Real estate commissions represent one of the highest costs at a typical closing. Buyers don’t pay this fee, sellers do. Historically, the commission has been 5% to 6% of the home’s purchase price, split evenly between the seller's agent and the buyer's agent.However, legislation in 2024...
A captive real estate investment trust can be created to take advantage of the tax breaks offered by a real estate investment trust (REIT). Companies may choose to develop or take controlling ownership in a REIT for captive status. Controlling or captive status is defined as more than 50% of...
In healthcare, the figure is 9%, while real estate companies see an 8.2% dividend [Morgan Stanley] Companies that prioritize DEI increase employee happiness by 31% and motivation by 25%. Happier, more productive staff delivers better business outcomes. [BCG] Employees who strongly believe the ...
Banking offshore is not about hiding but global tax restructuring. This legislation, along with the threat of being excommunicated from the global banking system, has, as a result, made the global banking system much more transparent. That is not to say that there is no such thing as privac...
Off-plan real estate units that may be the subject of legal transactions, pursuant to the legislation in force in each Emirate; and Capital and future Assets, Assets manufactured in a certain way, equipment, plants, living and unborn animals. Movable property...
Just in case you have questions about employee monitoring legislation in various countries, including the USA, UK, Australia, South Africa, European Union, and more, you can refer to the WorkTime blog, where we discuss sensitive legal aspects of employee monitoring. ...
While this structure may sound complicated at first, it is actually quite simple and effective. Governance of such a large and multi-faceted polity requires coordination and dynamic, real-time adjustments. To accomplish this, strong leadership-driven large-scale cooperation and organizational ...
Transfer tax of 4% is levied on the assessed value of the property. The assessed value of the property is usually based on total number of square meters, the land's location, use, and other factors. Get access to up-to-date real estate data ...
Real Estate Investment Trusts A captive REIT is a REIT with controlling ownership from a single company. Beyond that, captive REITs are simply REITs. An entity can be classified as a REIT if it meets certain requirements of the Internal Revenue Service and Title 26 of the Internal Revenue Code...
Different dynamics of climate change, population growth, and urbanisation challenge water service providers (WSPs) and those managing urban planning. The scientific community has been evidencing the concept of sustainable urban water management (SUWM) as