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Best Ways for Americans to Make Donations to International Charities

Donating to a non-profit charitable organization is one of the best ways of helping others who are in need. In general, there are several charities that work for different causes such as providing disaster relief, healthcare facilities for the poor, protecting animals from cruelty, etc. Considering the USA, charities raise billions of dollars each year for the betterment of mankind, the animal kingdom, and the planet Earth. In fact, the annual charity generation in the USA is one of the highest in the world. Among the billions of dollars, most donations are made to the US charities while the remaining small portion goes to the international charitable organizations. No doubt, there are many Americans who are eager to donate their fortune to international charities but due to some reason they don’t. One of the foremost problems is that most international charities do not provide tax deductions to the US citizens and as a result, most people choose to make donations to US charitie

American Minimultinationals and their US Tax Obligations

Large companies that operate in several countries are known as multinationals. A company that is US-based and operates in several countries is identified as an American multinational company. However, most people are quite unaware of the existence of mini-multinationals. Indeed, an American mini-multinational is also a US-based firm working internationally but its scale of operations is smaller as compared to a multinational company. Exposure to the Taxation Evidently, the taxation rules and regulation imposed by the US are quite harsh for both the individuals and businesses. FYI, the Internal Revenue Service (IRS) of the United States has the responsibility to collect the taxes and ensure tax codes are followed properly. When it comes to mini-multinationals, these businesses also need to pay taxes on their worldwide incomes just like any other US citizen. Consequently, it becomes essential for such foreign business entities to prioritize tax planning for minimizing th

Things to Consider While Making Donations to Charitable Organizations

Making donations for good causes has been prevailing in the world for many years. However, in a few recent decades, the charity activities increased exponentially and today a huge amount of donations are made every year collectively by individuals and businesses. Among many generous countries in the world, the United States of America is a prominent name. The yearly donations raised by the Americans count in billions of dollars with a significant proportion going to the local charities. While many US donors want to donate more to international charities, there are few reasons that restrict the flow of donations outside the US. While donating to charities is definitely good work, it is important to lay emphasis on various factors associated with it. Some of the most important things that any individual who is willing to make donations should consider are as follows: • Doing a Thorough Research on the Charitable   Organization One of the most important activities that many peopl

Take an Innovative Step towards Success by Investing in Disruptive Technologies

Disruptive Technologies Can Build Rewarding Opportunities                                       Disruptive technologies are popular for its aptitude to modify the way of market operations. E-commerce is one of the major examples of Disruptive technologies, which comprehensively transformed the procedure of buying and selling the products and services as well. At present, there are various companies, who are making enormous efforts on developing numerous technologies that contain an active and attentive approach as e-commerce has done. Moreover, it not only contributes to all aspects of marketing but also creates possible opportunities for investors and business as well. Honestly, disruptive technologies are trending for the incredible results of immense change that it brings in the markets. As it is revolutionary to the marketing sector, numerous investors and people who are connected to the field strictly examine the progress of disruptive technologies and its future implicatio

3 Things That Makes Asset-Based Loans Better Than Conventional Loans

In today’s competitive business environment, achieving constant growth is imperative for achieving long-term success. However, one of the basic requirements for magnifying and maintaining business operations is the arrangement of additional capital. The most common method that businesses use to arrange money for themselves is a loan. Typically, loan providers charge a fee from lenders that depends on the loan amount and the time within which the loan is to be repaid. Moreover, there are different loans available for firms such as SBA loans, medium-term business loans, and small-term business loans. Asset-Based Loans It has been a couple of years since asset-based loans have become a popular option for financing businesses. In fact, the recent years have witnessed a great upsurge in the demand for asset-based loans and many businesses now prefer using asset-based loans to finance themselves. The main attraction of asset-based loans is that the loan amount is secured

How Asset-Based Loans Can Help Businesses Grow Faster

Every business needs to borrow money at different times in order to support their growth and operations. While there are various types of loans available specifically for businesses, the asset-based loans (ABLs) have become a more attractive option. Matthew Ledvina is a managing director of a venture capital firm headquartered in London, which provides asset-based loans to firm throughout the globe. Mr Ledvina underlines the importance of asset-based loans in propelling the rapid growth of companies. What is Asset-Based Loan? Unlike many other typical business loans, an asset-backed loan is granted to a company on the basis of their current assets. To be exact, assets including inventory accounts receivable and machinery can act the collateral for the loan. In addition, the loan amount issued to a company is dependent on the value of their collateral assets. Acting as a revolving line of credit, the loans backed by assets spawns various advantages like using unpaid inv

Reasonsbehind the Wide Recognition of Asset Based Lending

In recent years, a new type of loan emerged as a rock-solid option for businesses to finance themselves known as asset-based lending. The loan sanctioned to a company within asset-based lending is secured against the assets of the company. In general, assets such as account receivables, inventories, machines, property, equipment, etc. are accepted as collateral. There are several benefits of choosing asset-backed lending over other financing methods with some of them as follows: ·         Fast Processing Unlike many other conventional loans and financing methods, asset-based lending requires significantly less amount of time for its execution. Consequently, businesses that need immediate capital for meeting their expenses or for any other purpose can get loans using their assets. ·         Low-Interest Rates Another major perk that businesses enjoy by opting for asset-based lending is the low-interest rates on loans. When compared to financing methods such as uns

Matthew Ledvina’s Hopes for the Future

Matthew Ledvina, despite his long career as an international tax attorney, has switched his focus to growing a Fintech in London and pursuing his passion for venture capital in all areas of investment. While he still works with families on capital preservation strategies at a private office, such as cross-border tax optimization and succession issues, Matthew has shifted his attention to Fintech, driven by his love for technology. Matthew has found a new passion for the future, and he hopes to leave a legacy in this new, dynamic field. After spending around 15 years as an international lawyer with a focus on private wealth, Matthew's philosophies and approach to life have shifted. He wants to be challenged, creates new businesses, and learn new subjects. After spending a large amount of time in tax advisory, he views working with families as turning a present value into a future value. On the other hand, he also desired a pursuit that fulfilled his yearning to grow and chang

The Accomplishments and Legacy of Matthew Ledvina

Matthew Ledvina has taken his extensive legal and tax training into the world of an exciting new Fintech company in London. While he is slowly moving on from the day-to-day of tax advisory, he has left behind some accomplishments and legacy in the field. After working at Baker McKenzie, a prestigious law firm with offices spanning Europe, for several years, Matthew Ledvina and other Baker colleagues took the initiative to start their own company, a boutique law firm offering services to multiple jurisdictions. In 2010, Matthew and his friends founded a firm that specialized in advising multinational cross-border -families about private wealth management. One of Matthew Ledvina’s accomplishments during his time at his law firm is advising Swiss-based banks for the August 2013 program, United States and Switzerland Issue Joint Program on Tax Evasion Investigations. Matthew advised on the best possible strategy, as well as if the banks should follow Category 2, 3, or 4. His val

Matthew Ledvina’s Involvement With a Boutique Law Firm

Matthew Ledvina is presently focusing on his role as the managing director of the Fintech company based in London. Even though that endeavour is his central concern for the foreseeable future, he continues to advise family offices on the optimal tax and investment strategies for cross-border families. After leaving Baker McKenzie, the law firm where he worked for around five years, Matthew worked at the Julius Baer bank in Zurich as the executive director of the Head of UK Wealth Planning. During this time, Matthew collaborated with friends from Baker McKenzie to create a new law firm that focused on cross-border financial and tax matters. After spending only one year at the bank, Matthew and his friends from Baker McKenzie founded a boutique law firm. During the years 2010 to 2018, this company proved to be a success for Matthew, and it grew from a small company of four employees to a larger venture that employed 40, with offices in Zurich, Geneva, and Lugano. Matthew left the