The operator is based on the “no gain no loss” principle. The role is not remunerated and the operator must not benefit from his role. However, the operator should not be worse off when playing his role. As a general rule, the parties (including the operator, although in its capacity as a co-venturer) are responsible for the costs of all activities carried out by the operator in relation to their respective interests. If you are taxed on all of your taxable income with the basic tax rate, you pay CGT up to 10% (or 18% if the asset transferred is residential property) on all capital gains that fall within the base band. It is not the amount of money you receive for the asset, but the profit you will reach that is taxed. If the asset you inherited increases in value between the date of death of the deceased and the date you dispose of it, the increase is a capital gain. If the transfers take place after a court order, the date of the transfer for capital gains tax purposes is the date of the court order, unless the court order precedes the date of the absolute order, in which case the date of the absolute order is the date of coming into force. What happens if the trader tries to use his position to his advantage or to put his own interests first? For example, the operator alone has the right to negotiate with the regulatory authority, the government and third parties; it may have other interests in that country and accept negotiating terms or enter into agreements that are not in the interest of all parties to obtain benefits for their other operations.
Although this is a clear violation of the principle of “no profit without loss”, what are the remedies of non-operators? At first, organizations are often reluctant to take on some of the risk, especially when they are used to fixed-cost contracts. Ignoring the ability to use target costs means not only accepting higher costs than necessary, but also missing the opportunity to work with the supply base to extract innovation, move forward and get ahead, gain competitive advantages and create added value across the company. The transfer of assets between spouses or life partners is carried out on the basis of “no profit/loss”. . . .
