Blockchain - A brief understanding of what this technology is about.
There are a lot of ideas flying about in blogs and chats about Blockchain technology - It's a way of making hidden deals, making intransparent sales and purchases of all manner of illegal goods. It's even some how related to the other most misunderstood technology of the moment, cryptocurrency. The truth is, Blockchain is in part some of those things, and in part none of them. According to Jack Shaw, global thought leader on emerging technologies, Blockchains have several key capabilities:
Says Shaw in a recent interview with Payments & Cards Network, "A Blockchain creates a permanent, incontestable record of the identity of ownership of assets, business transactions, or contractual agreements."
What makes Blockchain particularly interesting to some people in financial circles is the information in a blockchain can be shared between two or more authorized parties within any business grou ...
Set amidst the gentle backdrop of central Tuscany, this spectacular 19th century castle offers magnificent views of the region’s hills and valleys. Located midway between Florence and the Adriatic Sea, the castle was built in medieval style by Italian poet Giovanni Giusti, a lover of medieval culture. The 35-room castle features the essence of the era, with arched windows, wrought iron gates, a pillared open-air entry hall, coffered ceilings, stone stairs, vaults, spiral staircases, and original frescoes on the ceilings.
The castle is surrounded by an Italian garden with a wide variety of foreign and domestic Italian plantings. Driving up the cypress tree lined drive, your first hint of the grandeur to come is the magnificent main gate in the middle of the facade. A matching gate leads out on the opposite side of the castle. Overlooking the pillared indoor courtyard is a double arched window on the second floor and pointed arched windows on th ...
What better time to pack up and head to sunny Italy! A bill that included very generous tax incentives for people interested in relocating to Italy has been made into law. The ‘Decree of Growth’, also known as the ‘lavoratori impatriati’ regime, is aimed at any type of worker, regardless of their qualification or skill level. It expands on the previous version, which only included managers, executives and entrepreneurs.
Passed under ‘Law 58’, the decree reduces the amount of taxable income to just the first 30% of the worker’s employment income for the first five years. This leaves that 70% that a worker can keep tax free. And that's just for starters.
If an individual chooses to relocate to southern Italy or to the islands of Sicily and Sardinia, the incentives would be even greater. Taxable income for those new residents is just 10% in the first five years – meaning that 90% is untaxed.
Governor Cuomo signed into law new legislation requiring Limited Liability Corporations (LLCs) to disclose all parties involved in buying or selling properties in New York. Prior to the law, property owners coild hide behind anonymous "shell" companies, making it impossible for the law to enforce code violations. The law is intended to bring full transparency to LLC partners. The measure was sponsored in the Senate by James Skoufis (D, Woodbury), who chairs the Senate investigations committee, which has been concentrating on code enforcement issues, and Assemblyman Kenneth Zebrowski, (D, New City). In a dramatic setting, they announced the new law while standing in front of a condemned two-family house at 230 City Terrace in the City of Newburgh. The property's owner is listed only as T&J Estate Properties LLC. Condemned in March of 2019, the house has been written up for nineteen code violations in 2019. The city cannot locate an owner responsible for the buil ...