• Tax Havens 101: the High Cost of Going Offshore

    What are offshore tax havens, who uses them, and how do they work? Find out in our explainer, and get the full story at icij.org/offshore. Written by Kimberley Porteous and Marina Walker Guevara, with Scott Higham. Animations by Sohail Al-Jamea and Patterson Clark.

    published: 07 Apr 2013
  • KPMG and Tax Havens for the Rich : The Untouchables - the fifth estate

    A story of money, secrecy and greed: a tax dodge for the wealthy dreamed up by one of the biggest accounting giants in the world KPMG Canada devised what it called an “Offshore Company Structure” for a select group of rich clients: they would claim to give away millions of dollars to a shell company supposedly out of their control and therefore wouldn’t have to pay taxes on it. In the U.S., top KPMG officials were convicted of tax evasion schemes concocted there. But in Canada, a different scheme led to a secret amnesty deal with the Canada Revenue Agency. A federal government inquiry vowing to get to the bottom of it went nowhere What was the accounting firm trying to hide? With revelations from industry insiders, internal KPMG documents and corporate records from the Isle of Man of...

    published: 04 Mar 2017
  • Paradise Papers: How tax havens work and why they are a problem

    Tax havens and offshore accounts and trusts, detailed in the Paradise Papers, are used by the world's wealthiest to legally avoid paying taxes. Here's how they work and why they are a problem. To read more: http://www.cbc.ca/paradisepapers SOURCE LIST: CBC News | Paradise Papers investigation http://www.cbc.ca/paradisepapers International Consortium of Investigative Journalists | Paradise Papers investigation https://www.icij.org/investigations/paradise-papers/ CBC News | Tax havens: How the rich hide money http://www.cbc.ca/news2/interactives/offshore-tax-havens/index.html ICIJ | Tax havens 101: The high cost of going offshore https://www.youtube.com/watch?v=gy2RgjIIZyA CBC News | Huge offshore data leak reveals financial secrets of global elite — from the Queen to former PMs h...

    published: 05 Nov 2017
  • 12 Best Tax Haven in the World | Offshore Tax Havens | Tax Havens Countries

    The world of offshore accounts, shell companies and tax havens extends far beyond the fictional legal thrillers you see on the silver screen. Offshore tax havens — countries or territories where taxes are assessed at a low or nonexistent rate — are very much a reality, and U.S.-based multinational corporations play a starring role in the real-life drama. According to a 2016 report by Citizens for Tax Justice, 367 companies in the Fortune 500 operate subsidiaries in tax-haven nations around the globe. Just like major corporations, individuals can take advantage of the web of financial loopholes and legislation that foreign countries offer. Click through to discover 12 of these tax havens, which might help you pay less on your tax bill this year or at some point in the future. BERMUDA Ber...

    published: 29 May 2017
  • The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

    James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play. In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world. The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands...

    published: 23 May 2013
  • KPMG offshore tax dodge

    A former client of the accounting giant KPMG says a tax dodge that involved wealthy people gifting their money to an offshore jurisdiction was a 'facade' designed to hide money from the taxman Click here for the full story: http://www.cbc.ca/1.4006469 »»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1 Voice Your Opinion & Connect With Us Online: The National Updates on Facebook: https://www.facebook.com/thenational The National Updates on Twitter: https://twitter.com/CBCTheNational The National Updates on Google+: https://plus.google.com/+CBCTheNational »»» »»» »»» »»» »»» The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis ...

    published: 04 Mar 2017
  • Google's $2 Billion Tax Shelter

    "By funneling nearly $10 billion in revenue into a Bermuda shell company last year, Google dodged about $2 billion in income taxes worldwide, Bloomberg News reports, citing financial records. The off-shore tax shelter — legal in the United States and elsewhere — cut Google's tax rate nearly in half, Bloomberg says. Bermuda has no corporate income tax. Bloomberg says the amount saved was about 80% of the company's pre-tax profit."* Google has employed some pretty impressive tricks in avoiding paying their taxes, keeping $2 billion they should have paid in taxes worldwide. But don't worry, someone else will pay the bill. Us. Will the U.S. government crack down on Google? Cenk Uygur knows the answer. *Read more from Michael Winter/ USA Today: http://www.usatoday.com/story/tech/2012/12/10/...

    published: 11 Dec 2012
  • How Tax Shelters Work

    A peek inside the world of shadowy tax havens. The full story here: http://bit.ly/QFuqkX

    published: 22 Sep 2012
  • Transfer pricing and tax havens | Taxes | Finance & Capital Markets | Khan Academy

    How a corporation can set up a tax haven and use it through transfer pricing. Created by Sal Khan. Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/taxes-topic/corporate-taxation/v/is-limited-liability-or-double-taxation-fair?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: In exchange for being treated as a person-like-legal entity (and the limited liability this gives for its owners), most corporations pay taxes. This tutorial focuses on what corporations are, "double taxation" and a few ways that multinationals might try to get out of paying taxes. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboa...

    published: 08 Oct 2012
  • LEGAL WAYS TO AVOID PAYING TAX - The Super Rich Elite are Doing It, So Why Dont You?

    SUBSCRIBE to ELITE NWO AGENDA for Latest on USD COLLAPSE / GOLD / SILVER / BITCOIN / NEW WORLD ORDER / ILLUMINATI / TAX HAVEN http://www.youtube.com/EliteNWOAgenda LEGAL WAYS TO AVOID PAYING TAX - The Super Rich Elite are Doing It, So Why Dont You? Don't take an income Selling assets and realising capital gains could give you a source of cash if you needed it, and careful planning so losses in previous years offset any gains could help reduce your capital gains tax bill. Give to charity This is one of the strategies the government is planning to crack down on, although its plans have attracted controversy and could be watered down as a result. Currently, if you give assets to charity you can claim income tax relief up to their entire value. The government's own Directgov website gives ...

    published: 14 Jul 2014
  • TAX SHELTER SOURCE

    MORTGAGE TAX SHELTER

    published: 03 May 2013
  • Tax Havens: The Great Scam

    Tax Haven, tax avoidance, off-shore economy, taxation, tax system, tax, mispricing, Producer and director : François Jacob Animator : Jean-François Robichaud Narrator : Gabriel Brown

    published: 21 Nov 2012
  • Tax shelter (in Dutch)

    In these interviews of KPMG in Dutch, an explanation is presented concerning the Belgian Tax Shelter scheme and how this win-win system for investors and film producers is constructed. Attention is given to the significant reduction of the risk factor for investors in audio visual productions. An analysis of the mechanics of creating a Tax Shelter is also made.

    published: 21 Mar 2013
  • OFFSHORE TAX SHELTERS - VAIDS

    VAIDS is an initiative introduced by the Federal Government to encourage and secure a plausible Taxing system. An image@pinex production.

    published: 12 Apr 2018
  • PanamaPapers – The Shady World of Offshore Companies | Das Erste | NDR

    For decades, presidents, drug smugglers and criminals have used a Panamanian law firm to hide their accounts and valuables. This is revealed in documents reviewed by media partners around the world, including NDR and WDR. A total of 370 journalists from 78 countries evaluated around 11.5 million documents in the course of their reporting on the “PanamaPapers.” An anonymous source provided the data to Germany’s Süddeutsche Zeitung. The paper then shared it with the International Consortium of Investigative Journalists (ICIJ) and partners across the globe, including NDR and WDR. http://www.daserste.de

    published: 08 Apr 2016
  • What you need to know about tax shelters in Canada - Tax Tip Weekly

    What do you know about tax shelters in Canada? It may be associated with tax evasion, illegal schemes, or other bad practices – however, not all tax shelters are bad news! Learn more through this week’s Tax Tip Weekly! 0:33 - What is a tax shelter? 0:47 - Tax shelter arrangements 1:30 - Legitimate tax shelters 2:12 - The Tip Visit our website for more information and tax-related advice: http://madanca.com Follow us on social media Twitter: https://twitter.com/Madan_CA Facebook: https://www.facebook.com/MadanCharteredAccountant/ Instagram: https://www.instagram.com/madanaccounting/ Google+: https://plus.google.com/108551869453511666601/posts Download any of our free eBooks available on Amazon “Tax Tips for Canadians”: https://www.amazon.ca/Tax-Tips-Canadians-Allan-Madan-ebook/dp/B01E...

    published: 07 May 2015
  • Taxation Offshore Tax Shelters Why they are difficult to detect

    This presentation will provide examples of how tax havens work including references to the Panama Leaks. The presentation is about solutions including involvement of all countries around the world as part of stronger banking regulations as well as tax treaties. The presentation will talk about the UN and its needs to provide more oversight and audits when it comes to foreign aid.

    published: 17 Apr 2016
  • Rich using offshore tax havens exposed

    http://www.euronews.com/ The International Consortium of Investigative Journalists (==ICIJ==) has obtained an unprecedented cache of information about cash in tax havens and begun to publish its findings. The names of thousands of people have been revealed and their wealth management plans disclosed. Many involve secret companies set up in the British Virgin Islands (BVI). Several high-profile politicians have been named and potentially shamed. French President Francois Hollande's campaign manager Jean-Jacques Augier has links to a BVI company. While the President of Azerbaijan Ilham Aliyev and members of his family are also identified within the leaked information. Analysts estimate that the offshore industry could be as large as 25 trillion euros in size. Those who hide their offshore...

    published: 04 Apr 2013
  • Paradise Papers: Global elite used offshore accounts to avoid taxes

    The so-called "Paradise Papers," a leak of 13.4 million files, have named people and companies from around the globe who shelter their wealth in tax havens ‒ a practice blamed for draining billions of dollars from national coffers. RT America’s Alex Mihailovich names the names listed in the leak. Find RT America in your area: http://rt.com/where-to-watch/ Or watch us online: http://rt.com/on-air/rt-america-air/ Like us on Facebook http://www.facebook.com/RTAmerica Follow us on Twitter http://twitter.com/RT_America

    published: 06 Nov 2017
  • Tax Havens • Explained With Maps

    Tax havens play an important role in the globalization of capital markets, but also threaten their stability and structure. What are the properties of tax havens? How profit private persons, companies and the organized crime from tax havens? Video transcript and images: http://explainedwithmaps.com/tax-havens/

    published: 10 Jan 2015
  • Procter & Gamble finds itself involved in leak of offshore tax shelter documents

    CINCINNATI (WKRC) - Procter & Gamble finds itself caught up in the leak of the "Paradise Papers." The documents expose the offshore tax secrets of the rich, as well as large companies. Dutch media reports officials there signed off on an agreement to help P&G divert profits to the Cayman Islands. The report says that saved the company $169 million. The government in the Netherlands has opened an investigation. P&G says it did not avoid paying taxes.

    published: 21 Nov 2017
  • Tax Havens or Tax Envasion: Economist James Henry on $3.5 T Offshore

    You're not going to believe my interview with economist James Henry on the $30 Trillion dollars in tax havens! Some of the highlights: Tax havens are being used to hide and house 15% of the world’s wealth. Shell companies are being used off shore so that corporations avoid paying taxes. Representation without taxation. We tried inflation, debt and privations but the only way to support a society is taxes. It’s not a Global Mafia: it’s worse, the rich and corporations have created laws to support their ability to evade paying taxes. The difference between tax shelter and tax evasion is a jail cell. Since the recession the top 1% is not only making insane profits but avoiding paying more and more taxes. A Great Society cannot survive without having the means to support it and a regressive ta...

    published: 11 Jan 2016
  • two minute challenge offshore tax shelters

    published: 23 Jun 2014
  • The new tax havens

    American companies are finding new overseas tax havens to legally protect some of their profits from the U.S. tax rate of 35 percent, among the highest in the world. Lesley Stahl reports.

    published: 15 Aug 2011
developed with YouTube
Tax Havens 101: the High Cost of Going Offshore
3:41

Tax Havens 101: the High Cost of Going Offshore

  • Order:
  • Duration: 3:41
  • Updated: 07 Apr 2013
  • views: 167780
videos
What are offshore tax havens, who uses them, and how do they work? Find out in our explainer, and get the full story at icij.org/offshore. Written by Kimberley Porteous and Marina Walker Guevara, with Scott Higham. Animations by Sohail Al-Jamea and Patterson Clark.
https://wn.com/Tax_Havens_101_The_High_Cost_Of_Going_Offshore
KPMG and Tax Havens for the Rich : The Untouchables - the fifth estate
43:00

KPMG and Tax Havens for the Rich : The Untouchables - the fifth estate

  • Order:
  • Duration: 43:00
  • Updated: 04 Mar 2017
  • views: 81457
videos
A story of money, secrecy and greed: a tax dodge for the wealthy dreamed up by one of the biggest accounting giants in the world KPMG Canada devised what it called an “Offshore Company Structure” for a select group of rich clients: they would claim to give away millions of dollars to a shell company supposedly out of their control and therefore wouldn’t have to pay taxes on it. In the U.S., top KPMG officials were convicted of tax evasion schemes concocted there. But in Canada, a different scheme led to a secret amnesty deal with the Canada Revenue Agency. A federal government inquiry vowing to get to the bottom of it went nowhere What was the accounting firm trying to hide? With revelations from industry insiders, internal KPMG documents and corporate records from the Isle of Man offshore tax haven, we expose the details of the scheme and unveil the names of some of the wealthy clients. A joint investigation by the fifth estate and Radio-Canada’s Enquete program --- Subscribe for more videos from the fifth estate : http://bit.ly/25W8cpn Connect with the fifth estate online : Website : http://bit.ly/1d0FBxq Facebook : http://bit.ly/1UO9B8S Twitter : http://bit.ly/237VM8P Instagram : http://bit.ly/25W8SLs About the fifth estate : For four decades the fifth estate has been Canada's premier investigative documentary program. Hosts Bob McKeown, Gillian Findlay and Mark Kelley continue a tradition of provocative and fearless journalism. the fifth estate brings in-depth investigations that matter to Canadians – delivering a dazzling parade of political leaders, controversial characters and ordinary people whose lives were touched by triumph or tragedy.
https://wn.com/Kpmg_And_Tax_Havens_For_The_Rich_The_Untouchables_The_Fifth_Estate
Paradise Papers: How tax havens work and why they are a problem
3:00

Paradise Papers: How tax havens work and why they are a problem

  • Order:
  • Duration: 3:00
  • Updated: 05 Nov 2017
  • views: 63190
videos
Tax havens and offshore accounts and trusts, detailed in the Paradise Papers, are used by the world's wealthiest to legally avoid paying taxes. Here's how they work and why they are a problem. To read more: http://www.cbc.ca/paradisepapers SOURCE LIST: CBC News | Paradise Papers investigation http://www.cbc.ca/paradisepapers International Consortium of Investigative Journalists | Paradise Papers investigation https://www.icij.org/investigations/paradise-papers/ CBC News | Tax havens: How the rich hide money http://www.cbc.ca/news2/interactives/offshore-tax-havens/index.html ICIJ | Tax havens 101: The high cost of going offshore https://www.youtube.com/watch?v=gy2RgjIIZyA CBC News | Huge offshore data leak reveals financial secrets of global elite — from the Queen to former PMs http://www.cbc.ca/1.4387338 CBC News | How Canada got into bed with tax havens http://www.cbc.ca/1.3641278 CBC News | Deals Canada signed to catch tax cheats allow billions in taxes to escape http://www.cbc.ca/1.3639597 CBC News | Canadian ties exposed in leaked Bahamas tax-haven data http://www.cbc.ca/1.3771867 Department of Finance Canada | Tax Information Exchange Agreements https://www.fin.gc.ca/treaties-conventions/tieaaerf-eng.asp »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX Find CBC News on Facebook: http://bit.ly/1WjG36m Follow CBC News on Twitter: http://bit.ly/1sA5P9H For breaking news on Twitter: http://bit.ly/1WjDyks Follow CBC News on Instagram: http://bit.ly/1Z0iE7O Download the CBC News app for iOS: http://apple.co/25mpsUz Download the CBC News app for Android: http://bit.ly/1XxuozZ »»»»»»»»»»»»»»»»»» For more than 75 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
https://wn.com/Paradise_Papers_How_Tax_Havens_Work_And_Why_They_Are_A_Problem
12 Best Tax Haven in the World | Offshore Tax Havens | Tax Havens Countries
11:03

12 Best Tax Haven in the World | Offshore Tax Havens | Tax Havens Countries

  • Order:
  • Duration: 11:03
  • Updated: 29 May 2017
  • views: 1643
videos
The world of offshore accounts, shell companies and tax havens extends far beyond the fictional legal thrillers you see on the silver screen. Offshore tax havens — countries or territories where taxes are assessed at a low or nonexistent rate — are very much a reality, and U.S.-based multinational corporations play a starring role in the real-life drama. According to a 2016 report by Citizens for Tax Justice, 367 companies in the Fortune 500 operate subsidiaries in tax-haven nations around the globe. Just like major corporations, individuals can take advantage of the web of financial loopholes and legislation that foreign countries offer. Click through to discover 12 of these tax havens, which might help you pay less on your tax bill this year or at some point in the future. BERMUDA Bermuda earned the dubious distinction of ranking No. 1 on Oxfam’s 2016 list of the world’s worst corporate tax havens. Bermuda features a zero percent corporate tax rate, as well as no personal income tax rate. Due to the lack of corporate taxes, U.S. multinational companies have raked in huge amounts of money in Bermuda, notably recording profits of $80 billion in 2012. That amount exceeded their profits reported in Japan, China, France and Germany combined. NETHERLANDS The most popular tax haven among the Fortune 500 is the Netherlands, with more than half of the Fortune 500 reporting at least one subsidiary there. Oxfam’s list of the worst corporate tax havens placed this Benelux country at No. 3. National governments often use tax incentives to lure businesses to invest in their country. However, far too often tax incentives have been found to be ineffective, inefficient and costly, according to Oxfam. In the Netherlands, one such tax incentive cost an estimated 1.2 billion euros in 2016. That is equivalent to 7.6 percent of what the Netherlands receives in total income from corporation tax. LUXEMBOURG Like the Netherlands, Luxembourg is one of the three countries that form the Benelux countries, which also have a reputation for being tax shelters. Luxembourg’s tax-haven status comes from its business-friendly laws that allow international companies to park portions of their business in the nation and dodge billions in tax bills. Tax-friendly characteristics include tax incentives, zero percent withholding taxes and evidence of large-scale profit shifting, according to Oxfam. CAYMAN ISLANDS The Cayman Islands offer “probably the biggest (tax) loophole now for individuals as well as the multinational corporations,” said Crystal Stranger, Los Angeles-based tax operations director at 1st Tax Inc. The Cayman Islands come in at No. 2 on Oxfam’s list of the worst tax havens. The Caymans are a British Overseas Territory, a designation that seems to be a common thread running through several tax havens on the Oxfam list. The Caymans and other countries with laws that allow a corporation to be formed and retain assets without paying tax, Stranger said. “When held for business purposes, this is perfectly legal and not a tax-avoidance strategy,” she said. However, the tax advantages and implications are complex, and a professional is probably best equipped to handle them, she said. The tax benefits can be worthwhile to the many businesses from the U.S. and around the world that have assets in the Caymans. In 2012, American multinational companies reported $46 billion in profits from subsidiaries based in the Cayman Islands, according to a report by Citizens for Tax Justice. That compared to a gross domestic product of just $3 billion for the territory. SINGAPORE This tiny sovereign city-state was once a British colony, and now is a hub for multinational corporate subsidiaries. Like the Netherlands and Luxembourg, Singapore actually has “reasonable” nominal corporate tax rates, according to Oxfam. Yet, like those nations, Singapore still finds a way to be one of the top tax havens in the world. Singapore circumvents its “reasonable” corporate tax rates through tax incentives, lack of withholding taxes and what appears to be substantial profit shifting, according to the Oxfam report. CHANNEL ISLANDS Located between England and France, the Channel Islands host hundreds of international corporate subsidiaries. For example, Morgan Stanley alone has 33 tax haven subsidiaries in the Channel Islands, according to a report by the Citizens for Tax Justice. The Channel Islands consist of two British Crown dependencies: The Bailiwick of Jersey, consisting of Jersey The Bailiwick of Guernsey, consisting of three separate jurisdictions: Guernsey, Alderney and Sark Crown dependencies are not part of the United Kingdom, but are instead self-governing territories. Jersey’s status as a tax haven rose in the mid-20th century, when many rich British citizens moved their wealth to the island. At that time
https://wn.com/12_Best_Tax_Haven_In_The_World_|_Offshore_Tax_Havens_|_Tax_Havens_Countries
The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013
16:50

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

  • Order:
  • Duration: 16:50
  • Updated: 23 May 2013
  • views: 25456
videos
James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play. In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world. The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands. Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same. About TEDx In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
https://wn.com/The_Bizarre_Economics_Of_Tax_Havens_And_Pirate_Banking_James_S._Henry_At_Tedxradboudu_2013
KPMG offshore tax dodge
3:11

KPMG offshore tax dodge

  • Order:
  • Duration: 3:11
  • Updated: 04 Mar 2017
  • views: 2635
videos
A former client of the accounting giant KPMG says a tax dodge that involved wealthy people gifting their money to an offshore jurisdiction was a 'facade' designed to hide money from the taxman Click here for the full story: http://www.cbc.ca/1.4006469 »»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1 Voice Your Opinion & Connect With Us Online: The National Updates on Facebook: https://www.facebook.com/thenational The National Updates on Twitter: https://twitter.com/CBCTheNational The National Updates on Google+: https://plus.google.com/+CBCTheNational »»» »»» »»» »»» »»» The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.
https://wn.com/Kpmg_Offshore_Tax_Dodge
Google's $2 Billion Tax Shelter
3:55

Google's $2 Billion Tax Shelter

  • Order:
  • Duration: 3:55
  • Updated: 11 Dec 2012
  • views: 6767
videos
"By funneling nearly $10 billion in revenue into a Bermuda shell company last year, Google dodged about $2 billion in income taxes worldwide, Bloomberg News reports, citing financial records. The off-shore tax shelter — legal in the United States and elsewhere — cut Google's tax rate nearly in half, Bloomberg says. Bermuda has no corporate income tax. Bloomberg says the amount saved was about 80% of the company's pre-tax profit."* Google has employed some pretty impressive tricks in avoiding paying their taxes, keeping $2 billion they should have paid in taxes worldwide. But don't worry, someone else will pay the bill. Us. Will the U.S. government crack down on Google? Cenk Uygur knows the answer. *Read more from Michael Winter/ USA Today: http://www.usatoday.com/story/tech/2012/12/10/google-bermuda-shell-company-2-billion-tax-dodge/1759833/ Support The Young Turks by Subscribing http://www.youtube.com/user/theyoungturks Like Us on Facebook: http://www.facebook.com/tytnation Follow Us on Twitter: http://www.twitter.com/theyoungturks Support TYT for FREE by doing your Amazon shopping through this link (bookmark it!) http://www.amazon.com/?tag=theyoungturks-20 Buy TYT Merch: http://theyoungturks.spreadshirt.com/ Support The Young Turks by becoming a member of TYT Nation at http://www.tytnetwork.com/member-options/ Your membership supports the day to day operations and is vital for our continued success and growth. In exchange, we provided members only bonuses! We tape a special Post Game show Mon-Thurs and you get access to the entire live show at your convenience in video, audio and podcast formats. Become a member: http://www.tytnetwork.com/membership
https://wn.com/Google's_2_Billion_Tax_Shelter
How Tax Shelters Work
1:44

How Tax Shelters Work

  • Order:
  • Duration: 1:44
  • Updated: 22 Sep 2012
  • views: 16555
videos
A peek inside the world of shadowy tax havens. The full story here: http://bit.ly/QFuqkX
https://wn.com/How_Tax_Shelters_Work
Transfer pricing and tax havens | Taxes | Finance & Capital Markets | Khan Academy
6:47

Transfer pricing and tax havens | Taxes | Finance & Capital Markets | Khan Academy

  • Order:
  • Duration: 6:47
  • Updated: 08 Oct 2012
  • views: 159272
videos
How a corporation can set up a tax haven and use it through transfer pricing. Created by Sal Khan. Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/taxes-topic/corporate-taxation/v/is-limited-liability-or-double-taxation-fair?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: In exchange for being treated as a person-like-legal entity (and the limited liability this gives for its owners), most corporations pay taxes. This tutorial focuses on what corporations are, "double taxation" and a few ways that multinationals might try to get out of paying taxes. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
https://wn.com/Transfer_Pricing_And_Tax_Havens_|_Taxes_|_Finance_Capital_Markets_|_Khan_Academy
LEGAL WAYS TO AVOID PAYING TAX - The Super Rich Elite are Doing It, So Why Dont You?
2:01

LEGAL WAYS TO AVOID PAYING TAX - The Super Rich Elite are Doing It, So Why Dont You?

  • Order:
  • Duration: 2:01
  • Updated: 14 Jul 2014
  • views: 28142
videos
SUBSCRIBE to ELITE NWO AGENDA for Latest on USD COLLAPSE / GOLD / SILVER / BITCOIN / NEW WORLD ORDER / ILLUMINATI / TAX HAVEN http://www.youtube.com/EliteNWOAgenda LEGAL WAYS TO AVOID PAYING TAX - The Super Rich Elite are Doing It, So Why Dont You? Don't take an income Selling assets and realising capital gains could give you a source of cash if you needed it, and careful planning so losses in previous years offset any gains could help reduce your capital gains tax bill. Give to charity This is one of the strategies the government is planning to crack down on, although its plans have attracted controversy and could be watered down as a result. Currently, if you give assets to charity you can claim income tax relief up to their entire value. The government's own Directgov website gives an example of how donating a property worth £90,000 to charity allows you to avoid paying tax on the same amount. In this case you are obviously losing the asset, but you are reducing your taxable income. Give enough away and you could reduce your taxable income to zero. There is a way to keep hold of the asset and reduce your income. If you have a freehold property you could grant a lease on it and give that to the charity. For example, if you grant an eight-year lease the charity holds the property for the term of that lease and benefits from any rental income during that period, but at the end of the lease the property reverts to your ownership. You won't get tax relief on the value of the freehold property, but on the value of the lease -- in London that kind of lease on a £1m house could be worth £50,000. Tax avoidance is the legal usage of the tax regime to one's own advantage, to reduce the amount of tax that is payable by means that are within the law. Tax sheltering is very similar, and tax havens are jurisdictions which facilitate reduced taxes. The term tax mitigation is sometimes used; its original use was by tax advisers as an alternative to the pejorative term tax evasion. "Tax aggressive" strategies fall into the grey area between commonplace and well-accepted tax avoidance (such as purchasing municipal bonds in the United States) and evasion. However, the uses of these terms vary.[1] tax irs taxes legal law "tax man" options employment executive shares control "tax bill" salary usd dollar "real estate" "stock market" "estate tax" bitcoin gold silver profit "savings account" savings borrow "capital gains" company business corporate loan debt "gold trading" forex "forex trading" bank "bank account" banking cash "money management" wealth "tax haven" offshore "offshore company" mafia elite billionaire millionaire 2014 2015 u.s. "united states" usa america entertainment "agenda nwo" jim rogers rothschild george soros bilderberg 2014 alex jones infowars gerald celente david icke glenn beck coast to coast am george norey farrakhan banker suicide truth jsnip4 wake up sheeple song elite nwo agenda A tax haven is a state, country or territory where certain taxes are levied at a low rate or not at all.[2] Individuals or corporate entities can find it attractive to establish shell subsidiaries or move themselves to areas with reduced or nil taxation levels relative to typical international taxation. This creates a situation of tax competition among governments. Different jurisdictions tend to be havens for different types of taxes, and for different categories of people or companies.worldwide demand for opportunities to engage in tax avoidance." The Economist points out that this definition would still exclude a number of jurisdictions traditionally thought of as tax havens. University of Florida Assistant Law Professor Omri Marian discusses potential tax abuses using Bitcoin. Recent investors in Bitcoin may be nursing losses after a fall of some 40 per cent in the crypto-currency's value since January -- but at least they will be tax deductible. That is one upshot of last week's decision by the US tax authorities -- issued just in time for the annual rush to file individual tax returns -- to treat virtual currencies as property for federal tax purposes. Put your money offshore Investment schemes exist that let you hold money in an offshore fund and roll-up the interest you earn on it. You will have to pay tax when you eventually withdraw the money, but in the meantime you can withdraw 5% a year without a tax liability. You can choose when you realise your investment, so you can plan it to fall when you are a basic rate rather than a high rate taxpayer. non qualified stock options GRAT estate tax no sale sale capital gains tax
https://wn.com/Legal_Ways_To_Avoid_Paying_Tax_The_Super_Rich_Elite_Are_Doing_It,_So_Why_Dont_You
TAX SHELTER SOURCE
3:02

TAX SHELTER SOURCE

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  • Duration: 3:02
  • Updated: 03 May 2013
  • views: 110
videos
MORTGAGE TAX SHELTER
https://wn.com/Tax_Shelter_Source
Tax Havens: The Great Scam
3:45

Tax Havens: The Great Scam

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  • Duration: 3:45
  • Updated: 21 Nov 2012
  • views: 37762
videos
Tax Haven, tax avoidance, off-shore economy, taxation, tax system, tax, mispricing, Producer and director : François Jacob Animator : Jean-François Robichaud Narrator : Gabriel Brown
https://wn.com/Tax_Havens_The_Great_Scam
Tax shelter (in Dutch)
4:54

Tax shelter (in Dutch)

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  • Duration: 4:54
  • Updated: 21 Mar 2013
  • views: 398
videos
In these interviews of KPMG in Dutch, an explanation is presented concerning the Belgian Tax Shelter scheme and how this win-win system for investors and film producers is constructed. Attention is given to the significant reduction of the risk factor for investors in audio visual productions. An analysis of the mechanics of creating a Tax Shelter is also made.
https://wn.com/Tax_Shelter_(In_Dutch)
OFFSHORE TAX SHELTERS - VAIDS
1:01

OFFSHORE TAX SHELTERS - VAIDS

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  • Duration: 1:01
  • Updated: 12 Apr 2018
  • views: 0
videos
VAIDS is an initiative introduced by the Federal Government to encourage and secure a plausible Taxing system. An image@pinex production.
https://wn.com/Offshore_Tax_Shelters_Vaids
PanamaPapers – The Shady World of Offshore Companies | Das Erste | NDR
55:18

PanamaPapers – The Shady World of Offshore Companies | Das Erste | NDR

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  • Duration: 55:18
  • Updated: 08 Apr 2016
  • views: 143164
videos
For decades, presidents, drug smugglers and criminals have used a Panamanian law firm to hide their accounts and valuables. This is revealed in documents reviewed by media partners around the world, including NDR and WDR. A total of 370 journalists from 78 countries evaluated around 11.5 million documents in the course of their reporting on the “PanamaPapers.” An anonymous source provided the data to Germany’s Süddeutsche Zeitung. The paper then shared it with the International Consortium of Investigative Journalists (ICIJ) and partners across the globe, including NDR and WDR. http://www.daserste.de
https://wn.com/Panamapapers_–_The_Shady_World_Of_Offshore_Companies_|_Das_Erste_|_Ndr
What you need to know about tax shelters in Canada - Tax Tip Weekly
3:22

What you need to know about tax shelters in Canada - Tax Tip Weekly

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  • Duration: 3:22
  • Updated: 07 May 2015
  • views: 1402
videos
What do you know about tax shelters in Canada? It may be associated with tax evasion, illegal schemes, or other bad practices – however, not all tax shelters are bad news! Learn more through this week’s Tax Tip Weekly! 0:33 - What is a tax shelter? 0:47 - Tax shelter arrangements 1:30 - Legitimate tax shelters 2:12 - The Tip Visit our website for more information and tax-related advice: http://madanca.com Follow us on social media Twitter: https://twitter.com/Madan_CA Facebook: https://www.facebook.com/MadanCharteredAccountant/ Instagram: https://www.instagram.com/madanaccounting/ Google+: https://plus.google.com/108551869453511666601/posts Download any of our free eBooks available on Amazon “Tax Tips for Canadians”: https://www.amazon.ca/Tax-Tips-Canadians-Allan-Madan-ebook/dp/B01EIG1WOO/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1467908354&sr=1-1 “Personal Tax Planning Guide for Canadians: 2014 Edition”: https://www.amazon.ca/Personal-Tax-Planning-Guide-Canadians-ebook/dp/B00RVWWBQG/ref=sr_1_3?s=digital-text&ie=UTF8&qid=1467908392&sr=1-3 “20 Tax Secrets for Canadians”: https://www.amazon.ca/Tax-Secrets-Canadians-Allan-Madan-ebook/dp/B00P8D24S0/ref=sr_1_2?s=digital-text&ie=UTF8&qid=1467908392&sr=1-2 Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. All figures and dollar amounts are used for example purposes only. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.
https://wn.com/What_You_Need_To_Know_About_Tax_Shelters_In_Canada_Tax_Tip_Weekly
Taxation   Offshore Tax Shelters   Why they are difficult to detect
7:06

Taxation Offshore Tax Shelters Why they are difficult to detect

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  • Duration: 7:06
  • Updated: 17 Apr 2016
  • views: 48
videos
This presentation will provide examples of how tax havens work including references to the Panama Leaks. The presentation is about solutions including involvement of all countries around the world as part of stronger banking regulations as well as tax treaties. The presentation will talk about the UN and its needs to provide more oversight and audits when it comes to foreign aid.
https://wn.com/Taxation_Offshore_Tax_Shelters_Why_They_Are_Difficult_To_Detect
Rich using offshore tax havens exposed
1:16

Rich using offshore tax havens exposed

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  • Duration: 1:16
  • Updated: 04 Apr 2013
  • views: 2049
videos
http://www.euronews.com/ The International Consortium of Investigative Journalists (==ICIJ==) has obtained an unprecedented cache of information about cash in tax havens and begun to publish its findings. The names of thousands of people have been revealed and their wealth management plans disclosed. Many involve secret companies set up in the British Virgin Islands (BVI). Several high-profile politicians have been named and potentially shamed. French President Francois Hollande's campaign manager Jean-Jacques Augier has links to a BVI company. While the President of Azerbaijan Ilham Aliyev and members of his family are also identified within the leaked information. Analysts estimate that the offshore industry could be as large as 25 trillion euros in size. Those who hide their offshore interests face legal action in their home countries. International Consortium of Investigative Journalists website: ==ICIJ== Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
https://wn.com/Rich_Using_Offshore_Tax_Havens_Exposed
Paradise Papers: Global elite used offshore accounts to avoid taxes
4:12

Paradise Papers: Global elite used offshore accounts to avoid taxes

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  • Duration: 4:12
  • Updated: 06 Nov 2017
  • views: 9821
videos
The so-called "Paradise Papers," a leak of 13.4 million files, have named people and companies from around the globe who shelter their wealth in tax havens ‒ a practice blamed for draining billions of dollars from national coffers. RT America’s Alex Mihailovich names the names listed in the leak. Find RT America in your area: http://rt.com/where-to-watch/ Or watch us online: http://rt.com/on-air/rt-america-air/ Like us on Facebook http://www.facebook.com/RTAmerica Follow us on Twitter http://twitter.com/RT_America
https://wn.com/Paradise_Papers_Global_Elite_Used_Offshore_Accounts_To_Avoid_Taxes
Tax Havens • Explained With Maps
5:08

Tax Havens • Explained With Maps

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  • Duration: 5:08
  • Updated: 10 Jan 2015
  • views: 26077
videos
Tax havens play an important role in the globalization of capital markets, but also threaten their stability and structure. What are the properties of tax havens? How profit private persons, companies and the organized crime from tax havens? Video transcript and images: http://explainedwithmaps.com/tax-havens/
https://wn.com/Tax_Havens_•_Explained_With_Maps
Procter & Gamble finds itself involved in leak of offshore tax shelter documents
0:29

Procter & Gamble finds itself involved in leak of offshore tax shelter documents

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  • Duration: 0:29
  • Updated: 21 Nov 2017
  • views: 34
videos
CINCINNATI (WKRC) - Procter & Gamble finds itself caught up in the leak of the "Paradise Papers." The documents expose the offshore tax secrets of the rich, as well as large companies. Dutch media reports officials there signed off on an agreement to help P&G divert profits to the Cayman Islands. The report says that saved the company $169 million. The government in the Netherlands has opened an investigation. P&G says it did not avoid paying taxes.
https://wn.com/Procter_Gamble_Finds_Itself_Involved_In_Leak_Of_Offshore_Tax_Shelter_Documents
Tax Havens or Tax Envasion: Economist James Henry on $3.5 T Offshore
35:01

Tax Havens or Tax Envasion: Economist James Henry on $3.5 T Offshore

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  • Duration: 35:01
  • Updated: 11 Jan 2016
  • views: 238
videos
You're not going to believe my interview with economist James Henry on the $30 Trillion dollars in tax havens! Some of the highlights: Tax havens are being used to hide and house 15% of the world’s wealth. Shell companies are being used off shore so that corporations avoid paying taxes. Representation without taxation. We tried inflation, debt and privations but the only way to support a society is taxes. It’s not a Global Mafia: it’s worse, the rich and corporations have created laws to support their ability to evade paying taxes. The difference between tax shelter and tax evasion is a jail cell. Since the recession the top 1% is not only making insane profits but avoiding paying more and more taxes. A Great Society cannot survive without having the means to support it and a regressive tax policy is not the way to do it. The rich are getting richer and paying less and less in taxes while the middle and lower classes’ “real” income is lower than the 70s and we are being taxed more through income, sales and service taxes. The Price We Pay - Le Prix à Payer - Film http://www.thepricewepay.ca We're Not Broke http://werenotbrokemovie.com The Tax Justice Network http://www.taxjustice.net Jame's book Blood Bankers and can be found on Amazon
https://wn.com/Tax_Havens_Or_Tax_Envasion_Economist_James_Henry_On_3.5_T_Offshore
two minute challenge offshore tax shelters
2:01

two minute challenge offshore tax shelters

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  • Duration: 2:01
  • Updated: 23 Jun 2014
  • views: 5
videos
https://wn.com/Two_Minute_Challenge_Offshore_Tax_Shelters
The new tax havens
13:47

The new tax havens

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  • Duration: 13:47
  • Updated: 15 Aug 2011
  • views: 112117
videos
American companies are finding new overseas tax havens to legally protect some of their profits from the U.S. tax rate of 35 percent, among the highest in the world. Lesley Stahl reports.
https://wn.com/The_New_Tax_Havens