Tivot Sandwich: Difference between revisions

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The Republic of Tivot is a member state of the UNAC and is thus subject to the laws of the UNAC insofar as these laws are applicable to it. Thus, it also accepts the jurisdiction of the ACJ. The legislative branch of Tivot consists of the elected National Senate. It passes laws which are in turn executed by the executive branch composed of the Chief Executive and other executive officials.
 
Tivot law shares many of the features of taxation, company and IP law described in the previous section (refer to the section on [[Tivot Sandwich|#Overview of taxation, company and property law |Overview of taxation, company and property law]] for more information). Tivot's corporate tax rates are some of the lowest in the UNAC and is one of the easiest countries in the UNAC to establish a company. Tivot also protects the privacy of juristic and natural persons, enabling juristic persons to conceal a lot of information about their internal operations, beneficial owners (natural persons who are the ultimate beneficiaries of the company) and financial transactions from the public and foreign governments. Furthermore, the government of Tivot tries to ask as little information from companies as possible.
==Mechanisms of the Tivot Sandwich==
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