A client recently posed a question regarding insolvency. The client had a single member LLC with a significant amount of debt and significant personal assets. Their business was going under. Would personal assets (the client has a significant amount) be counted by the...
A recurring question in the commercial business (B2B) is which general terms and conditions apply. An important legal question. Often both the principal and the contractor will (afterwards) invoke its own general terms and conditions. This conflict is referred to by...
Decree 42/2021 regulated the Solidarity and Extraordinary Contribution (“Tax on Large Assets”) On January 29, 2021 Decree 42/2021 (the “Decree”) was published in the Official Gazette. The Decree regulates the Solidarity and Extraordinary...
In his tax plan, President-elect Biden proposes reversing the Trump-era tax cuts that were passed under the 2017 Tax Cuts and Jobs Act. The Tax Policy Center and the Tax Foundation estimate that the federal government will collect an additional $4 trillion in revenue...
On August 14, 2020, the “Legal Regime of the Remote Working Contract”, Law 27,555, was signed into law by President Alberto Fernandez. The new law provides that remote employees be granted the same rights and obligations as employees performing their duties in person,...
There are two dozen frequently used asset protection structures and countless iterations of these structures. Even the cornerstone structures like LLCs and irrevocable trusts present a great many variations of structuring, drafting and transferring assets to the...
