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In Contract law, as an exception to the principle of autonomy implicit in the policy of freedom of contract, the parties cannot agree to a voluntary agreement to evade obligations imposed by law or to prevent the courts from taking jurisdiction if a dispute arises.
Body shopping is the practice of consultancy firms recruiting workers (generally in the information technology sector) in order to contract their services out on a tactical short- to mid-term basis. IT services companies that practice body shopping assert that they provide real services (such as software development) rather than the "sham" of ...
Under UK insolvency law an insolvent company can enter into a company voluntary arrangement (CVA). The CVA is a form of composition, similar to the personal IVA (individual voluntary arrangement), where an insolvency procedure allows a company with debt problems or that is insolvent to reach a voluntary agreement with its business creditors regarding repayment of all, or part of its corporate ...
Merger and acquisition agreements, [1] joint venture agreements, real property lease agreements and several other categories of agreements often make use of a letter of intent. The capitalized form Letter of Intent may be used in legal writing, but only when referring to a specific document under discussion.
Evasion (ethics), a deceptive act; Evasion (law), to avoid government mandate through specious means (tax evasion, for example) Evasion (network security), techniques to by-pass network security devices; Evasion (numismatics), close copy of a coin with just enough deviation in design and/or legend to avoid violating counterfeit laws
The Internal Revenue Service has clarified this difference by saying: “Tax evasion is illegal … tax avoidance is perfectly legal.” With that in mind, here are the top three legal ways to ...
Negotiorum gestio ([nəˌgō.shē-ˈȯr-əm-ˈgestēˌō], Latin for "management of business") is a form of spontaneous voluntary agency in which an intervenor or intermeddler, the gestor, acts on behalf and for the benefit of a principal (dominus negotii), but without the latter's prior consent.
The IRS is cracking down on thousands of high-income Americans who haven’t filed their tax returns for several years — and have managed to dodge accountability until now.. The tax agency ...