Omobono Posted September 21, 2022 Share Posted September 21, 2022 8 minutes ago, Non-Believer said: Did he happen to mention anything about how they propose to recoup the still rising costs or is that another Great Unmentionable amongst the pigs on the wing? Just listened to Dr Death saying the economy was in great shape and the government public sector pension scheme was sustainable , I don't know what planet he or his script writer are on ,I just counted 93 people in the Royal hall if it was a show people would be asking for their money back ! , great pity is was not live streamed and many more could have looked in while actually working and fed comments or questions into the sessions , 1 Quote Link to comment Share on other sites More sharing options...
NoTailT Posted September 21, 2022 Share Posted September 21, 2022 Looks packed again for the opening this morning. 2 Quote Link to comment Share on other sites More sharing options...
cissolt Posted September 21, 2022 Share Posted September 21, 2022 6 minutes ago, Omobono said: Just listened to Dr Death saying the economy was in great shape and the government public sector pension scheme was sustainable , I don't know what planet he or his script writer are on ,I just counted 93 people in the Royal hall if it was a show people would be asking for their money back ! , great pity is was not live streamed and many more could have looked in while actually working and fed comments or questions into the sessions , Which begs the question of why we need another 15,000 people? I had higher hopes for Dr Allanson, but it turns out he just believes whatever the senior civil servants tell him. Another comin yes man. Shame. 2 Quote Link to comment Share on other sites More sharing options...
Moghrey Mie Posted September 21, 2022 Share Posted September 21, 2022 14 hours ago, Numbnuts said: Those you went today and are up to speed.. Anything you'd recommend to go to tomorrow please ? And is there a entry fee or do you just walk in ...thanks . Walk in Quote Link to comment Share on other sites More sharing options...
BriT Posted September 21, 2022 Share Posted September 21, 2022 9 minutes ago, Omobono said: Just listened to Dr Death saying the economy was in great shape and the government public sector pension scheme was sustainable , I don't know what planet he or his script writer are on ,I just counted 93 people in the Royal hall if it was a show people would be asking for their money back ! , great pity is was not live streamed and many more could have looked in while actually working and fed comments or questions into the sessions , And virtually every question from the floor asked through their app was ignored. Many questioning what’s the point of turning up? 1 Quote Link to comment Share on other sites More sharing options...
GreyWolf Posted September 21, 2022 Share Posted September 21, 2022 Am not surprised it’s empty, most people are just fed up of these talking bollocks roadshows. 1 2 Quote Link to comment Share on other sites More sharing options...
Banker Posted September 21, 2022 Author Share Posted September 21, 2022 4 minutes ago, BriT said: And virtually every question from the floor asked through their app was ignored. Many questioning what’s the point of turning up? No questions were asked from app yesterday during health one but did take 3/4 from audience Quote Link to comment Share on other sites More sharing options...
BriT Posted September 21, 2022 Share Posted September 21, 2022 3 minutes ago, Banker said: No questions were asked from app yesterday during health one but did take 3/4 from audience About 25 questions unanswered by Allison. They just gave up. Quite a few sounded frustrated that they’d turned up but they weren’t interested in opinions or interacting at all. 2 Quote Link to comment Share on other sites More sharing options...
Banker Posted September 21, 2022 Author Share Posted September 21, 2022 4 minutes ago, BriT said: About 25 questions unanswered by Allison. They just gave up. Quite a few sounded frustrated that they’d turned up but they weren’t interested in opinions or interacting at all. What they should do is collate all the questions & provide written answers after conference 1 Quote Link to comment Share on other sites More sharing options...
SleepyJoe Posted September 21, 2022 Share Posted September 21, 2022 2 hours ago, code99 said: attracting companies to the Island with ‘digital presence’ only without (many) people will not be possible under the ‘substantiality’ rules (agreed with OECD) that a company must have certain physical presence on the Island in order to be recognised for tax purposes We need to know what the substantiality rules we've signed up for actually are, & what they really mean for the island & it's economy in simple terms Quote Link to comment Share on other sites More sharing options...
SleepyJoe Posted September 21, 2022 Share Posted September 21, 2022 2 hours ago, code99 said: An interesting point that came up a couple of times was that many companies are adopting ESG principles which will prevent them from investing in/ existing in jurisdictions which do not have adequate green credentials. We also need to know what adequate green credentials are to these companies 1 Quote Link to comment Share on other sites More sharing options...
quilp Posted September 21, 2022 Share Posted September 21, 2022 40 minutes ago, GreyWolf said: Am not surprised it’s empty, most people are just fed up of these talking bollocks roadshows. BBC reporting "hundreds" of people in attendance. 😊 2 Quote Link to comment Share on other sites More sharing options...
The Phantom Posted September 21, 2022 Share Posted September 21, 2022 3 minutes ago, SleepyJoe said: We need to know what the substantiality rules we've signed up for actually are, & what they really mean for the island & it's economy in simple terms Substance It’s a global undertaking, rather than just the IOM. The link to the KPMG advice paper explains simply what it is. In theory it stops any sham companies being set up that aren’t really offering any services from the IOM other than paying a CSP for a ‘brass plate’. Although for the last 10 years at least, few bona fide operators would offer this service. It is intended to ensure that real decisions and activities occur here. This would either be through CSPs doing more work or through businesses moving some of their Directors/Key Staff to the IOM, or a mixture of both (i.e. the CSP acts as an incubator for the initial start-up with the company moving here eventually) this in turn then means also more work here for Lawyers, Accountants, Banks, Investment managers etc. Put it this way, I haven’t seen anything not be set up here because of the Substance rules and I have seen quite a lot of business transfer here from other jurisdictions because of the rules and that we can provide these services better than other jurisdictions. When it was first announced it was thought it would be damaging to the Offshore Finance industry. In reality we were quite well placed to provide these services instead of other jurisdictions and it’s probably increased business. 1 1 Quote Link to comment Share on other sites More sharing options...
SleepyJoe Posted September 21, 2022 Share Posted September 21, 2022 2 hours ago, Wavey Davey said: It’s got nothing to do with the fact she’s a woman. She’s a useless do-gooder who is hopelessly out of her depth in this role. Mrs Caine is no more out of her depth than any of those who judge themselves competent to govern 1 Quote Link to comment Share on other sites More sharing options...
0bserver Posted September 21, 2022 Share Posted September 21, 2022 18 minutes ago, quilp said: BBC reporting "hundreds" of people in attendance. 😊 Factually that's true. It's also factually true that hundreds in attendance were on the IOM Government payroll and were attending during work time. 2 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.