Tax

and Pelican 3 2. AGREEMENTS BETWEEN DOVE GROUP ENTITIES AND PELICAN SUBSIDIARIES 4 2.1 Foreign Exchange and Derivative Framework Agreement between Dove and Pelican Finance 4 2.2 Cash Pooling Agreements with Pelican Finance 5 2.3 Tax Consolidation Agreement between Pelican and Dove and its French Subsidiaries 7 2.4 Buyco Agreements (Pelican's platform for indirect purchases) 7 2.5 Single Negotiator Agreements between Redacts and Dove for Paper Purchases 11 2

the exchange of capital, goods, and services across borders or territories Foreign exchange : it’s the exchange of money in one currency for another. Customs duties : it’s a kind of indirect tax which is collected by a local agency responsible on goods of international trade. Tariffs : it’s a tax levied on imported or exported goods. Quotas : The share or proportion assigned to each in a division. Tariff barriers : Non tariff barriers NTB’s are trade barriers that restrict imports

Canadian Citizenship or Certificate of Naturalization (paper document Proof of Residency List 3 Support of Identity S Child Tax Benefit Statement S Canadian Immigration Identification Card S Employer record (pay stub or letter from employer on company letterhead) S Certificate of Canadian Citizenship (plastic card) S Income tax assessment (most recent) S S Insurance policy (home, tenant, auto or life) Certificate of Indian Status (paper or plastic

could be copy. So it represents losses in term of employment or in term of tax revenues because it’s too dangerous for foreign investors. Workers who work on these products are often exploited, work in bad conditions and are very badly paid. For the countries where the counterfeiting is sold They have to spend much money to set up police actions in particular at the borders and it represents also for us a loss in term of tax revenues and employment. For the consumer Fake products are often

India with products of global standards and is committed to long-term sustainable growth and shareholder satisfaction. • Calculations Return on assets (ROA) = (Net Income/Total assets) Return on Equity (ROE) = (Net Income after tax/Shareholder Equity) OR (Net Income after tax/Total Assets – Total liabilities) Equity Ratio (ER) = (Owners’ Equity/Total assets) Interest Coverage Ratio (ICR) or Times interest earned (TIE) = (EBIT or EBITDA/Interest charges) Quick Ratio (QR) = [(Cash + Accounts receivable)/Current

at a low price. It was the manufacturing sector which was hit the hardest by unemployment. 7. Income Distribution Thatcher’s objective was to provide incentives for the wealth creators to make Britain prosper. Income tax was reduced and the rich pay proportionally less tax than before. In the 1980’s the proportion of family with both adults working increased and the average incomes of British families increased by about 40%. Britain as a whole became more affluent but as we have seen already

SUMMARY Marijuana came to the United States in the early-20th and it was particulary popular among the black community and among Mexican-Americans. However, it was prohibited: in 1937, a Marihuana Tax Act passed, which was a prohibition measure. Today, even if it is known that alcohol and tobacco are more harmful than marijuana, it is still prohibited under the federal laws, except in some states when it comes to a medical use. The idea of legalization is more and more debated. Regarding the

 FATCA(Foreign Account Tax Compliance Act): Le gouvernement des États-Unis a adopté de nouvelles règles fiscales qui obligent les institutions financières et d’autres entités non américaines à documenter et à divulguer les renseignements au sujet de leurs titulaires de comptes à l’agence Internal Revenue Service (IRS), sans quoi elles s’exposent à une retenue fiscale de 30 pour cent. Ces nouvelles règles ont pour but d’aider le gouvernement américain à mieux évaluer le revenu et la valeur des avoirs

ont-ils disparu ? Selon l’OCDE, il reste 17 territoires non-coopératifs. Selon le GAFI, il existe 28 pays qui restent propices au blanchiment d’argent. Selon Bercy, il y a 18 territoires qui ne coopèrent pas avec le fisc français. Selon le réseau Tax Justice Network (TJN, réseau d’ONG et de chercheurs auquel participe le CCFD-Terre Solidaire), il existe au moins 60 territoires qui cultivent l’opacité. Selon 60 % des Français, la liste des paradis fiscaux publiée par le G20 n’est pas fiable ni complète

qui contribuent aux flux de trésorerie futurs à la fois de l’unité génératrice de trésorerie examinée et à d’autres unités génératrices de trésorerie. Session Casablanca 11 – 13 octobre 2004 1 Actif d'impôts différés (IAS 12) (Deferred tax asset) Les actifs d’impôts différés sont les montants d’impôts sur le résultat recouvrables au cours d’exercices futurs au titre : • • • de différences temporelles déductibles ; du report en avant de pertes fiscales non utilisées ; et du report en