And 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.
UK 'a tax haven for multinationals' (2014)
41–50 of 56 posts
Re: UK 'a tax haven for multinationals' (2014)
#42Earlier quoted context omitted.
Obama by himself, no. But the executives from which he raised money will make him do and say anything they want.
No one can make a US president in his last year in office say anything.
https://theintercept.com/2015/05/12/cant-read-tpp-heres-huge...
http://www.theguardian.com/us-news/2015/jun/24/barack-obama-...
http://www.theguardian.com/business/2015/may/27/corporations...
Re: UK 'a tax haven for multinationals' (2014)
#43Re: UK 'a tax haven for multinationals' (2014)
#44Anyone else feel like the problem here isn't tax havens but the tax system. Is there a better approach than collecting taxes? What if inflation was used as a tax (printing money)?
That's why VAT is such a popular tax in Europe. It is very hard to evade. As soon as you spend money, you pay taxes.
Re: UK 'a tax haven for multinationals' (2014)
#45Earlier quoted context omitted.
No one can make a US president in his last year in office say anything.
TPP and the manner with which it was discussed proves otherwise... Obama is a moderate Republican, really. https://theintercept.com/2015/05/12/cant-read-tpp-heres-huge... http://www.theguardian.com/us-news/2015/jun/24/barack-obama-... http://www.theguardian.com/business/2015/may/27/corporations...
Re: UK 'a tax haven for multinationals' (2014)
#46Anyone else feel like the problem here isn't tax havens but the tax system. Is there a better approach than collecting taxes? What if inflation was used as a tax (printing money)?
That's why VAT is such a popular tax in Europe. It is very hard to evade. As soon as you spend money, you pay taxes.
Its pretty easy to get residence in a non-EU country and then reclaim the VAT when you return 'home'. Your 'non-EU' country can even be as close as Jersey.
Re: UK 'a tax haven for multinationals' (2014)
#47Earlier quoted context omitted.
That's why VAT is such a popular tax in Europe. It is very hard to evade. As soon as you spend money, you pay taxes.
What about VAT fraud? A couple of shell companies and not only have you evaded the tax, you've now profited from it.
Re: UK 'a tax haven for multinationals' (2014)
#48Earlier quoted context omitted.
That's why VAT is such a popular tax in Europe. It is very hard to evade. As soon as you spend money, you pay taxes.
> It is very hard to evade. Its pretty easy to get residence in a non-EU country and then reclaim the VAT when you return 'home'. Your 'non-EU' country can even be as close as Jersey.
Re: UK 'a tax haven for multinationals' (2014)
#49Anyone else feel like the problem here isn't tax havens but the tax system. Is there a better approach than collecting taxes? What if inflation was used as a tax (printing money)?
Re: UK 'a tax haven for multinationals' (2014)
#50Earlier quoted context omitted.
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.
Cyprus, malta, seychelles ...
Cyprus and Malta aren't even tax havens.