By David Barstow The New York Times Susanne Craig Russ Buettner Wed., Oct. 3, 2018 President Donald Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, legendary New York City builder Fred C. Trump, provided almost no financial help. But The Times’ investigation, based on a vast trove of confidential tax returns and financial records, reveals that Trump received the equivalent today of at least $413 million (U.S.) from his father’s real estate empire, starting when he was a toddler and continuing to this day. Much of this money came to Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts … [Read more...] about Donald Trump engaged in suspect tax schemes as he reaped riches from his father, investigation reveals
Interpreters code of professional conduct
Bona Fide. In good faith. An essential trait not only in dealing with people, but also in business and legal transactions. The same is defined in Bouvier Law Dictionary as: “The honest and fair pursuit of one’s stated and reasonable purposes. Good faith is sincerity, a measure to assess one’s own conduct and the conduct of others. Good faith is subjective, measuring what one knows, rather than entirely determining what one should reasonably believe under the circumstances. Yet, the subjective aspect of good faith has an objective limit in that contradictions between knowledge and the purpose for which one acquires or employs knowledge may bar good faith.” A phrase drawn between the objective and subjective lines of facts. But, how can good faith actually determine whether a refund of taxes previously paid would ensue or not? In Court of Tax Appeals (CTA) Case No. 9221, petitioner San Miguel Energy Corp. filed a petition for review seeking the refund or issuance … [Read more...] about How sincere can you be?
SINGAPORE - Dealing with the challenge of deliberate online falsehoods requires a multi-pronged approach, guided by the core values and aspirations of Singapore's society, the Select Committee on Deliberate Online Falsehoods said in its report on Thursday (Sept 20). The Committee came up with 22 recommendations to fight the scourge and these are summed up below: - Public education national framework The Government should set up a framework to coordinate and guide public education initiatives, to ensure they have the necessary scope and scale. For schools, the framework should impart critical thinking skills and include a broad-based curriculum with a component on the motivations and agendas of disinformation agents, their tactics and strategies. Moral and civic education should also foster active and constructive public discourse and responsible online behaviour. For the general public, the framework should guide education efforts in building information and media literacy. It should … [Read more...] about Select Committee on fake news: Summary of panel’s 22 suggestions
Ouster immediate; rules allow 15 days to file appeal MANILA, Philippines — Supreme Court (SC) magistrates voted yesterday to remove Chief Justice Maria Lourdes Sereno in an unprecedented decision trumpeted as a foregone conclusion by her political foes and denounced as a mockery of the Constitution by several quarters. Voting 8-6, SC justices granted the quo warranto petition filed by Solicitor General Jose Calida last March 5 against Sereno, cutting short her 18-year term and rendering moot her anticipated impeachment trial at the Senate. The previous Aquino administration appointed her in 2012. Malacañang, through presidential spokesman Harry Roque, urged the public to respect the decision, saying the high tribunal is the final arbiter of the law. “Respondent Maria Lourdes P.A. Sereno is found disqualified from and is hereby adjudged guilty of unlawfully holding and exercising the Office of the Chief Justice. Accordingly, respondent Maria Lourdes P.A. Sereno is … [Read more...] about Supreme Court ousts Sereno