It is regrettable how certain public figures among us invest

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However, due to the absurdity of such a thesis, it has been practically dismissed by the copious and almost uniform case law of both State Courts and the Federal Supreme Court, which has struck down and rejected as inadmissible, illegal and even unconstitutional the collection of the tax in that case, thus rendering the provision established for that purpose ineffective, and in fact, in the Federal District, such tax has just been abolished by Article 22 of the Federal Constitution. 38, no. III, of municipal law no. 820, of 7/22/55.

11. The accusation that bearer shares are used to mask bulk sms cyprus trafficking and inaccurate declarations of assets can also be levelled at registered shares, through the use of “front men” and other means, since, as J. GIRÓN TENA points out, “there are many procedures (front men, blank transfers, etc.) that make measures against bearer shares ineffective and disruptive” . 25

The issue in England, the United States, France and Italy
12. Regarding the circumstance that there are no bearer shares in the United States of America and England, the argument can, superiorly and amply, be answered with the words of the eminent deputy ALBERTO DEODATO:

“The English example always comes to support opposing arguments. The assertion of some, little versed in the matter, that in England all titles are nominative is not true. Bearer titles have existed there since 1867.”

“If, in fact, the common thing is the nominative title, the fact is not linked to fiscal reasons, but, as BANDOT rightly says, to historical and legal reasons, on the one hand, and to the distribution of wealth and the English temperament, on the other hand”.