Ron Wood

A political accountant once told me that if you want to really understand a Country and its Culture you study its Taxation System.....And surprisingly it really works! Take Iran for example. Although it suffers from huge tax evasion issues and is going through momentous geopolitical issues at the moment. Iran, not so surprisingly has a very structured tax system.......and if you invest in areas that are not developed you could receive tax exceptions for over 13 Years. That said you do have to be very mindful of the Tax System, as since oil revenues have reduced and the emphasis is more directed towards collecting taxes, the penalties can be rather severe! Iran’s taxation system is structured to cover various sectors, with incentives to foster economic growth. The corporate tax rate stands at 25%, with a reduction to 22.5% for listed companies. Foreign companies operating in Iran are also taxed at 25% on local income. That said significant exemptions exist, especially in Free Trade Zones (FTZs) and Special Economic Zones (SEZs), where businesses can enjoy up to 13 years of corporate income tax holidays, depending on their location and sector. For employees, Iran employs a progressive income tax system where rates increase from 10% to 20% based on income, with exemptions for lower earnings. Employers are required to withhold taxes and contribute to social security, with a total contribution of 30% of an employee’s salary, split between the employer (23%) and the employee (7%). Investors benefit from various incentives, particularly those focusing on non-oil exports or operating in FTZs/SEZs. These include VAT exemptions for certain services and reduced import duties. Overall leveraging their Tax System to suit your needs is essential, while understanding their simple regulations. Iran is an interesting Country and one I would invite you all to explore as away from the media amplifications it's actually a very normal country no different from Singapore, South Korea or even Thailand. Sometimes Robert Frost's famous poem "The Road Not Taken" is the best course of action #iran #enterprise #business.

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Hamas Chief Ismail Haniyeh Killed In Iran's Capital, Group Confirms One has to hand it to #Israel. If at all they are responsible, they have shown to the world that when it comes to retribution, they will stop at nothing. The fact that this happened on the soil of #Iran adds a whole new dimension to the ongoing #conflict. Ismail Haniyeh was a top leader of the terror organisation Hamas. While the masses of Gaza suffered the consequences of the actions of Hamas , leaders like him, enjoyed the safe haven provided by supporting nations. They were not safe enough it seems. #Hamas may be considerably weakened and the impact may show in #gaza. However the reaction of Iran may be violent, and may lead to an escalation at the macro level. The tremors and #strategic implications may be felt in near future as the #geopolitics unfolds after this major incident. The hope for peace in Gaza may be dashed as the matters flare up at global level. #war #palestine #terror #terrorism #conflictmanagement #peace #revenge

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A political settlement in Israel-Palestine is the ONLY civilised response to the spiral of violence and extremism. It is what Australia should be demanding of Israel, Palestinian organisations and the international community. In Australian politics, we are used to #braindead politicians who sow #mediocrity all around them. They do not think or lead, they follow. They seek out the easiest option on any given issue. Australia is one of only a few nations in the world that has sizeable #Jewish and #Palestinian populations. The only national interest we have in the Middle East is #settlement of the Israel-Palestine issue so that our domestic #socialcohesion in Australia is not weakened by ongoing conflict. Because we are a country with a reputation for fair-mindedness, and because we have both Jewish and Arab people, Australia should contribute towards finding a sustainable #politicalsettlement in Israel-Palestine. We should not take sides in military conflicts, but we should #lead in conflict resolution as a trusted intermediary and broker in world affairs. And we have something further to #offer to the trouble-spots of the world - the #Australian model of a working multi-ethnic, multi-faith democracy. A sustainable #politicalsettlement in Israel and Palestine will have to comprise the following: 1. #Release of the 120 Israeli hostages in Gaza and the 11,500 Palestinian detainees held by Israel without trial (some for up to 20 years). 2. #Withdrawal by Israel from #occupiedterritories in Gaza and West Bank, and removal of the 850,000 illegal Jewish settlers in the West Bank. 3. #Acceptance by Israel of a 'right of return' for Palestinian #refugees and their descendants who were forcibly removed from their homes, farms and businesses in 1948. 4. #Disarming of Hamas, and #disarming of the Zionist militias in the West Bank, and enforcement of this demilitarisation by an international alliance of peace-keeping forces. 5. International #suspension of all arms supplies to Israel and Hamas. 6. #Equalrights for people of all races and faiths who live between the River and the Sea in a #shared homeland, based on the #Australian model of a multi-ethnic, multi-faith democracy. No Australian can #argue that a multi-ethnic, multi-faith democracy is unworkable - it is our #own reality. ___ It is not Australia's #destiny to be governed by brain-dead career politicians for all eternity. From as early as the 1840s, through the words of patriots like John Dunmore Lang we have had another strain of thinking about our national identity and destiny - that we are harbingers of a New World without the divisions and bloody conflicts of the #OldWorld. Many of us like the second one better. Join #DemocracyFirst today https://lnkd.in/gB7mz-3d

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It is time for Australian voters to send the Australian Greens party to the electoral compost heap. The Greens are the party of antisemitism and the mouthpiece for Palestinian terrorism hidden in the keffiyeh. The Australian Greens .:. In many ways, the Greens have taken a giant political gamble by associating with hardline protesters and certainly speaking to crowds where anti-Semitic campaign material is visible. Despite Bandt’s protests this week, the Greens have a national problem as they pursue the hardline activist vote in the inner cities. There is plenty of evidence of the Greens’ poor judgment, going beyond the claimed involvement in political protests at electoral offices and MPs’ events. Bandt denies any wrongdoing and has threatened defamation against the nation’s chief law officer. Both Labor and the Coalition believe the Greens have been targeting the pro-Palestinian demographic as a vote-harvesting exercise. In a purely cynical sense, the Greens’ gamble of shooting at Israel and the Australian Jewish community may come with mixed results. It may alienate some many older-left wing Australians who know what the Holocaust represents, and in their place the Greens have focused on hardline younger activists in inner-city seats. They want the latter’s vote. It is a political gamble, relying heavily on the ignorance of young Australians who have been appalled by the social media vision of the Netanyahu government’s fight back against the atrocities of October 7. The scale of the loss of life in Gaza has, for many young people, outweighed any capital that Israel and the Jewish people have built up in Australia since the end of World War II. For political researcher Kos Samaras, of RedBridge Group, the Greens are punting on a win-loss strategy, one where the hardline young activists are appeased but older Greens millennials – aged 28 to 43 – are challenged by the cynicism. “They are hardline young activists and he’s (Bandt) pandering to them because he thinks that’s the Greens vote,’’ Samaras says. “But they are losing on the other end.” Samaras says the risk for Bandt and the Greens is that the older millennial vote will peel off to Labor, which is also facing challenges in Muslim seats, including in Sydney’s west and Melbourne’s north and northwest. This, of course, leaves the Greens isolated among the grown-ups in the federal parliament. Having been accused of playing with aspects of the extreme end of the Middle East debate, the minor party must assess whether the gamble will pay off. That will be known only at the ballot box. https://lnkd.in/gpxVSXdj .:.

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Why the about-turn? In November 2022, National and Act joined the Greens and Te Pāti Māori in urging the Labour government to designate the Revolutionary Guard as a terrorist entity following the crackdown against protesters. Now Government says it has no plans to label Iran’s military guard as a terrorist group. The European Union has sanctioned the Revolutionary Guard’s navy for its role in delivering arms to the Houthis and Hezbollah, and there have also been allegations it is supporting Russian forces in Ukraine. Four countries – the United States, Sweden, Bahrain, and Saudi Arabia – currently designate the Revolutionary Guard as a terrorist group, and the Canadian Parliament recently voted unanimously to follow suit in a non-binding motion. Why has the government pulled back from sanctioning “a militia force undermining global and regional peace, security, and the rule of law”? https://lnkd.in/dPEa2HvQ

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Understanding our client's goals is very important to us. We begin by identifying their needs and objectives, then develop a strategy to help them achieve their goals. Finally, we pinpoint the best location for implementing the strategy. 🚀💡🔎 #realestateinvesting #investoraid #buyersagentaustralia #buyersagent #propertyinvestments #realestatestrategy #investingrealestate #buyersagentsydney #realestateaustralianrealestate

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Safeguard your personal data at tax time with this expert cybersecurity guide. Aimed at tax agents and Australians preparing their tax returns, tune in now for expert tips on how scammers operate, and how to stay secure.

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Touch Some Grass I read this profound advice “Touch Some Grass” given by a young person to an "absentee" billionaire dad, who now rues things did not go as he wanted. I wish young people are kind to their parents & try to understand their pov too while standing their ground when necessary. Touch Some Grass in Gen Z lingo is an alternative way of telling someone to go outside & stop living in their head. It also implies that people need to exit denial mode & go back to reality.  Many these days think the world dances to their tunes ignoring reality. = = = In “touch some grass” there are lessons galore for everyone in the world. 1. For leaders of Israel & the Middle East with risk of wider war making headlines every couple of days with everyone playing zero sum games throwing caution to wind. 2. For leaders of Russia & Ukraine, with the War already in its 30th month.  3. For G20 finance ministers who failed to agree on a global tax on billionaires. “Some individuals control more resources than entire countries,” Brazilian President HE Luiz Inacio Lula da Silva said. According to Oxfam the World's richest 1% collected over $40 trillion in new wealth over the past decade. 4. For Mr. Donald Trump who says “Christians Vote for me now & you never have to vote again as I will fix it nice.” Is Mr. Trump going the Biden way, mixing up names & such statements. The Trump campaign should distance itself from Capitalist Warlords & money bags who never touch grass. 5. For African leaders who are quiet about addressing problems of poor governance & endemic corruption. We can’t blame others for all our problems without taking personal responsibility. I saw on TV a bevy of African leaders in Paris for the Olympics. African nations can better utilise their limited budgets to invest in & to uplift people. Do Watch: Queen of Katwe: https://lnkd.in/eKenNzDA 6. For Muslim men Muslims must respect women of other faiths – Kremlin Mr. Dmitry Peskov has rebuked followers of Islam who don’t treat women of other faiths with the same courtesy as their own. Am sure the Kremlin did not make this statement lightly. Do Read: https://lnkd.in/er_ZBcJz I am never short of words but what do I say. Not all muslims are alike. Let’s reflect & address any shortcomings in our actions. Even educated & good people anywhere irrespective of religion can be so out of touch with reality due to #entitlement culture. Watch this movie: The Help It can help us all do a reality check & become more sensitive & empathetic towards fellow human beings. Am temporarily not boosting my linkedin posts as part of Touch Some Grass & as a reality check about our world. == Interesting Reads I. The Olympic spirit: UAE public diplomacy Do Read: https://lnkd.in/eWAA2iwJ II.  Iran’s Supreme leader formally grants Mr. Masood Pezeshkian presidential powers & indicates Iran is open to easing diplomatic engagement with the West. Do Read: https://lnkd.in/ekVT9Kz5

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🌟 Overcoming Financial Uncertainty: A Strategic Guide for Australian Business Owners 🌟 In today's rapidly changing economic landscape, many Australian business owners are grappling with financial uncertainty. From fluctuating market conditions to rising operational costs and difficulty securing the finance your business needs to grow, the challenges are significant. Navigating Financial Challenges as a business owner, you might be facing: 📉 Declining revenue 💰 Increased costs for raw materials and logistics 📊 Difficulty in securing the finance you need 🏦 Poor service or lack of understanding from your existing bank or financier So, how do you navigate through these difficult times? Seek experienced professional advice and guidance. Consider these strategies if you haven't already: 💡 Optimise Cash Flow Management: Implementing robust cash flow strategies can help you maintain liquidity. 🔹 Negotiating better payment terms with suppliers 🔹 Offering early payment discounts to customers 🔹 Regularly reviewing and forecasting your cash flow 🏦 Leverage Financial Products: Explore tailored financial solutions designed to meet your specific needs, such as: 🔹 Business Loans: Secure funding for expansion or operational needs 🔹 Invoice Financing: Improve cash flow by advancing payments on outstanding invoices 🔹 Equipment Financing: Upgrade or purchase new equipment without significant upfront costs 👥 Engage with a Finance Broker: Partnering with a knowledgeable finance broker can provide you with: 🔹 Access to a wide range of financial products and lenders 🔹 Expert advice on structuring deals that align with your business goals 🔹 Support in navigating the application process and securing favourable terms At Integrity Finance Australia, we specialise in negotiating the best terms available and providing tailored financial solutions that improve your financial position significantly. 🔗 Contact us today to discuss how we can support your business to secure the finance you need to achieve your goals. By focusing on these strategies, you can not only weather the current economic storm but also position your business for future success. Interested in your thoughts and comments below. What financial challenges are you or your clients currently facing. Charles Zerafa Senior Finance Broker at Integrity Finance Australia #SmallBusinessAustralia #BusinessOwners #Finance #FinancialServices #EconomicTrends #IntegrityFinanceAustralia

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How real estate can build your wealth? 🏠💰🌟 #investoraid #buyersagentaustralia #buyersagentsydney #InvestmentProperty #buyersagent #RealEstateAustralia #propertyinvestment #realestateinvestment #capitalgrowthandcashflow

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A Bitter Honor for the Iranian Nation The Migration Policy Institute (MPI), a non-political and non-profit organization, has highlighted that, in the history of the United States, the highest quality immigrants come from the Iranian community. The Iranian-American community stands out in terms of: ▫️ Education and Academic Achievement ▫️ Social Participation ▫️ Tax Payment and Law Abidance They are considered the top immigrants the U.S. has ever witnessed. According to two censuses conducted in 2010 and 2020, the population of Iranians living in the U.S. is 1.9 million, with 900,000 residing in California alone. Additionally, 20% of this population lives in Beverly Hills. The Iranian-American community is highly diverse in terms of religion, including Muslims, Baha'is, Armenian-Assyrian Christians, Zoroastrians, Jews, mystics, spiritualists, and humanists, among others. After California, the largest populations of Iranians are found in New York, Northern New Jersey, Washington State, Seattle, Boston, and Houston, Texas. An impressive 51% of Iranians hold degrees higher than a bachelor's, while this proportion is only 24% among the general U.S. population. One in every four Iranians holds a master's or doctoral degree, the highest rate among 67 ethnic groups in the U.S. According to the U.S. Department of Commerce, Iranians rank highest among the top 20 immigrant groups in terms of business ownership, contributing significantly to the U.S. economy. Nearly one in every two Iranian-American households has an annual income exceeding $100,000, compared to one in five for American households. MIT statistics show that Iranian professors, scientists, engineers, and professionals in the U.S. control or manage approximately one trillion dollars. They play a prominent role in various sectors of society. Currently, close to 15,000 doctors of Iranian origin practice in the U.S. Iranians are recognized as the most law-abiding ethnicity, with the lowest crime and conviction rates compared to other immigrant groups in U.S. history. Moreover, 12,000 full professors of Iranian origin teach and conduct research in U.S. universities and higher education institutions, making it nearly impossible to find a university or college without at least one Iranian-American professor. What is most notable is that 75% of Iranian professors teach at the top 200 U.S. universities (out of 4,000). This is a source of pride but also a cause of sorrow and regret!

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