem. These children get to talk, and they get to do their homework with their parents which is a really nice touch for them. I know these parents like it, and I can see that the kids get a lot happier when they are allowed to speak to their parents.


Securus Video Visitation – Homework from Securus Technologies on Vimeo.