http://www.bloomberg.com/news/2010-1...loopholes.html
"The Double Irish" very similar to what Bono uses to avoid paying taxes in his home country.
Normally, they would have to pay 35% tax in the US.
Registered User
Google pays 2.4% tax rate.
http://www.bloomberg.com/news/2010-1...loopholes.html
"The Double Irish" very similar to what Bono uses to avoid paying taxes in his home country.
Normally, they would have to pay 35% tax in the US.
Registered User
Funny how the US gov't panders to corporations, whilst they screw them out of taxes unabashed.
Registered User
I had a client with a similar tax structure. The issue is not the companies, but the tax loop holes. Management is simply doing their job: to maximize shareholder value.
As the tax partner I worked for called it; you will never forget your first double / triple dip.
Tax rules for musicians are very specific and specialized, yet completely different from the corporate tax structures."The Double Irish" very similar to what Bono uses to avoid paying taxes in his home country
I've done one artists returns that is foreign to Canada and the tax laws do not favor artists in the slightest.
Registered User
woah ...ZenOps get back to the society forum! what are you doing out here
Originally posted by Modelexis
If I have questions about my phone bill, I don't post it on beyond, I call telus.
the crap you find when you dig through ask leoOriginally posted by D911
worst part is definitely when the dudes smacking it with his dick like that inside out anus owes his dick some money.
Registered User
When they fail, they are too big to fail and need bailout.Originally posted by whiskas
Funny how the US gov't panders to corporations, whilst they screw them out of taxes unabashed.
When they runs fine, they rather buy vacation home and yachts.
Moderator
Ive worked with a few companies that have done this stuff.. Pretty interested and smart I guess lol.
2011 Mercedes C63 AMG //2009 Mercedes C350 SOLD //2008 BMW 335i SOLD //2006 Mercedes C Sold// 2002 BMW M3 SOLD// 2004 Porsche C4S SOLD// 2006 Audi S4 SOLD// 2005 Audi 1.8T SS SOLD// 2004 Subaru STi SOLD// 1994 LHD Toyota Supra SOLD//1993 LHD Mazda RX-7 SOLD // 2002 Honda S2000 SC SOLD// 2004 Range Rover SOLD//
Registered User
The only way that this loophole hasn't been closed is that certain people are getting some pretty hefty bribes. There's no way Ireland could resist the combined pressures of the US and the EU without the right hands being greased.
Originally posted by FraserB
I think their main complaint is that they did not receive the stolen property they paid for.
Registered User
nm
Last edited by e36bmw///; 03-05-2018 at 12:11 PM.
Registered User
Most of the yachts I see in NS, are always registered out of caymen islands, bermuda, nassau.. etc
Registered User
I've worked for an employer who was suspected of simply shifting his profits into a Swiss bank and then submitting fradulent tax returns. The fines were significantly lower than the actual amount of money he was shuttling offshore.
I had heard last year that Canada was going to go after Swiss banks like UBS Witikon (the US had done it a few months prior) for this exact thing, but I don't think anything came out of it.
Obviously there's not going to be much political will to close loopholes; populist demand only works to get you elected to a seat, and from there corporate welfare is the order of the day regardless of party.
Registered User
Lower Taxes & Close Loop Holes FTW!Originally posted by e36bmw///
Pretty interesting read
Keep raising taxes and more companies will start doing this.
http://www.timesonline.co.uk/tol/mon...cle1996735.ece
Posting Permissions
Quote