capital gains tax

Our capital structuring products are designed to improve the capital balance sheet gains or income statement of a corporation. The principal products are partnership finance, preferred or preference stock, hybrid securities and investment funds. The issuers of these products will obtain EITHER LOW COST EQUITY OR DEBT WHILE THE INVESTOR ACQUIRES tax low risk and sometimes tax efficient investment income. Investors may well come from a different jurisdiction than the issuer, and the transactions capital are privately placed in order to provide greater flexibility to both parties should circumstances change. Asset Finance provides services to lessors and lessees of major pieces or pools of equipment globally ($50 million or more). Since many jurisdictions in the world provide incentives to owners of equipment to acquire new or used assets, users of equipment can gain financial benefit in terms of a lower lease rate if they subject these assets to a lease. Due to the acceleration of depreciation for tax purposes, the owner of the equipment is prepared to reduce the rental. By making an assumption about the cost of purchasing the equipment at the end of the lease, the lessee can calculate the net present value of the benefit which is being passed.

Most of the leases are for a substantial part of the equipment''s useful life, and therefore the lessee needs to be very credit-worthy. Often the lessor will be in different jurisdictions than the lessee, and Citicorp will determine the optimum jurisdiction after taking into consideration the tax impact on the lessee of entering into the transaction. Principal investor jurisdictions include the U.S., Germany, Japan, the U.K. and France. Since leases are treated in many countries as off balance sheet finance, Citicorp gains has also designed some shorter term lease tax and capital structures which we intended to be treated as leases for accounting gains purposes, tax but may be loans for tax purposes. capital Such leases allow a company to raise 100% finance, gains pay low rentals and have an option to acquire the equipment in the future at a predetermined price. This will result in an improvement in the income statement without a balance tax sheet impact. There will be some disclosure of lease rates which rating agencies will use to increase liabilities.

Emerging economies'' growth and industrialized economies'' needs capital for infrastructure upgrades have gains created substantial financing needs for power plants, telecommunications networks, oil and gas development, mines, water treatment facilities, toll roads, and airports. Citibank and Salomon Smith Barney help project tax sponsors obtain funding capital (often non-recourse) on the basis of future project revenues. We offer clients advice, loans, bonds, export credit, and multilateral agency financing, as well as local currency financing, foreign exchange, and cash gains management. We are leaders in the developed world as well as tax the emerging markets. We are a leading global advisor and underwriter of commercial mortgage-backed securities. We focus on loan trading, lending, sale-leasebacks, equity placement and sales advisory. Internationally, we are a leading CMBS provider, structuring unique financial solutions for complex real estate transactions.Securitization offers you capital a strategic funding alternative by enabling you to turn assets with predictable cash flows into a capital source, thereby restructuring your risk profile, obtaining a cash infusion, and perhaps reducing your capital requirements gains by removing the assets tax from the balance sheet.