• Nova Scotia's companies» legislation allows for the use of
unlimited liability companies, which creates a number of opportunities to assist in dynamic cross-border transactions and other tax planning matters.
We also assist many local, national and international businesses, including US enterprises that carry on business in Canada using Nova Scotia
unlimited liability companies, with their debt financing and other legal requirements in Atlantic Canada.
Jeff also has significant experience with the formation of Nova Scotia
unlimited liability companies and the establishment and reorganization of inbound corporate structures involving Nova Scotia
unlimited liability companies.
She has assisted in advising clients on inbound investments,
unlimited liability companies, cross-border financing, tax withholding and reporting requirements for cross-border businesses, corporate and personal tax matters arising from cross-border employment arrangements as well as the personal tax implications of immigration and emigration.
Not exact matches
A letter to Gov. Andrew Cuomo this signed by the women of color in the state Assembly urged him to push for the adoption of early voting and the closure of the loophole in election law that allows for
unlimited donations through a web of limited
liability companies.
At the moment, a single campaign donor can give
unlimited contributions through a network of limited
liability companies or LLCs.
Back in Albany, Senate Democrats today made a renewed push for the closure of a loophole that allows single donors to give
unlimited funds through a web of limited
liability companies.
Squadron has a bill that would close the loophole, which allows individuals to contribute virtually
unlimited amounts of money to a campaign by funneling it through a limited
liability company.
Many of the measures were listed on Cuomo's 2018 State of the State agenda, including closing a loophole in election law that allows for
unlimited political donations through a network of limited
liabilities companies, as well as early voting.
Longtime League of Women Voters lobbyist Barbara Bartoletti expressed frustration at the lack of action on items including closing a giant campaign finance loophole that allows big money donors to make
unlimited contributions to candidates by setting up multiple Limited
Liability Companies.
Cuomo normally prefers to negotiate quietly with legislative leaders on proposals before actually writing legislation, but this time he's penned eight different versions of a bill to close the campaign donation loophole that allows
unlimited contributions from limited
liability companies and he's presented it to the legislature.
Our analysis underscores how
unlimited campaign contributions - as limited
liability companies effectively have no limits - warp our elections and result in important policy decisions being driven by the demands of wealthy special interests.
But a loophole allows
companies to create
unlimited amounts of limited
liability corporations known as LLCs that can each give up to $ 150,000 in campaign donations.
With the forfeiture amendment set to be considered, other reform proposals, such as preventing
unlimited donations through limited
liability companies, remain up in the air.
ALBANY — Since a 1996 opinion from the state Board of Elections resulted in a system in which owners of multiple limited
liability companies can give effectively
unlimited amounts of money to candidates for office, nobody has raised more money from LLCs than Gov. Andrew Cuomo.
The loophole that allows those controlling Limited
Liability Companies to donate essentially
unlimited amounts of campaign contributions is an example of the loophole that swallows the law.
The commission also recommended closing loopholes, like
unlimited donations by Limited
Liability Companies, and creating a new independent agency to actually enforce campaign finance laws.
Close the «LLC» Loophole, which allows an individual to make an essentially
unlimited number of political contributions via the Limited
Liability Companies they control — a common tactic of real estate moguls.
Cuomo normally prefers to negotiate quietly with legislative leaders on proposals before actually penning legislation, but this time he's written eight different versions of a bill to close the campaign donation loophole that allows
unlimited contributions from limited
liability companies (LLCs), and he's presented it to the legislature.
On campaign finance reform, Cuomo again this year said he wanted to close the LLC loophole, which allows limited
liability companies to donate to campaigns under the same provisions to which individuals, providing virtually
unlimited opportunities for entities to donate cash.
And Gaughran wants to close the loophole in election law that allows
unlimited donations through limited
liability companies.
At the same time, the agreements were notable for what they did not include: expanding ride - hailing
companies to service upstate New York and the long - sought effort to end the practice of
unlimited donations through limited
liability companies.
In an open letter released on Tuesday, Gipson called for a special session to deal with ethics and campaign finance legislation, namely the closing of the loophole in state election that allows for
unlimited donations to flow from a web of limited
liability companies.
But major victories for good - government watchdogs such as public financing of political campaigns and ending the practice of donating
unlimited funds to political campaigns through a web of limited
liability companies has alluded passage so far.
Cuomo's prescriptions in his 2016 State of the State speech included closing a legal loophole that lets campaign donors funnel
unlimited sums to candidates through limited -
liability companies; requiring office holders to report campaign contributions every 60 days instead of twice a year; allowing lawmakers to earn no more than 15 percent of their legislative salaries in private - sector work; and adopting a system of voluntary public campaign financing similar to what New York City has.
Cuomo has previously called for an end to the so - called loophole in election law that allows
unlimited donations through limited
liability companies as well as limits to the amount of money state lawmakers can earn outside of public service.
The measures include provisions Assembly Democrats have backed in the past, including an end to
unlimited political contributions funneled through limited
liability companies, new regulations for party conference «housekeeping» or soft money accounts and new transparency proposals for lobbying funds.
Kaminsky announced Monday he would back a pledge that vowed to back closing the loophole in state election law that allows limited
liability companies to give
unlimited donations as well as limit outside income for state lawmakers and curtail the use of discretionary spending in the budget.
By creating limited
liability companies, a corporate or individual donor can give an
unlimited amount.
Mr. Cuomo's office had no immediate response to the proposal, which also included a plan to close the so - called L.L.C. loophole, which allows corporate interests to spend almost
unlimited amounts of money on campaigns by channeling contributions through limited
liability companies, which can be designed to provide little transparency.
This bizarre legal loophole allows essentially
unlimited contributions to state political campaigns by allowing people to make contributions via an
unlimited number of Limited
Liability Corporations, or shell
companies.
Eighty - four percent would back term limits for lawmakers and 79 percent back term limits for state elected officials; 77 percent support ending the practice of limited
liability companies giving
unlimited funds to campaigns; 74 percent back allowing initiative and referendum on the ballot; 65 percent support banning full - time employment for the Legislature.
That's meant that the so - called LLC loophole — an industry favorite that allows property owners and other private interest groups to pour
unlimited amounts of cash into political campaigns though multiple limited
liability companies — has remained in place.
Longtime League of Women Voters lobbyist Barbara Bartoletti expressed frustration at the lack of action on items, including closing a giant campaign finance loophole that allows big money donors to make
unlimited contributions to candidates by setting up multiple limited
liability companies.
Good government groups see the pension forfeiture measure as a token reform and have pressed for the closing of the «LLC loophole» that allows businesses to create multiple limited
liability companies to donate virtually
unlimited amounts of campaign cash; public financing of candidate campaigns; the end of lump sum appropriations in the budget; limits on political contributions by
companies with business before the state; limits on legislators» outside income; and a renovation of Albany's ethics watchdog, the Joint Commission on Public Ethics (JCOPE).
It limits the
Company's liability within an appropriate framework, reduces potential risk of unlimited liability and reputational risk thereby securing the valuable assets of the c
Company's
liability within an appropriate framework, reduces potential risk of
unlimited liability and reputational risk thereby securing the valuable assets of the
companycompany.
Without the support of an experienced and committed injury law firm like George Sink, PA, victims of truck crashes would be up against trucking
companies and their insurance
companies who have seemingly
unlimited resources to investigate and shield the victims from potentially important evidence of
liability and regulation violations.
1)
Unlimited Liability - This means that if you have the risk of losing everything that you own including your personal properties and assets if you run out of business or if somebody sues your
company, they can take everything away from you including your personal assets and property.