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What is happening with stablecoins in Canada?
Canadian securities regulators have taken a pragmatic approach to the trading of crypto assets.
Global | Publication | September 2018
On August 17, 2018, the president of the Republic issued Decree No 3.584 (the Decree) through which the value added tax (VAT) was set at 16 per cent. This Decree was published in the Official Gazette of the Bolivarian Republic of Venezuela, Special Issue No 6.396, dated August 21, 2018.
The VAT general rate of 16 per cent represents an increase of four percentage points compared to the previous rate, which was set at 12 per cent in accordance with the provisions of article 62 of the VAT Law.1
Article 27 of the VAT Law authorizes the National Executive Government to revise the general rate between 8 per cent and 16.5 per cent.
Article 3 of the Decree set the effective date for September 1, 2018; therefore VAT taxpayers must apply the new rate of 16 per cent for their operations levied from that date on.
Law establishing Value Added Tax, published in Official Gazette No 6.152 Special, dated November 18, 2014.
Publication
Canadian securities regulators have taken a pragmatic approach to the trading of crypto assets.
Publication
For anyone seeking or about to seek an injunction – be forewarned. Either bring your “A” game when filing your application and evidence, or save your time and money.
Publication
Corporations are considered separate legal persons distinct from the people that run them. But, they do not have their own minds or willpower. This raises a question when statutory or common law tests require a finding as to the intent of the corporation.
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