Native American Trading Corporation BUSINESS INCENTIVES OPPORTUNITIES

Transcription

1 Native American Trading Corporation BUSINESS INCENTIVES OPPORTUNITIES Incentives for Economic Development On American Indian Trust Lands: An Investment Perspective The Business Incentives proposed by Native American Trading Corporation contains: Business and Tribal Incentives Tax Advantage Opportunities Sovereign Immunity Issues Proposed Vendor Sites Project investment in such vital components as: land, construction and technology receives values considerations from participating Tribal Governments associated with Tribal Enterprises. There are no land costs; all construction costs can be deferred through a lease back formula between NATC and the Indian Reservation in conjunction with the investment group. Native American Trading Corporation (NATC) acts as the manager of introduction between the international interests and the pre-selected tribal governments in the areas of their business interests, including but not limited to joint ventures, tribal enterprises, and dedicated suppliers, management agreements, build to suit (lease back) and equity stock participation. Working with the Native American Trading Corporation in cooperation with pre-selected Native American Reservations DOES NOT need any extraordinary legislative chartered rights for new business projects. NATC will secure the resolutions for such projects from the sovereign business councils of the reservations selected. NATC will show how working in cooperation with our proposal that certain benefits such as NO levied tax withholding, federal and state and other associated tax remittance is waived by operating through the legal structure of Native American Trading Corporation. Doing business on the Reservation becomes very appealing to investors and vendors. NATC will formally educate investors and partners how tribal incentives to private tribal enterprises affect duty free requirements from local governments. Briefly, some of the investment incentives that can be realized and provided by selected Indian Governments through its legal infrastructure are as follows (these are not all inclusive): State and City sales tax exemption State and Corporation income tax exemption No inventory tax on goods held for resale or in stock State tax exemption for machinery and equipment used directly in the manufacturing process, including replacement parts Property which is held in trust by the United States for the benefit of any Indian Reservation is exempt from State and Ad Valorem taxes on land and buildings as a mater of federal law

2 The selected Reservations NATC will select have industrial parks available for easy access and development Some Reservations can be named grantee for federal-purpose foreign trade zones (FTZ) if needed Reservations can and have developed its own Environmental Protection Agency (EPA) requirements and issue the necessary EPA licenses and permits for projects on site NATC can help structure product liability ordinances to cap product liability for manufacturing concerns that need this type of additional protection NATC can help self-insure, thereby providing an opportunity for business and industry to save money by precluding participation in state employment insurance and workers compensation programs Project tax on profit, surtax, local tax and business tax, etc. are proven to be exempt from beginning to end of project Any project developed by NATC will always use the infrastructure, water, electricity, gas and other items and materials from the reservation and DOES NOT need local government approval Indian ownership is NOT required to receive tax incentives upon relocating to the selected jurisdictional land. Your company can take advantage of the following: 1. Indian Employment Tax Credit: This is a tax credit, in some cases, up to $4000 per employee per year on enrolled members (or spouses) of a federally recognized Indian Tribe or Tribal Enterprise 2. Accelerated depreciation for property located on Indian Reservations: IRC Section 168 (j) provides for faster depreciation write-offs TAX ADVANTAGE OPPORTUNITITES Tax Exempt Financing: Under the Tribal Tax Status Act of 1910, interest earned on any loan to a federally recognized Tribe of American Indians is TAX-EXEMPT. If a company plans to finance a site and add site improvements, buildings, equipment and fixed inventories, simply LOAN the same amount to the selected partnership of NATC and the Indian Reservation. In turn, the tribe will use the funds to custom build your facility using your preferred architect, contractor and inspector to prepare the site, build the building, install the equipment and fixtures, add the allowable fixed inventories, etc. When it is completed, the keys will be turned over to your company. The Tribal partnership will then lease the entire facility back to your company at the same rate and terms as the debt services on the loan. Your company can charge the lease costs as an operation expense, moreover, get back the original investment, all with taxexempt interest. The lease contract will be irrevocable due to approval by the Secretary of the Interior and the loan repayment/lease payment collections will be manned by a lock-box agreement at the participating Trust Department, under the regulatory authority of the Comptroller of the Currency. The entire contract will be subject to the Indian Reservation Corporate waiver of sovereign immunity from legal suit and mutual agreement on federal or tribal court jurisdiction-one or both, it s your choice. Tax structure regulation will not allow the purchase of a tax-exempt bond to an entity that would be benefiting party. However, your company would not be the benefiting party since the Indian Partnership will own the site, building and equipment and will be the party receiving a lease payment schedule. Native American Trading Corporation can utilize the operating expertise of a successful Indian owned bank that is capable and experienced in such business partnerships. Native American Trading Corporation is ready and able to introduce and provide your company with an entrepreneurial business plan to meet your corporate needs and financial resources.

3 AMERICAN INDIANS BUSINESS PARTNERS FOR THE FUTURE STATUS OF AMERICAN INDIANS TODAY INDIANS: are the original Americans, there are approximately 2 million living in the USA today, half living on the Reservation and half living off the Reservation; RESERVATONS: are sovereign land bases and communities over which the Indians have control. Indians may choose whether they live on or off the reservation; SOVEREIGNTY: is limited to te reservation and is exercised by Tribal Governments in respect to most Reservation affairs and in respect to the disposition of the Federal aid; INDIAN TRIBES: are distinct political entities with executive, legislative, and judicial powers; TRIBAL MEMBES: are citizens of the USA and of their tribal nations; TRIBAL CONSTITIUTIONS: date as far back as 1830, most tribes have them; LEGAL, CONTRACTUAL, ADMINISTRATIVE: responsibilities are assumed by tribal governments; FEDERAL GOBERNMENT ASSITANCE: to tribes is on the same basis that States and local government receive payments and subsidies for projects and services; THE FEDERAL-INDIAN TRUST: this relationship is one of the most important concepts underlying Indian Law requiring that the U.S. Government protect & enhance Indian resources and to provide economic and social programs which contribute to the well being of Indians; INDIAN INDIVIDUALS: are recipients of benefits accorded under the trust relationship, whether the individual is living on or off the Reservation. WHY INDIAN RESERVATIONS MAKE GOOD OFFSHORE MANUFACTURING SITES FOR FOREIGN AND OUTSIDE INVESORS STATUS OF THE RESERVATIONS IN AMERICAN LAW: the reservation can be compared to an Export Processing Zone, in that it represents an autonomous region within the USA wherein Tribal law can stipulate the exemption from State taxes and from other laws which otherwise exist in the State, the net being a cost savings to the investor; SOVEREIGNTY: the impact of the Tribe s sovereign status to the investor is that the tribe is in a position to make deals with investor which exempt the investment from certain requirements such as STATE TAED; STATE LICENSES FEES AND CERTAIN STATE/FEDERAL REGULATON. COST SAVINGS ON THE RESERVATION: as the tribe has access to special Federal and State benefits, these can be passed onto the investor to lower the costs of the investment on the reservation. In additional, actual operating costs are lower on the Reservation and labor wages are not dictated by the union. 10 GOOD REASONS WHY INVESTORS SHOULD CONSIDER MANUFACTURING ON INDIAN RESERVATIONS IN AMERICA 1. EXEPMTION FROM STATE TAXES: most tribes are exempt from paying State taxes, and in some cases, this benefit can be passed onto the outside investor manufacturing on the Reservation; 2. LOWER COSTS: most services and infrastructure are offered at a lower cost on the Reservation; 3. FAVORABLE LABOR RELATIONS: most tribes do not have unions on the Reservation, as positive relations are often facilitated by the tribe; 4. BUSINESS SPIN-OFFS: retail sales on the Reservation, and abundant sales opportunities within the community near the reservations; 5. USA MARKET ACCESS: goods assembled on the Reservation can create Made in the USA products; 6. CONSUMER PERFERENCE: goods manufactured in the Reservation and /or in partnership with Indian firms quality for U.S. Government Buying Preferences and can create a greater demand in the general buying public; 7. REDUCTION OF BUREAUCRACY: the investor s deal is with the tribe and not with the State; many business factors are negotiable; 8. BUSINESS PARTNERSHIPS: Indian firms can make good partners because of their access to special grants from the U.S. Government; 9. UNEXPLORED BUSINESS POTENTIAL: outside investment on the Reservation is largely unexplored territory, with all the potential relating thereto; 10. FUTURE GROWTH: business development on Indian Reservations will be the wave of the future and investors today can get in on the ground floor. In the future many tribes will have Foreign Trade Zones which will facilitate foreign investor business activity.

4 WHAT IS NATIVE AMERCIAN TRADING CORPORATION? NATC is a Minority Owned Small Business that has been a certified Indian Owned enterprise since It is entitled by mandated federal government enactments to preferences and setasides under the Buy Indian Act and other passed legislation. NATC offers entrepreneurial expertise in International sales, direct open markets and federal acquisition markets. NATC works with International and Domestic firms as management facilitators to their specific corporate product marketing, assisting in over-all trade development. Rather than invest and risk substantial capital to compete against existing industries, or compete head-on with domestic manufacturers, NATC works directly with domestic and foreign companies. NATC works in concert to bring these specialized technologies and products which can be researched, manufactured and developed on federally recognized Native American Reservations with companies seeking a preferential partner. Headquartered in Montana s capital city, Helena, NATC has established numerous high-tech affiliations throughout the world to explore and share our legislative preferences in a mutually beneficial manner. NATC arranges partnerships through its management division to better tap into new global markets to help bring new concepts, new technologies, new innovations to alleviate stagnant international settings. NATC is opening new economic vistas for those international firms that want to introduce their products or services in more of a competitive edge manner. Products, in the area of telecommunications, multimedia, traditional medicines, herbs and spices, commercial fragrances and cosmetics, medical and hospital equipment, agricultural products, natureceuticals, products wholesaling, private product labeling, federal government solicitations, merchandise malls, educations systems, etc., all located on pre-selected Indian Reservations. These are just a few of the many innovative markets NATC can introduce and manage through dual partnerships with its clientele, directly enhancing the community, antiona and international economic chain.

5 NATIVE AMERICAN TRADING CORPORATION FACT SHEET OFFICE OF GOVERNMENT CONTRACTING The federal regulation provide new procurement preferences for Small Disadvantages Businesses (SDBs) of which Native American Trading Corporation is qualified, including price evaluation adjustments up to ten (10) for SDBs bidding as prime contractors. The regulations also provide preferences for large businesses that use SDBs subcontractors. The Office of Government Contracting and Minority Enterprise Development will administer the new SDB Certification and Eligibility Program GOVERNMENT WIDE. The greatest benefit of the program is that small firms can successfully participate in restricted competition contracts and can negotiate sole-source contracts on a limited basis. In addition, HUBZone firms are eligible for a 10 percent price evaluation preference when bidding against large businesses in full and open competition, 8 (a) firms that are currently located in HUBZone, or that relocate, will qualify form contraction opportunities under BOTH programs. Every federally recognized Native American reservation is a HUBZone.

6 NATIVE AMERICAN TRADING CORPORTATON UNITED STATES CODE BENEIFTS Title 25, SEC 47 USC. The Employment of Indian labor and purchase of products of Indian industry. So far as may be practicable Indian labor shall be employed, and purchases of the products (including, but not limited to printing, not withstanding any other law) of Indian Industry may be made in open market in the discretion of the Secretary of Interior. CFR 25 federal code. INDIAN SELF-DETERMINATION AND SELF GOVERNANCE A primary responsibilities that the United State Federal Government has is fulfilling its Constitutional based trust obligations and facilitating corporate tribal and individual selfdetermination. FEERAL MISSION STATEMENT To fulfill trust responsibilities and promote self-determination on behalf of tribal governments, Indian individuals, and Alaskan Natives. LAW The Self-Determination and Education Assistance Act of 1974 (Public Law , as amended). ECONOMIC DEVELOPMENT The federal government provides financial assistance to American Indian tribes, Native Alaskan groups, and individuals for the establishment, acquisition or expansion of business enterprises on or near American Indian reservations. Financial assistance is made available through the Indian Loan Guaranty Program, Indian Direct Loan Program, Indian Development Grant Program, and management and technical assistance grants, which are authorized by the Indian Financing Act of 1974 (P.L ).

7 FEDERAL ACQUISITION POLICIES NATC: Federal Acquisition policies encourage federal agencies to award certain percentages of their contracts to Small Disadvantaged Businesses (SDBs). To speed up the award process, Memorandums of Understanding (MOUs) with 23 federal agencies allowing them to contract directly with certified firms such as NATC. Recent changes permit 8(a) firms to form joint ventures and teams to bid on federal contracts. This enhances the ability of 8(a) firms to perform larger prime contracts. Qualified enterprises are also eligible for assistance in obtaining access to surplus to government property and supplies. In addition, the SBA has programs for guaranteed loans and bonding assistance. IMPLEMENTATION OF MOUs: FEDERAL AGENCIES WITH AGREEMENTS Department of Defense Department of Transportation Department of Health and Human Services Department of Education Office of Personnel Management Department of Commerce Federal Emergency Management Administration National Aeronautical and Space Administration United States Information Agency General Services Administration Department of State Department of Interior Social Security Administration Veterans Administration National Archives Consumer Products Safety Commission Department of Agriculture Department of Justice Department of Housing and Urban Development *THIS IS A MULTI-BILLION DOLLAR MARKET WAITING UPON OUR MERGED INTERNATIONAL PARTNERSHIPS