All The Week

The Success of Sujit Choudhry

Comparative law is specifically the study of different legal systems across different nation states. Comparative law is a growing field of study that has gained a large number of followers as the idea of globalization has become more prominent among individuals from all over the world that are looking to be connected. Comparative law became a relevant study of the legal system in the 19th century as more and more individuals as well as businesses interacted with one another through trading as well as through traveling as transportation became more efficient as well as more affordable for even the poorest individual.

As globalization has become more relevant, comparative law has gained more followers to learn more about the similarities as well as the differences of legal systems across regions of the world. Comparative law allows for individuals to examine different legal systems that have been implemented by not only the government, but also by cultural law as well as religious law. Comparative law allows for individuals to examine not only the success stories, but also the failures of certain laws within certain cultures. The goal is to create a new legal system that will continue to promote the importance of globalization.

Within the study of comparative law, one individual in particular stands out through not only the research that he has conducted within this field of study, but by also the time and the effort that he has put into promoting globalization and the choosing of working legal systems. This individual is Sujit Choudhry, an Indian native who came over to the United States to not only be educated at the top schools in the world, but to also conduct research in order to help grow his field of interest. As a lawyer, Mr. Choudhry has been able to inspire others and to grow the interest of comparative law.

Mr. Choudhry is a unique individual who is known as the first Indian who has been honored with a teaching position at one of the United States’ top law school. His position at New York University Law School has enabled many individuals to not only receive a great education, but to also feel inspired through his excellent teaching. Mr. Choudhry has many plans for the future and hopes to continue his teaching as well as his research to analyze the different legal systems that are within countries all over the world.

Tax Systems Used in New Zealand

Geoffrey Cone is a famous lawyer who is currently based in New Zealand. He graduated from the University of Otago with honors. Later on, he went for a post graduate diploma in tax at one of the top universities in New Zealand. Cone started his career in law in Auckland, more than three decades ago. After working in Auckland for several years, he moved to Christchurch where he worked with one of the best law firms, called Chairman of Partners. Cone specialized in tax activities, commercial litigation, and tax advisory activities.

Geoffrey worked for Chairman of Partners for several years before he decided to establish his company. The company was founded in 1999, and it was named Cone Marshall Limited. Under his leadership, Cone Marshall has been quite successful, and mostly focuses on the foreign trusts and tax planning. The company also provides trust and trustee management services to consumers in the whole country.

The successful lawyer wrote about foreign trusts in his country. Due to his experience in the trust department, his advice is not taken lightly. The lawyer believes that these types of trusts are rare in New Zealand. This is because a large group of the population says that the foreign trusts actually expensive activities that only involve exotic land, wealthy people, and some significant financial deals that are not for the common man. According to Cone, this isn’t the truth.

New Zealand has never been a tax haven, and it will never be, according to Geoffrey Cone. The regulating body in the country has never shown signs of featuring in such a list. Tax havens have some unique characteristics. According to this lawyer, they impose little or sometimes no taxes. These countries do not have enough transparency in the tax departments, and most of the procedures in the tax department inhibit the exchange of valuable information with other nations or governments.

For many years, New Zealand has used the OECD Model Agreement on Exchange of Information on Tax Activities, established in 2002. The special agreement supports international exchange of crucial information in the administration of local tax laws. New Zealand is a nation that chose to follow the rules in the agreement, and its tax regulations say it all.

In many occasions, New Zealand has done its part to show the international community that it is very transparent in its tax activities. The tax department leadership handles foreign trusts in the right way and managing the trusts in the placed trustees. These regulations in the country help other nations when looking for valuable information.