Legalization - what is it? Legalization of documents and income

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

There are quite a lot of different processes in this world that are beyond the bounds of what is permitted by law. What do they do in such cases? The correct answer is that they carry out such a procedure as legalization. How does this process take place?

Legalization - what is it?

First of all, you should decide on the terminology. Legalization (legitimization) is understood as official recognition by the state or giving legal force to something. It should be noted that it is often accompanied by the decriminalization of some actions.

Legalization of documents

What is this? This term is understood as a series of actions that must be performed in order for it to become legally binding. Consider the example of the state. The State Duma adopts a law according to a certain procedure. Then it is passed on, and the president can reject it if something does not suit him. If he is satisfied, he signs the law, and it is published. From the moment of publication (or immediately in some cases) it comes into force. This is the path an ordinary document takes until it is legalized as law.

Legitimization of documents on the example of an enterprise

You can bring quite a lotsimilar examples. Another option: when the director of the enterprise signs something, then the documents are legalized. What is it, we have already found out, let's move on to money.

Money Laundering

But the most interesting for you is probably the legalization of criminal proceeds. It involves the laundering of money for their subsequent use for completely legitimate purposes. Only those entities that are engaged in illegal activities or hide part of their income from the state use money laundering. But not everything turns out as easy as you want. Opposition to legalization is quite large; there are many instances and bodies to combat fraudsters. They collect and analyze information of interest.

Money Laundering Schemes

But how does money laundering actually work? There are quite a few different opportunities that allow you to whiten the income received. It is not possible to consider them all due to the enormous ingenuity and resourcefulness that criminals show. But still, several schemes will be considered within the framework of this article:

1. Working with offshore companies. This action is very popular among representatives of large businesses. Its mechanism lies in the fact that states and offshore countries have tax treaties. They state that money that is related to both one and the other party to the agreement (thanks to the firm,valid in both countries) may only be taxed once. And everything is done, of course, where the interest rate is lower. But it's more of a tax evasion. How are things actually with legalization? When money is illegally withdrawn from the country and credited to the account of a company registered offshore in order to somehow return to the original owner in the future, this is laundering.
2. Working with real estate with the participation of figureheads. This scheme provides that nominees (usually citizens of another state) buy real estate. Then they give it to the criminals, who quickly sell it and receive clean and legal money, actually received already legally.
3. Working with shell companies. This scheme provides for the creation of fake companies for one day, which disappear immediately after completing their tasks.
4. Schemes with earnings in other countries. They provide for going abroad and returning with amounts of money that are indicated as earned there. Fake documents on earnings and payment of tax in the territory of another country serve as confirmation.

We have already received the basic information and we know what legalization is. What is it from other points of view? Does it always mean something negative?

What other types of legalizations exist?

Can anything else be said about such a process as legalization? What is it from a different point of view? We have already figured out whatlegalization, what it is in practice and in what manifestations it is most common. Now let's talk about what can fall under this definition:

1. Legalization of drugs. Recognition that the use, possession, production and transfer to others of all or only some drugs is not a crime. Examples of this can be seen in Holland or parts of the United States of America.
2. Legalization of pornography. It implies the removal of any restrictions on the distribution of products of such content.
3. Legalization of software. Deciding to stop using "pirated" software and switch to official programs.
4. Legalization of mate. Yes, there is even such a thing. The process implies the recognition that all obscene words are part of a certain language, and therefore, they are no different from the usual literary speech.
5. Legalization of prostitution. It implies a rejection of the administrative and criminal prosecution of persons who are involved in prostitution. Legalization can be partial or complete. Thus, prostitutes themselves can be exempted from persecution, but brothel owners, pimps, recruiters and similar persons who are involved in criminal activities are being criminalized.
6. Legalization of same-sex marriages. Includes recognition that people of the same sex can legally tie the knot.
7. Legalization of weapons. This includes the recognition of the right of citizens to possess edged weapons or firearms,and also use it. There are a number of nuances here - for example, it may be allowed to carry pistols, but at the same time it is forbidden to have machine guns. Or you can wear anything, but only hidden.
8. Legalization of alcohol. This is the name given to the processes of repeal of dry laws in a number of countries.
9. Legalization of migration. Beneath this, granting foreign citizens the right to work, live, receive medical services and so on.
10. Legalization of gambling establishments. Recognition that they are a legitimate form of leisure for citizens of the state.