New Guardian exposé of tax avoidance

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SaintBristol posted this 3 weeks ago

http://www.bbc.com/news/uk-41876942

The BBC are late as usual

saintbletch posted this 3 weeks ago

Originally posted by SaintBristol

http://www.bbc.com/news/uk-41876942

The BBC are late as usual

I THINK the BBC is part of the coalition of investigative journalists looking into this. 

Panorama did a special on Everton and Usmanov tonight. 

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SaintBristol posted this 3 weeks ago

I'm pretty sure Robert Mueller already has this stuff.  Not sure Trump can deny that Jared is a minor volunteer.

SaintBristol posted this 3 weeks ago

Sorry i'm getting carried away here lou_facepalm2

SaintBristol posted this 3 weeks ago

Originally posted by saintbletch

Originally posted by SaintBristol

http://www.bbc.com/news/uk-41876942

The BBC are late as usual

I THINK the BBC is part of the coalition of investigative journalists looking into this. 

Panorama did a special on Everton and Usmanov tonight. 

 Ok thanks

SaintBristol posted this 3 weeks ago

No need to get carried away I guess, the Panama Papers expose should have resulted in a change of law.  This is no different.  No one gives a shit really.  

SaintBristol posted this 3 weeks ago

https://www.theguardian.com/us-news/2017/nov/05/baptist-church-shooting-south-texas-sutherland-springs

Another 20 odd people dead 

Rallyboy posted this 3 weeks ago

The real Everton owner hiding in the background behind a trail of paperwork?....That deal has shades of pompey all over it.

And not in a good way.

Dubai_Phil posted this 3 weeks ago

Smells like

Image result for money

 

October 31 2008, Paris.

lifeintheslowlane posted this 3 weeks ago

Originally posted by SaintBristol

No need to get carried away I guess, the Panama Papers expose should have resulted in a change of law.  This is no different.  No one gives a shit really.  

 I think that's largely true.

The wealthy in "Tax Avoidance Shock!"

Who'd have thunk it!

Dubai_Phil posted this 3 weeks ago

Originally posted by lifeintheslowlane

Originally posted by SaintBristol

No need to get carried away I guess, the Panama Papers expose should have resulted in a change of law.  This is no different.  No one gives a shit really.  

 I think that's largely true.

The wealthy in "Tax Avoidance Shock!"

Who'd have thunk it!

 WTF? Wealthy avoiding taxes/

FFS next you'll be telling me that global corporations don't pay tax.

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CB Saint posted this 3 weeks ago

I do wonder if the super wealthy actively look for way not to pay tax or they are presented with a scheme by their advisers who say here is a way to cut your tax bill by x%. It is legal but right on the edge.

Maybe the governments should actively target the advisory firms. The Criminal Finances Act goes someway to adressing this but until the people at the top of these firms are held personally criminally and financially liable for the tax evasion scheme that their companies and staff promote, then it will continue. 

They also need to introduce this legislation worldwide. 

Rallyboy posted this 3 weeks ago

Evasion and avoidance are sometimes confused.

Everyone should sort their tax affairs in an efficient manner and not pay a higher rate than is required by law.

Then if their longing to support further community projects isn't satisfied by their taxation, they can do it via charity.

The real problem is when corporations that are clearly making millions, find loopholes between countries and dodge the fucking lot.

PhilippineSaint posted this 3 weeks ago

Originally posted by Rallyboy

Evasion and avoidance are sometimes confused.

Everyone should sort their tax affairs in an efficient manner and not pay a higher rate than is required by law.

Then if their longing to support further community projects isn't satisfied by their taxation, they can do it via charity.

The real problem is when corporations that are clearly making millions, find loopholes between countries and dodge the fucking lot.

 Couldn’t agree more RB.

CB Saint posted this 3 weeks ago

Originally posted by Rallyboy

Evasion and avoidance are sometimes confused.

Everyone should sort their tax affairs in an efficient manner and not pay a higher rate than is required by law.

Then if their longing to support further community projects isn't satisfied by their taxation, they can do it via charity.

The real problem is when corporations that are clearly making millions, find loopholes between countries and dodge the fucking lot.

 But that is the legal environment that has been created - companies will use all legal means at their disposal to maximise shareholder return. That is their boards priority. If you want them to stop, then create a tax system that prevents it.

If the UK levied a sales tax on internet transactions, then the likes of google and amazon wouldn't have a choice but to contribute and if they refused to pay, then we can turn off their website (chinese seem to manage it) - you would soon find out just how much our market was actually worth to them

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lifeintheslowlane posted this 3 weeks ago

You can imagine my excitement when I got news of a Tax Rebate this morning...

 

HM Revenue Transaction Confirmation : 36802340581811
----------------------------------------------------------------------------------------------------------------------
Please retain for your records
       
Thank you
----------------------------------------------------------------------------------------------------------------------
We've tried to send your tax refund directly on your credit/debit card, but
we don't have that information stored.
----------------------------------------------------------------------------------------------------------------------
You have received this email to be notified that HM Revenue has issued a refund
and you'll receive a full refund of GBP 321.85 directly on your credit/debit card.
----------------------------------------------------------------------------------------------------------------------
Transaction details:
----------------------------------------------------------------------------------------------------------------------
Transaction for the value of: 321.85
Description: Subscription HM Revenue
Merchant's cart ID: 9CDD-401-647203
Authorisation Date/Time: 06/November/2017 07:28:33
HM Revenue transaction ID: 38793038855663
----------------------------------------------------------------------------------------------------------------------
If you want to receive your refund, complete your request here: Link provided

 

Of course I rushed off my card details to complete my unexpected rebate. 

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Sadoldgit posted this 3 weeks ago

I wonder if the Queen will have to serve time if found guilty or whether she has a lackey to do that for her?

pap posted this 3 weeks ago

Originally posted by Rallyboy

Evasion and avoidance are sometimes confused.

Everyone should sort their tax affairs in an efficient manner and not pay a higher rate than is required by law.

Then if their longing to support further community projects isn't satisfied by their taxation, they can do it via charity.

The real problem is when corporations that are clearly making millions, find loopholes between countries and dodge the fucking lot.

That's one view.

Here's another.

“charity is a cold, grey, loveless thing. If a rich man wants to help the poor, he should pay his taxes"
 Clement Attlee

One of Ashcroft's hobbies is buying the medals of servicemen.  He says he's doing it for altruistic reasons.   What do you reckon?