woody2 Posted July 30, 2015 Share Posted July 30, 2015 worth a read http://www.bbc.co.uk/news/business-33628020 i wonder if the usa will come after the rock? Link to comment Share on other sites More sharing options...
woolley Posted July 30, 2015 Share Posted July 30, 2015 Interesting read. Even Murphy makes some good points for a change. As for the USA, they should sort out Delaware before they point the finger elsewhere. I've always believed in country by country reporting and taxation for multi-nationals. You trade here, you pay tax here on that business before any artificial upstreaming. Don't like it? Don't trade here. Link to comment Share on other sites More sharing options...
Max Power Posted July 30, 2015 Share Posted July 30, 2015 I thought Jamie White's comments and observations were quite valid too. Link to comment Share on other sites More sharing options...
spook Posted July 30, 2015 Share Posted July 30, 2015 worth a read http://www.bbc.co.uk/news/business-33628020 i wonder if the usa will come after the rock? As certain as night follows day, and the USA will by no means be alone. Link to comment Share on other sites More sharing options...
woolley Posted July 30, 2015 Share Posted July 30, 2015 Come after the rock for what, exactly? Link to comment Share on other sites More sharing options...
Tarne Posted July 30, 2015 Share Posted July 30, 2015 Why do tax havens still exist? There are numerous reasons. One of which is to legally transfer money/technology to parties that your home country can't be party too. Another is to have a safe haven where your money can't really be touched if your home government is corrupt and raiding banks. Either way, a lot of it is legal. Tax havens exist because they are generally small self governing areas that want to bring money in and have the ability to offer things bigger countries can't. Link to comment Share on other sites More sharing options...
spook Posted July 30, 2015 Share Posted July 30, 2015 Come after the rock for what, exactly? Providing a tax shelter for people who should be paying US taxes. Link to comment Share on other sites More sharing options...
rmanx Posted July 30, 2015 Share Posted July 30, 2015 Come after the rock for what, exactly? Providing a tax shelter for people who should be paying US taxes. Like Delaware or the Caymans or the City of London? Link to comment Share on other sites More sharing options...
Bobbie Bobster Posted July 30, 2015 Share Posted July 30, 2015 I wonder does spook post frequently on DelawareForums? Link to comment Share on other sites More sharing options...
woolley Posted July 30, 2015 Share Posted July 30, 2015 Lately he seems to be turning into the grim reaper. Link to comment Share on other sites More sharing options...
notwell Posted July 30, 2015 Share Posted July 30, 2015 Come after the rock for what, exactly? Providing a tax shelter for people who should be paying US taxes. Like Delaware or the Caymans or the City of London? You'll have trouble with Spook because he is delusional. The Cayman Islands holds more money than all the offshore "tax havens" added together. The USA really couldn't give a shit about the Isle of Man. a huge percentage of the money they were looking for was stashed in Switzerland and as you say they should start in Delaware. There is very little money for US based US nationals lurking in the Isle of Man. And Richard Murphy is a prick who should change the outdated and boring record. Link to comment Share on other sites More sharing options...
woolley Posted July 30, 2015 Share Posted July 30, 2015 Doesn't matter if a US national is US based. If you have the passport they want the tax dollar wherever you are. As Boris found out. http://www.theatlantic.com/international/archive/2015/02/boris-Johnson-renounces-us-citizenship-tax-bill-mayor-london/385554/ Link to comment Share on other sites More sharing options...
Lagman Posted July 30, 2015 Share Posted July 30, 2015 Are Guernsey still in the dog house? - http://www.bbc.co.uk/news/world-europe-guernsey-33181401 http://www.bbc.co.uk/news/world-europe-guernsey-33718382 Link to comment Share on other sites More sharing options...
Albert Tatlock Posted July 30, 2015 Share Posted July 30, 2015 Doesn't matter if a US national is US based. If you have the passport they want the tax dollar wherever you are. As Boris found out. http://www.theatlantic.com/international/archive/2015/02/boris-Johnson-renounces-us-citizenship-tax-bill-mayor-london/385554/ We should sell citizenship packages. Link to comment Share on other sites More sharing options...
Albert Tatlock Posted July 30, 2015 Share Posted July 30, 2015 ...and tax Americans who stay here the proportion of days of the year from their income. Link to comment Share on other sites More sharing options...
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