BUSINESS VALUATION Business valuation is a process and a set of procedures used to determine the economic value of an owner’s interest in a business. Business valuation is often used to estimate the selling price of a business, resolve disputes related to estate and gift taxation, divorce litigation, allocate business purchase price among the business … Read more
It has been often touted that QNUPS is one of the best tax saving overseas pension schemes for systematic investment. But, what are the tax privileges that one gets from it. The reason for the launch of QNUPS in February 2010 is due to failure of the taxman in the previous legislation, QROPS, which failed … Read more
Why Incorporate an Offshore Tax Haven Company? An Offshore, International Company is commonly set up in a tax haven like the British Virgin Islands, Bahamas, Caymans Islands etc, where there are no corporate or personal income taxes, capital gains taxes, reporting requirements, or restrictions on company employment policies. As the “world” becomes global, fewer businesses … Read more
The Patient Protection and Affordable Care Act includes changes in the delivery of health insurance and several new income tax provisions. The implementation of these new rules over several years is a major focus oftax continuing education for Enrolled Agents and other tax professionals. Coverage Changes Starting in 2010, an adult child up to age … Read more
Islamic financial arrangements used in Islamic banking (MUSHARIKA, MURABIHA, QARDE AL’HASANA, IJAREH, MUDARABA) Author: EHSAN ZARROKH ZARROKH2007@YAHOO.COM 2007-04-06 ABSTRACT Islamic finance is an old concept but a very young discipline in the academic sense. It lacks the required extent and level of theories and models needed for expansion and … Read more