There is not much that companies can achieve without the help of attorneys. Enter Michael Hagele who serves as general counsel for several technology companies. He offers his services to technology companies that have specialized in internet, defense, aerospace as well as biotechnology. Besides this, Michael Hagele wears another crown, he has invested in several companies in the hospitality and restaurant industry.
Hagele has spent the better part of his career drafting and closing technology negotiations, as well as licensing distribution. He has for a long time designed agreements in both domestic and international internet, not forgetting to mention the hardware and software fields.
Before his current role, Michael served as general counsel of numerous internet companies. He was in charge of companies’ legal affairs such as corporate governance, employment issues as well as activities regarding acquisitions and mergers. His career however began at Silicon Valley where he was working in the licensing and online commerce group at the Fenwick& West LLP. He attended the University of Iowa for his bachelors’ of arts before enrolling in the University of California from where he earned J.D
One quality that really stands out about Michael Hagele is his persistence. He has never given up on anything. He takes every challenge he faces positively as he believes that they are growth opportunities in disguise. One thing that gets the attention of Michael Hagele is Artificial Intelligence. He is particularly fascinated by the properties of AI such as genetic programming. With AI, Michael Hagele says that the cost of creating a particular patent can be greatly slashed.
Michael Hagele would not be who he is were it not his ability to always put his clients as a priority. He says that the life of a client or his business depends on the ability of the attorney to do his job in the best possible way. He therefore ensures that he puts the interests of his clients ahead.
Learn more about Michael here.
Geoffrey Cone has come out to discredit last week’s feature on foreign trusts, which claimed that New Zealand is a tax haven. He was intrigued by the feature’s claim because there is evidence to show that New Zealand is a model of tax transparency. He pointed out that it was another attempt at misinforming the public.
Cone began by asserting that the country is not on the list of tax havens, which is maintained by the OECD. New Zealand has never and is unlikely to be on the list. For a country to be a tax haven, it must impose zero or nominal taxes. The tax system should also be shrouded in darkness, and there should be no transparency. In addition, such a country should have laws that inhibit the sharing of tax information with other governments, and the country’s private banking industry is highly secretive.
Cone posits that the 2002 OECD Model Agreement on Exchange of Information on Tax Matters is the international gold standard for transparency. A country that fails to satisfy these requirements is considered a tax haven. Geoffrey argues that New Zealand was the first country to make it to the organization’s white list. This means that it was the first country to implement all the agreed tax standards, This way, it cannot be a tax haven.
The government has continued to enhance tax transparency in all its activities. One of the important measures that the nation has put in place is its handling of requirements on foreign trusts. Cone contends that New Zealand has placed stringent checks on trustees. This action enables any foreign government to get any relevant tax information that it requests from the government of New Zealand. This information was originally reported on NZ Herald as explained in this link http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10846049
In 2006, Michael Cullen introduced new rules. The new regulations require a trustee of a foreign trust, who is a New Zealand resident, to submit a Foreign Trust Disclosure form. The trustee is also charged with the duty of keeping financial records of the foreign trust. The individual should maintain other tax related documents such as the trust deed, details of the trust’s assets and liabilities, and details of settlement and distribution. The records should also include those detailing the trustee’s revenue and expenditures. This information must be written in English and kept in New Zealand, or a substantial penalty will be charged. In 2011, New Zealand enacted a new law to eradicate money laundering. This law makes it impossible for the country to be considered a tax haven.
About Geoffrey Cone
Geoffrey Cone is an international tax and trust attorney. He is based in New Zealand where he provides his services to foreign firms operating in the country. Cone is also a specialist in wealth planning with a focus on Spain, Italy, and Latin America. The founder of Cone Marshall Limited is a graduate of the University of Otago, New Zealand.
Brazil is a nation of lawyers; it is a litigious country with an overabundance of law schools. At any given time, there is one lawsuit for every two people in Brazil, but fortunately, there are more lawyers per capita in Brazil than there are in the United states. Brazil also has more law schools than all of the other countries in the world combined. Unfortunately, the number of judges has not kept pace with the enormous number of civil and criminal cases; it takes years for a simple case to to be adjudicated. Rising to prominence is not easy for a Brazilian lawyer; he or she must have exceptional skills and expertise to command respect.
Distinguished Brazilian lawyer Ricardo Tosto de Oliveira Carvalho is a founding partner of the law firm Leite, Tosto e Barros in São Paulo, where he serves as a senior partner. The firm specializes in commercial litigation, corporate restructuring, international law, bankruptcy and electoral law. In his 22 years of practice, Mr. Tosto has represented many prominent individuals and major corporations, however, he still finds time to mentor young attorneys. Leite, Tosto e Barros is considered an excellent law firm for new lawyers as they are given opportunities to advance.
A graduate of the highly respected Universidade Presbiteriana Mackenzie in São Paulo, Mr. Tosto holds membership in the Brazilian Bar Association as well as the International Bar Association. He frequently speaks about legal issues at conferences, co-authored a book and written several articles for legal publications. Mr. Tosto is also a founding member of the Brazilian Institute for Electoral and Party Law Research. Follow Ricardo on Facebook for more information and news.