health care, education and culture, geography involving mainland China, Hong Kong and overseas.The funds derived from the Ma and Cai Chongxin Ali Group has the option,chaussures femme pas cher, according to the official micro Ali disclosure, the overall size of 2% of the total share capital of the Ali Group.Micro-day official did not disclose Alibaba,mulberry handbags, Ma,hollister kids, Tsai’s personal charitable trust fund will be set up where, and establish specific time.“About the horse,hogan scarpe, Cai two individuals Charitable Trusts is already outside the establishment, at present we do not yet grasp the relevant information. But one thing is certain,hollisters, in China, due to a charitable trust set up relevant laws and regulations are not perfect, first of all to charity Donation Trust can not enjoy tax benefits, while equity is not as trust assets may be horses.
but after the listing of the company if the share price doubled, then the charity if you want to sell this part of the stock, they have to be turned over to stock appreciation part of the 25% income tax,chaussure zanotti, which is likely to be a huge sum of money.While foreign charitable organizations, such as Ma and Cai Chongxin making substantial donations equity Singapore charity to sell the shares at the time, do not pay income tax on the portion of the value of the stock. Therefore,christian louboutin mens shoes, Ma stake if the same amount donated to domestic institutions, and donated to the Singapore agency,pjs homme, outcomes and effects are completely different.In Chapter Gao Rong seems, Ma and Cai Chongxin the Singapore charity donations, in addition to the tax considerations that may be for the establishment of personal Charitable Trusts intend to do.April 25, 2014, the United States listed on the eve of Alibaba Group,barbour lyon, Ma and Cai Chongxin by Ali official microblogging announced that it will set up a personal charitable trust fund dedicated to the environment.
Cai duo moved to offshore operations to select the main reason. “Gao Rong Zhang said.Compared to the common donations, public charitable trust this little known to the public way.The so-called charitable trust,louboutin pas cher femme, is noted for public purpose trust established. It is provided by the client to establish a specific property, the property is managed by a trustee action,hollister site officiel, and trust income for the trust file specified public purposes.In fact, as early as 14 years ago, the charitable trust has a legal framework. 2001 promulgated the “Trust Law”,zanottis, the charitable trust with a whole chapter provides clear this basic principle. “The state encourages the development of public trust.” According to regulations, the public trust has four essential elements: established for public purposes; approved by the public welfare administration; there is trust supervisor; trust property and the proceeds used for public purposes.“Under the existing legal framework.
interviews and internal data.Bai Jie in the chart, the most interesting is the Alibaba founder Jack Ma,giuseppe zanotti, he donated 16.9 billion yuan worth of shares of Alibaba in the first place, second place is a shareholder of Alibaba Caichong Xin, donations amount to 7.24 billion shares Yuan.And donate the shares corresponding to overseas charities China has become the main recipient of large individual donations of funds. According to statistics,abercrombie pas cher, China 2014 annual large individual donations received by foreign institutions,abercrombie paris, exceeding the 24.2 billion yuan, accounting for 80% of the total year.“Ma and Cai Chongxin high value of the equity donation amount, because they enter the list, so that in 2014 the direct Bai Jie standings ENTRY donations more than 30 billion yuan, compared with the year 2013 total 14.7 billion yuan, an increase of 107% also named the rankings started four years, the total amount of donations single year for the first time more than 30 billion yuan. “assistant president of the Chinese Academy of Public Welfare and Research Director Gao Rong Zhang told reporters on the China Youth Daily.Gao Rong Zhang explained that because Ma and Cai Chongxin would donate such a large stake in a Singapore charity, plus a couple Pan Shiyi donation to Harvard University and Yale University, so we can see the result is that in 2014 the domestic eighty percent large individual donations flowing overseas.Equity donations awkward in the territoryGao Rong Zhang believes that foreign policy in charity donations tax may be the main reason for China’s large donations from overseas donors, “China will donate as sales of equity, therefore,christian louboutin pas cher, donors and the recipient must pay tax, and There are plans for listed companies,christian louboutin pas cher, around the market, the greater the gap between the tax money. “Gao Rong Zhang further explained that companies in the market before,boutique louboutin paris, to make a donation in the form of equity, needs to pay the tax may not be high.
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