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Not a tax haven.


IOMRS97

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The question is Barrie, what credibility would the likes of the BVI and Cayman have if they didn't have British sovereignty? None at all. Let's face it. The system has been set up by the rich and powerful for the benefit of the rich and powerful, and they want it within their control. The whole "tax haven" issue is not the islands vs the large countries. It is simply portrayed that way for expediency. In reality it is the rich and powerful vs the rest and the real issue is about how long they can hold the line. The islands are just the whores scraping a living off the crumbs that fall from the rich man's table.

+1. Succinct. Just useful constitutions that lend themselves to avoidance and otherwise and have been taken advantage of. But has the "arse now been kicked out of it"?

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woolley

 

I think that every work is a gem. The whole posting is bang on.

 

Thanks for your insight

All the more reason to sacrifice the CI and IOM by that I think they mean not interfering with internal taxation but where it serves to digress from UK tax laws and thus rob the UK taxman. Wooley has written with sentiment...I am observing the fall of shot!

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The question is Barrie, what credibility would the likes of the BVI and Cayman have if they didn't have British sovereignty? None at all. Let's face it. The system has been set up by the rich and powerful for the benefit of the rich and powerful, and they want it within their control. The whole "tax haven" issue is not the islands vs the large countries. It is simply portrayed that way for expediency. In reality it is the rich and powerful vs the rest and the real issue is about how long they can hold the line. The islands are just the whores scraping a living off the crumbs that fall from the rich man's table.

+1. Succinct. Just useful constitutions that lend themselves to avoidance and otherwise and have been taken advantage of. But has the "arse now been kicked out of it"?

 

 

And what of Nevada?

 

And the latest one to join the club once it gets its independence, Scotland?

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I'd rather full independence than kowtow to England.

You would not kowtow to England. Why do people always aay England and English Government when there is no such thing? It is UK (For the time being!)...I mean you kowtow now as all your laws must be approved by the powers that be in London and the Island is told behind the scenes just how far it can go..

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You used to be able to go into the Companies Registry when it was on Bucks Road and look up such as directors' names etc.

 

You can't do that anymore.

 

The Isle of Man has become more secretive in this respect.

That isn't true.

You can go online and get any of that information.

 

 

Not true back to you.

 

Online (same as going into the registry) You can search by company name or company number. Ok, from there you can get the details for that company but you have to pay.

 

On the Bucks Road 'green screens' (and in the Tynwald Building before that) you could search by a person's name. Not anymore you can't, not any more...

 

 

So when I hear Allan Bell or Teare say how more transparent the system has become I actually shout at the radio "Fuck off"

 

I don't get what you are saying.

I can purchase for a nominal fee every corporate document I want if I want to find out the information you mentioned. There is nothing secretive about it. All the info is there and available to the public.

 

And I don't see the issue with charging for it. It costs time and money to have systems to place the documents online etc. Why shouldn't someone pay £2 a document.

 

Fine, you can have a beef about paying, but it isn't "secretive". The information is all there.

 

 

Perhaps I should not have mentioned paying, i do not have a problem there. You appear to have picked up a red herring.

 

Under the previous system you could search by a person's name as well as by company name or number. Now only by company name or number. There is a massive difference.

 

Of course.

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@ Andy, Nevada's in the States, they may yet have to deal with their own share of worms from this can? And Scotland would survive as an independent country only marginally longer than IoM?

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Some one in London has probably been told to prepare a "whip the CI and IOM" into line scenario. What would it cost? What would we gain? I say the immediate hinge on which it will turn is Brexit if the UK leaves as it throws open wide every single relationship be it constitutional and/or EU....As estate agents say "Someone's opportunity!"

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Andy Onchan! Greetings! The IOM has internal self government aka Home Rule not independence...It is always repeat always under the auspices of London where resides is the final word..Only by convention is the kid glove treatment in place...(That's gloves made from real kids if necessary)...London has the power to over rule but by convention everything is sorted out behind the Arras so it looks sweet...But the boss is David Cameron at the end of the day...

 

The boss isn't David Cameron at all. The boss is David Cameron's boss. i.e. the establishment.

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You used to be able to go into the Companies Registry when it was on Bucks Road and look up such as directors' names etc.

 

You can't do that anymore.

 

The Isle of Man has become more secretive in this respect.

That isn't true.

You can go online and get any of that information.

 

 

Not true back to you.

 

Online (same as going into the registry) You can search by company name or company number. Ok, from there you can get the details for that company but you have to pay.

 

On the Bucks Road 'green screens' (and in the Tynwald Building before that) you could search by a person's name. Not anymore you can't, not any more...

 

 

So when I hear Allan Bell or Teare say how more transparent the system has become I actually shout at the radio "Fuck off"

 

I don't get what you are saying.

I can purchase for a nominal fee every corporate document I want if I want to find out the information you mentioned. There is nothing secretive about it. All the info is there and available to the public.

 

And I don't see the issue with charging for it. It costs time and money to have systems to place the documents online etc. Why shouldn't someone pay £2 a document.

 

Fine, you can have a beef about paying, but it isn't "secretive". The information is all there.

 

 

Perhaps I should not have mentioned paying, i do not have a problem there. You appear to have picked up a red herring.

 

Under the previous system you could search by a person's name as well as by company name or number. Now only by company name or number. There is a massive difference.

 

Of course.

 

I think you are trying to make something out of nothing.

The bottom line is that the information is all there and perfectly available.

If I want to know anything about a company I can find it. I know, because I did exactly that recently.

 

Also, I don't think it should be simple for people to access a persons data just because they are fucking nosey.

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@ Andy, Nevada's in the States, they may yet have to deal with their own share of worms from this can? And Scotland would survive as an independent country only marginally longer than IoM?

 

I know Nevada's in the States.... that was the point in mentioning it. It's happening in the backyard of the good old US of A.... the greatest opponent of tax havens of all time.

 

Scotland is in exit mode and it won't be long before they need to start looking at ways to keep employment down once they do go it alone. The SNP have made no secret of the fact that they are seriously considering basing their economy on a low tax economy but with socialist principles (does that sound familiar?). So it will only be a matter of time before they will be in the club.

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Andy Onchan! Greetings! The IOM has internal self government aka Home Rule not independence...It is always repeat always under the auspices of London where resides is the final word..Only by convention is the kid glove treatment in place...(That's gloves made from real kids if necessary)...London has the power to over rule but by convention everything is sorted out behind the Arras so it looks sweet...But the boss is David Cameron at the end of the day...

 

So Art 2 of UN General Assembly resolution 1514 (XV) of 14 December 1960 doesn't apply to IOM then?

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