TAXATION OF INCOME TRUSTS IN CANADA: EFFECTS ON STRUCTURE‚ CONDUCT AND PERFORMANCE P. L. ARYA Abstract: Income trust as a business structure became increasingly popular in Canada since 2003. Income trust structure gave companies advantage of shifting their tax burden on to the investor. The investor‚ on the other hand‚ received steady and higher than the market rate of return on invested capital and also received capital gains in the form of ‘return of capital’. When large Canadian corporations
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The Past We all have a past and in that past we try to regain something significant to us. In the classic novel‚ The Great Gatsby‚ written by F. Scott Fitzgerald and set in the 1920s New York. The story centers on the mysterious protagonist whose life is fueled by his dream to reclaim the love of his life‚ Daisy. This mysterious protagonist has a “past” that he is trying to re-write to obtain his dream. His past influence his action and values leading to his demise. This mysterious protagonist
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The Speed of Trust In Stephen M. R. Covey’s The Speed of Trust: The One Thing That Changes Everything‚ he gives some great tips on how to gain‚ keep‚ and rebuild the trust of others‚ whether they be coworkers‚ family members‚ customers‚ or complete strangers. He emphasizes the importance of trust in every relationship‚ purporting that relationships are built on and sustained by trust. And even the best relationships can be broken and destroyed by lack of trust. Without trust‚ actions are misinterpreted
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Case Report Bill Miller and Value Trust February 9th‚ 2015 Bill Miller and Value Trust is a well-known mutual fund company that has outperformed the S&P 500 from 1991 until 2005 and this is the longest streak of mutual fund success in history. The mutual fund was the managed by William H. “Bill” Miller III who by concept was a contrarian‚ which means that his investments were focused on low price‚ high value funds. The “measure “of the industry are based on indexes and every fund is compared to
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Why the past should not be glorified We should not preserve the past‚ we should look to the future. We are living in the modern era‚ where people are practical and realistic‚ optimistic that new inventions and discoveries will improve their lives. For most‚ it would be plain foolishness if one were to be so mindful about the past‚ when instead‚ one should invest his time and thought into building a better and more meaningful life in the future. Ironically‚ in the midst of their “pragmatic” judgement
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Providian Trust Case Study Executive Summary: Providian Trust is a company which is rich in tradition‚ experience‚ and a high level of customer service‚ but was void of technology‚ information management‚ and therefore also void of an IT competitive advantage. Providian Trust was in major need of reengineering and simply implementing a new software system (Access Plus) was not going to give the company a competitive advantage. The company was going to need a dramatic redesign of business processes
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TRUST OR DISTRUST ON ONLINE BANKING SUBMITTED BY: ABDUL SAMAD MUNAF MUSHAL JAMIL Letter of Authorization 14th April‚ 2010 To Whom It May Concern: Under the authorization of Mr. Ather Akhlaq‚ Professor for the course Internet Banking & EPS at the Institute of Business Management‚ we have been required to obtain all the possible information and material to prepare a detailed and accurate research based term report. This report is regarding compilation of data carried out with respect
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TRUST IN THE MILITARY What is one of the most important elements used in relation building in the military? Trust‚ personal growth from friendships becomes challenging without the presents of this crucial element. Without trust‚ individual’s confidence in all echelons of leadership and their subordinates ability to complete missions would diminish a unit’s morale and loyalty. Friendships are constructed over time through the innuendo of mutual trust. Time is the only factor
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Teaching Guide Building Trust (DVD Title: Building Trust in a Large Organization) LEADERSHIP CHALLENGE: TEACHING OBJECTIVES: Manager must win the trust • Importance of building trust of over 500 employees in his with people when leading a large team Understandcall center team to motivate ing how to earn the trust them to maximize customer of subordinates who are different than you satisfaction. LEADERSHIP DECISION AND RESULT: Manager finds a common ground with people‚ learns their names‚ changes
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Discretionary Trusts and the concept of a sham trust. (a) The central theme regarding trusts is that they are assets that are legally owned by the trustees and not the beneficiaries. In a discretionary trust‚ the trustees have discretion as to who among a class of beneficiaries should receive income and/or capital under the trust and in what proportion (e.g. Mettoy Pension Trustees Ltd v. Evans [1990] 1 WLR 1587). So until a beneficiary is chosen to receive income or capital‚ they do not possess
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