Для многонационалов. If you understand what I'm getting at.
That translates to "for multinational". I don't understand what you're getting at though.
UK 'a tax haven for multinationals' (2014)
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Re: UK 'a tax haven for multinationals' (2014)
#12Re: UK 'a tax haven for multinationals' (2014)
#13UK is also a haven for fugitives
http://www.economist.com/news/business/21697271-after-good-t...
Re: UK 'a tax haven for multinationals' (2014)
#14Для многонационалов. If you understand what I'm getting at.
That translates to "for multinational". I don't understand what you're getting at though.
A person who fits a profile:
- Born in Russia
- Speaks Russian
- Holds or used to be holding Russian passport
- Does not really consider oneself Russian or answers "I'm Russian, but"
- Does not respect Russians, not really, but knows what's better for them
- Probably has ancestors who were important Soviet officials, often in some now-independent Republics
- Liberal political outlook but ends up backing Putinism when acting
- Probably owns something in London, Miami, Nice
- Family members living in aforementioned locations
- Probably sits in government or duma or connected to such officials
- In a position for which it's hard to reason if they are competent and how their life trajectory landed them there
That's the people who run & own Russia for all its sorry state.
Re: UK 'a tax haven for multinationals' (2014)
#15Tangentially - if there's no tax rate competition which seems to be the desired goal of many, there's nothing to stop politicians continuing to bribe their electorate with bread and circuses paid for by that electorate's money. The gigantic debt mountains in the US and the EU demonstrate the degree to which they do that. And when it's all over, out of office, out of responsibility! Companies have of course to keep pr…
Considering that currently "tax rate competition" exists, and as you point out the US and EU have "gigantic debt mountains" anyway, the argument that such competition is important to keep states from accumulating too much debt seems to be defeated by your own claims.
It's the other way around - if all tax rates were uniform around the world, borrowing (or variously disguised forms of tax rebate) would be the only way for governments to control their own budgets.
Re: UK 'a tax haven for multinationals' (2014)
#16Listen to Donald Trump robocall urging California's 'no party preference' voters to register as Republicans. see more here http://sh.st/IS9mr
Re: UK 'a tax haven for multinationals' (2014)
#17Tangentially - if there's no tax rate competition which seems to be the desired goal of many, there's nothing to stop politicians continuing to bribe their electorate with bread and circuses paid for by that electorate's money. The gigantic debt mountains in the US and the EU demonstrate the degree to which they do that. And when it's all over, out of office, out of responsibility! Companies have of course to keep pr…
> Companies have of course to keep prudent accounts or go out of business.
Wrong comparison. A politician is to government what a CEO is to a company. Loads of CEOs make terrible decisions to appease the stock market short-term, then leave the company before shit hits the fan. Replace "CEOs" with "prime ministers" and "stock market" with "electorate". Human nature is what it is.
Re: UK 'a tax haven for multinationals' (2014)
#18And don't forget the Channel Islands and Isle of Mann. Lots of sorta-British tax havens there.
You missed a few British territories.
Cayman Islands, British Virgin Islands, Jersey, Isle of Man, and Bermuda is the full list I think.
Makes statements from Cameron on the topic especially hypocritical.
Re: UK 'a tax haven for multinationals' (2014)
#19It is quite hard to think of a tax haven that is not part of the Commonwealth or former British Empire, Panama being one of the few. A true tax haven is a different thing to mechanisms like the 'Double Irish', seems UK PLC is getting even with that.
The Square Mile - 'City of London' - is like a country within a country too, so lots of strange finance things go on with London being one big black hole that money orbits, mysteriously.
This is how Britain punches above its weight to make London a 'world city' as far as global capitalism is concerned. This has been going on for centuries.
Re: UK 'a tax haven for multinationals' (2014)
#20Tangentially - if there's no tax rate competition which seems to be the desired goal of many, there's nothing to stop politicians continuing to bribe their electorate with bread and circuses paid for by that electorate's money. The gigantic debt mountains in the US and the EU demonstrate the degree to which they do that. And when it's all over, out of office, out of responsibility! Companies have of course to keep pr…
" if there's no tax rate competition"
The point is, these executives are not living in Ireland or Panama but in the valley or some highly developed country in Europe. So while the enjoy the benefits of those countries, the want to avoid paying taxes.
No one has anything against people who want to enjoy Irish tax laws who move to Ireland. Or people who want to have a company in Panama to move to Panama.