Paradise Papers Leak

Discussion in 'Off Topic' started by Ricster, 6 Nov 2017.

  1. TCIB

    TCIB

    Joined:
    30 May 2011
    Occupation:
    Currently, netdev
    Location:
    Balls deep in the matrix
    1% bastard :-D

    lol, i hope he is perking up more now, hope your doing good Colin.

    Aye he probably decided when he knew the throne was not his "fuck it, i'll fill me boots". I wonder if security services have really had to cover any proper dodgy deeds they have been involved in up in modern times.
     
  2. blue b4 the moon

    blue b4 the moon

    Joined:
    25 Feb 2005
    Occupation:
    Recently became a man of leisure.
    Location:
    315 gold not platinum
    Don't even know why it's a news item let alone the lead......people with money take advantage of thier position, no matter what our thoughts or financial situation it's hardly surprising.
     
  3. babu2734

    babu2734

    Joined:
    7 Nov 2017
    Gender:
    Male
    The Scott Trust Ltd, the owner of the Guardian Media Group and thus of the Guardian, is NOT a "for profit . . . media business". Have a look at its Memorandum & Articles of Association,.which make it absolutely clear that it is a not-for-profit company.
     
  4. SWP's back

    SWP's back

    Joined:
    29 Jun 2009
    Location:
    by the pool
    It’s a de facto investment fund worth Three-quarters of a billion pounds which exists to underwrite Guardian losses.
     
  5. smudgedj

    smudgedj

    Joined:
    28 Jun 2009
    Gender:
    Male
    Location:
    São Paulo, Brazil
    I said the guardian itself was.
     
  6. gh_mcfc

    gh_mcfc

    Joined:
    11 Feb 2007
    Surely with all this Cayman Island stuff the Rags will be implicated soon or are they beyond questioning .. above the Queen.
     
  7. SWP's back

    SWP's back

    Joined:
    29 Jun 2009
    Location:
    by the pool
    Also worth pointing out that The Scott Trust Ltd isn’t a trust.
     
  8. KS55

    KS55

    Joined:
    14 Oct 2016
    Gender:
    Male
    OK fair enough. I don't think corporations are evil. Capitalism has lifted billions out of poverty. But, with globalisation has come opportunity for the unscrupulous. Those who avoid tax may do more damage than good, for example by applying predatory pricing to the detriment of their competitors who may go out of business, thus jobs lost. A recent study puts the UK loss to tax avoidance at 20 billion sterling per year. That' quite a wedge of hospitals, schools, social care and I, on a modest pension have to stump up the difference (not all by myself, natch) or else people lose services. Today's Grauniad has a few details.
     
  9. inbetween

    inbetween

    Joined:
    28 Jan 2010
    Location:
    N53.68 W02.71
    We have a lot of contractors here and all of them I guess will structure their 'business' to be tax efficient, my guess is this is also worth a lot of money to the tax pot but no-one seems to be bothered. There is plenty of information to structure yourself appropriately, it is all in the open domain and it's nothing new. This is just on another scale but in principle it is no different.

    It is is the same with tradesmen, they will always give you a discount for cash for some reason but I don't see cries on here from the moral authorities for that to be stopped.

    Given the chance I would hazard a guess that everyone will do everything they can to keep as much money as they can and only a minority handful will knowingly pay the full compliment where they are aware they can avoid doing so.

    Because of this, I don't really get the witch hunt on here to be honest because if the government outlawed all 'legal' tax avoidance it isn't just very rich people that will suffer that is for sure.

    As with most Corbyn-esque cries it is very easy to criticize something you don't understand and something that seems simple but when it inevitably affects your own wallet people soon change their tune.
     
  10. smudgedj

    smudgedj

    Joined:
    28 Jun 2009
    Gender:
    Male
    Location:
    São Paulo, Brazil
    The most selfless piece of tax avoidance in history. Alongside Bill Gates and Microsoft of course. However not the Queen even though she is a textbook definition of the very opposite of a tax avoider since she definitely pays tax she is not required too.
     

Share This Page