How to Be a Supportive Funder When the Economy is Down

 FMA recently presented a web seminar titled, How to Be a Supportive Funder When the Economy Is Down, sponsored by the San Diego Grantmakers & Southern California Grantmakers, which provided a snapshot and comparison of how grantmakers are addressing the current challenges nationwide. The seminar covered topics including the significance of the current economic environment, trends among funders’ responses, successful business models and modifications in the current environment, how to help grantees engage in scenario planning strategies and discussions of practical applications.

The 1 ½ hour webinar will cover the following topics:


• Uniqueness/significance of the current economic environment
• Trends among funders’ responses
• Successful business models in the current environment
• How to help grantees engage in Scenario Planning strategies
• “Making it Real” – discussion of practical applications

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To begin watching the on-demand web based seminar, please follow the directions below:

1. Follow the link: https://www.livemeeting.com/cc/fmaonline/view 

2. Fill out your name, the recording ID, and the Attendee key

Public Recording ID: 36HMFM
Public Attendee Key: Enter
This is a public invitation; you may post this information. 

3. Select the yellow View Recording Button

You will be taken to a screen that says “VIEW RECORDING”

4. Fill out your information and hit the yellow View Recording Button

5. Select the file to view. The high-fidelity presentation is a larger file and may take a few more moments to view. Please be patient, it may take a few moment to appear and you will hear a few seconds of music before the show starts. Enjoy the show!

Technical Difficulties? Please call Intercall’s Technical Service, 877-210-3577

If you are having any technical difficulty, please contact Intercall’s (our web seminar provider) technical service line or visit this link http://www.webconferencesupport.com/us/index.htm for assistance.

TAXATION IN DENMARK

1. INTRODUCTION
The Danish tax system comprises direct and indirect taxes. Direct taxes include income tax, while the principal indirect taxes include value added tax (VAT) and excise duties, which are charged on the import and sale of certain products, energy and raw materials and waste etc.
1.1 Principal taxes
The Danish corporate tax rate is 28% (2006) calculated on a flat basis.
The income taxes for individuals are national tax, municipal tax, county tax and church tax (for members of the Lutheran Church of Denmark). The national tax is calculated as a progressive tax divided into three brackets. The municipal, church and county taxes are calculated on a flat rate basis.
Further, social contributions to a labour market fond (8%) and a special pension contri-bution (1%) have to be paid. However, the pension contribution has been suspended for 2004-2007.
The marginal tax rate for individuals is up to 63% including social contributions
Apart from income taxation Denmark has taxes on capital gains, payrolls in VAT exempt businesses, real estates, home ownership, gifts and inheritance etc.
Denmark has duties on motor vehicles, spirits and tobacco products. Denmark also has levied taxes on carbon dioxin, energy, water consumption and waste disposal.
Stamp duties are only payable in respect of certain insurance documents. Registration duties are applicable in respect of title to land and mortgages. Registration duties are also imposed on acquisitions and legal charges on ships and aircrafts.
Denmark has special taxes on enterprises engaged in oil exploration and extraction and related activities and a special tonnage tax scheme.
Value added tax is levied at a rate of 25% (2006). Except for VAT exempt transactions there is no reduced rates in respect of certain products and services.
1.2 Main sources of law
The main source of Danish tax law is the statute of 1922 on Income Taxation to the State. However, during the last 85 years the Danish Parliament has adopted numerous acts, which make taxation in Denmark a very complex matter.

For more information concerning taxation in Denmark, please go to http://www.lexmundi.com/images/lexmundi/PDF/IntlTax/Denmark.pdf

The information in this post is intended for educational purposes only.  I take no intellectual credit for its reproduction on this site.

$16 Billion deficit for NY State

http://cityroom.blogs.nytimes.com/2009/03/24/state-budget-deficit-passes-16-billion/

$16 billion deficit in Denmark's Budget

http://www.forbes.com/feeds/afx/2009/08/25/afx6812778.html

New York City Budget