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Financial disclosure of public servants (asset declaration) is a disclosure of financial information by public servants. It is a requirement of the United Nations Convention against Corruption (UNCAC).
A Statement of Assets, Liabilities, and Net Worth (SALN) [1] [2] is an annual document that all de jure government workers in the Philippines, whether regular or temporary, must complete and submit attesting under oath to their total assets and liabilities, including businesses and financial interests, that make up their net worth. [3]
MD&A typically describes the corporation's liquidity position, capital resources, [8] results of its operations, underlying causes of material changes in financial statement items (such as asset impairment and restructuring charges), events of unusual or infrequent nature (such as mergers and acquisitions or share buybacks), positive and ...
[3] [4] While asset declaration was Rp 4,855 trillion from 956 thousands tax payers. [27] The result is very successful. It is a new world record that tumbles 2009 Italy tax amnesty program with Rp 1,179 trillion and repatriated Rp 59 trillion.
KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy on Tuesday vetoed a parliamentary bill that sought to retain closed asset declarations for officials. Parliament voted last week to restore ...
The declaration may be used in connection with matters of law, including judicial proceedings, but what weight is given to the declaration is a matter for the judge to decide. Statutory declarations must be made in a prescribed form and witnessed by a person as specified in the Statutory Declarations Regulations 2023.
Parliament voted on Tuesday to restore the declaration rule, which was suspended after Russia's 2022 invasion as a security precaution, but - in a key loophole - to keep the disclosures closed to ...
There are jurisdictions of sovereign nation states that require declaration of the taxpayer's balance sheet (assets and liabilities), and from that ask for a tax on net worth (assets minus liabilities), as a percentage of the net worth, or a percentage of the net worth exceeding a certain level.