Centrolaw

 There are various taxation models where a taxpayer's residence is a crucial element. Whenever the conditions for residence are fulfilled, the taxman will apply taxes, sometimes to the taxpayer's surprise.    Other nations tax citizens' worldwide income according to their citizenship, regardless of where they stay or live. Still, the majority of countries use a residence-based taxes system. Irrespective of where the income was created, its residents must pay taxes on it. The same person may be subject to comparable taxes relating to the same subject matter in two or more countries for the same period under various taxation schemes. Even though some nations offer tax credits for international taxes or other relief to prevent double taxation on the same income, the consequences for the taxpayer can be harmful. Cross-border situations require careful consideration of tax residency. Thumb guidelines and manually calculating the days in a particular country would not be enough...

Two-thirds of the world’s greenhouse gas emissions come from the production and consumption of energy. Renewable energy investments assist in lowering CO2 emissions associated with greenhouse impacts on the earth’s environment. We can lower greenhouse gas emissions and lessen the effects of climate change by substituting renewable energy sources like wind, solar, geothermal, hydrogen, etc., for fossil fuel energy sources like coal and oil. To keep global temperature increases below two °C by 2050, the International Renewable Energy Agency (IRENA) estimates that 65% of the world’s energy supply should come from renewable sources (Paris Agreement). Over the next three decades, investments in renewable energy must total more than 2 trillion USD annually. Historically, 90% of all investments in renewable energy have been financed by private capital. Centro LAW creates family offices for wealthy individuals, business owners, and their families. While sustainable investments are a growing co...