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What happens if the debtor is in a process of judicial auction of assets during the seizure process in Brazil?
If the debtor is in the process of judicial auction of assets during the seizure process in Brazil, the sale of the seized assets is sought to satisfy the outstanding debt. Judicial auction is a form of forced execution in which seized assets are publicly auctioned to obtain funds that will be used to pay creditors. In this case, the seizure is part of the auction process and can influence the determination of the value and sale of the assets.
How is the Personal Income Tax declared in the Dominican Republic?
The Personal Income Tax in the Dominican Republic is declared annually. Taxpayers must complete the Annual Income Tax Sworn Declaration and submit it to the General Directorate of Internal Taxes (DGII). They must provide details about their income, allowable deductions, and other financial aspects. The tax calculation is based on a table of progressive rates, and taxpayers must pay the amount due by the filing deadline, which is usually March 31.
What is the situation of the rights of farm workers in Guatemala?
Farm workers in Guatemala face challenges such as labor exploitation, low wages, and lack of access to basic services, although there are efforts to promote their organization and defense of their rights.
What is the definition of hoarding in Brazil?
Brazil Hoarding in Brazil refers to the excessive and speculative accumulation of goods, especially food or basic necessities, with the purpose of controlling their supply and increasing their price in the market. Hoarding is considered an economic crime that harms the population. Penalties for hoarding may include fines and confiscation measures for accumulated assets.
What is the employment contract in the financial sector in Mexican commercial law
The employment contract in the financial sector in Mexican commercial law is one in which a person provides services in banking entities, insurance companies, brokerage firms or other financial institutions, under the supervision of an employer, in exchange for remuneration.
Can the landlord impose restrictions on the use of the property in a lease in Mexico?
The landlord may impose reasonable restrictions on the use of the property, such as prohibiting subletting or use for commercial purposes, as long as these restrictions are clearly specified in the contract. The tenant must respect these restrictions.
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