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Melih Oztalay

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Top Stories by Melih Oztalay

FATCA has been implemented, but it is not strong many groups still harboring strong political and legal animosity. FATCA is now legally in force, but the Treasury department is promising “to go easy” on enforcement for the first two years since delays and high costs leave many areas of the world still unable to fully comply with FATCA. FATCA has greatly increased global concern over the use of foreign accounts to evade government taxation, yet there is still conversation as to whether this is the correct solution to solve the problem or if it will just cause more damage to the United States and innocent, tax abiding Americans. Intergovernmental Agreements Before the implementation of FATCA there was a surge of countries entering into intergovernmental agreements (IGAs). Each country reached their own agreement with the Treasury. A huge benefit for count... (more)

No Blindfolds, Only a Porsche will do

The experience of driving a Porsche Sports car cannot be replicated Santa Barbara, CA July 2014 - You’ve seen the blind taste tests between one brand of soda and another. It can be hard to tell the difference between the two. You put a driver in a Porsche sports car and there is nothing that can replicate the feeling they get when driving. There is No Substitute Sixty-five years ago in an old garage, determination drove men to build a sports car unlike any before. To this day, nothing can replicate the feeling of your hands on the wheel, gas pedal down, soaring down the road... (more)

LinkedIn Marketing Series: Using LinkedIn Groups To Expand Your Reach To Prospects

LinkedIn groups is a place for professionals in the same industry or with similar interests to engage in a dialogue to share information, learn from each other, establish yourself as a subject matter expert and much more. The groups have become you can exchange and share experiences, business knowledge, interests and ideas with a broad variety of individuals from around the world. image Source: LinkedIn.com According to LinkedIn there are over 2 million groups covering a variety of topics and different industries from start-ups to manufacturing to plumbing and much more. You a... (more)

The Jackson Estate Continues to Tangle with the IRS

Almost five years after Michael Jackson’s untimely death there is still dispute over the estate taxes owed. Jeffrey S. Freeman, J.D., LL.M Nearly five years after his death, Michael Jackson is still making headlines, but not for his musical abilities. This time it is for a fight with the IRS over his estate. The IRS recently informed Jackson’s executors that the estate owes $505 million in taxes and an additional $197 million in penalties, all together totally over $702 million. At the time of Jackson’s death in June 2009 Jackson’s executors estimated his net worth to be $7 mill... (more)

Visit Santa Barbara Auto Group Online

At Santa Barbara Auto Group we are proud to be your destination for new and pre-owned luxury vehicles. Our website is updated constantly with new inventory and service information. Find out how you can get the most information out of our online site. Specials Depending on the season, holiday, or financial climate there is always a special available across our model line-up. This is a great place to find a unique certified pre-owned vehicle that has just come onto our lot or promotions on any of our new models. Easily look through the eight luxury brands and at a glance compare ... (more)