Capitalism has been the economic system used in the United States for generations. The United States economy and lifestyle, is based on these capitalistic principles. A company that pursues a risky and dangerous business model, and is not profitable will likely close, file for bankruptcy (Chapter 7 or Chapter 11) or forced to secure new … 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
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
IRS Tax Attorney for Your Tax Debt It may seem it’s not necessary to hire an IRS tax attorney for your tax debt in the beginning; however it will not take very long to discover that professional guidance is absolutely essential. Whatever associated with the Internal Revenue Service and earlier due taxes can turn out … Read more
Economic history First five decades Pakistan was a very poor and predominantly agricultural country when it gained independence in 1947 from Britain. Pakistan’s average economic growth rate since independence has been higher than the average growth rate of the world economy during the period. Average annual real GDP growth rates were 6.8% in the 1960s, … Read more