• 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • Ras Al Khaimah Company Formation | Low-cost Tax Shelter

    https://www.varaluae.com/company-formation-in-dubai/freezone-company-in-uae/ras-al-khaimah-company-formation Ras Al Khaimah company formation: RAKIA free zone start-up cost, documents required, employee visa RAKIA free zone companies are absolutely tax free. No income, wealth, capital gains or sales taxes are levied. Ras Al Khaimah company formation in Ras Al Khaimah Investment Authority (RAKIA) free zone starts at AED 21,000 [US$ 5,753], not including minimal office space for a commercial trading license. This financial fee goes up for different license types and company types and other license setup costs are more. Ras Al Khaimah company formation register renewal fee starts at AED 15,000 [US$ 4110]. Documents required are: Your passport Utility bill from your residence as proof of...

    published: 12 Jul 2015
  • Off shore Tax Shelter Information & why use International Tax Havens?

    http://www.thepanamalawyer.com Detailed explanation of who has already moved to Offshore Business Model.What are the benefits of an Off shore company in Panama and why consider Panama as one of the Worlds best Tax Havens

    published: 05 Dec 2008
  • 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
  • 2012 Best Investments, Offshore, Private, Tax Haven, Collateral Guarantee, Exit Options

    2012 Best Investment! So called Investment Experts gained $millions while loosing Investors $Trillions. Let's get Back to Basics! Take an Honest Look at a Private Investment that's Sound, Basic and offers Dedicated Customers, Loyal Clientele, Collateral Guarantee, Exit Options, Generous ROI

    published: 01 Jan 2012
  • Is the US Today's Biggest Tax Haven? An Offshore Discussion with Strategist Michael Menzies

    Register for the upcoming webinar here: http://borderlesssociety.com/webinar/ See the post for this podcast here: http://www.borderlessblog.com/is-the-us-todays-tax-haven-offshore-discussion-with-strategist-michael-menzies/ While the US government has been cracking down on governments and banks throughout the world, forcing them to submit to onerous regulations that divulge your private information, why have they refused to do the same? Is the US the world's new favorite tax haven? Michael Menzies of Pembroke Tax Advisors is Jonathan's new tax strategist, and in this week's episode we discuss this--along with offshore structures, and why challenging assumptions is a must today. Show Notes: Michael's Bio (3:20) So You Want an Offshore Strategy? (4:10) Bloomberg Article on Tax Havens (4...

    published: 01 Feb 2016
  • What is the Delaware Loophole

    A tax haven is a jurisdiction where particular taxes, such as an inheritance tax or income tax, are levied at a low rate or not at all. It may also refer to a state, country, or territory which maintains a system of financial secrecy, which enables foreign individuals to hide assets or income to avoid or reduce taxes in the home jurisdiction. Earnings from income generated from real estate (i.e. by renting property owned in an offshore jurisdiction) can also be eliminated in this way. If taxes (if any) are paid in the tax haven jurisdiction, companies can avoid taxes in their home jurisdiction because the tax had already been paid in the lower tax rate jurisdiction. Some taxes (such as inheritance tax on the real estate, VAT on the initial purchase price of the real estate, or transfer tax...

    published: 21 May 2016
  • 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
  • RAK Offshore Company (Dubai Offshore Company) United Arab Emirates

    The Emirate of Ras Al Khaimah is one of the most interesting jurisdictions for the formation of an offshore company. Setting up a offshore company in the United Arab Emirates, like a RAK offshore company offers endless possibilities for international entrepreneurs and investors. Our experienced team would be glad to assisting you with the UAE company formation and with an offshore bank account. Dubai Offshore banking is an excellent solution for net-worth individuals seeking an offshore bank account in one of the most stable and well known jurisdictions. Especially, the Emirate of Ras Al Khaimah (RAK) offers very forward thinking and future-proof solutions with RAK Offshore companies and RAK Freezone companies. A Ras Al Khaimah Company is an excellent tool for international business and b...

    published: 04 Jun 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
  • How American Game Companies Avoid Paying Income Tax

    A detailed description of how wealthy game corporations get away with what would be a crime if the rest of us tried it. This is really all thanks to a Dutch journalist named Jesse Frederick, whose story you can find here: https://thecorrespondent.com/6942/bermuda-guess-again-turns-out-holland-is-the-tax-haven-of-choice-for-us-companies/417639737658-b85252de Super rad thanks to Ace Waters for the super rad cover tunes: https://www.youtube.com/user/acewatersthe3rd/about

    published: 10 Aug 2017
  • President Obama vows to end offshore tax shelters

    President Obama pledged to crack down on American companies and individuals who evade taxes via offshore tax havens.

    published: 06 May 2009
  • Apple rejects ‘Paradise Papers’ allegations that it a bused offshore tax shelters

    Apple rejects ‘Paradise Papers’ allegations that it abused offshore tax shelters. Apple, the world’s most valuable company, finds itself once again at the center of an international controversy about the ways U.S. corporations use international tax havens to dodge their tax bills. In a detailed response to allegations published yesterday as part of the “Paradise Papers” project, Apple insisted that it pays its fair share and follows the law. “Apple believes every company has a responsibility to pay its taxes, and as the largest taxpayer in the world, Apple pays every dollar it owes in every country around the world,” the company wrote. “We’re proud of the economic contributions we make to the countries and communities where we do business.” As Apple has experienced astonishing success ov...

    published: 07 Nov 2017
  • Offshore Tax Shelters Revealed

    published: 08 Feb 2018
developed with YouTube
12 Best Tax Haven in the World | Offshore Tax Havens | Tax Havens Countries

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

  • Order:
  • Duration: 11:03
  • Updated: 29 May 2017
  • views: 1048
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
KPMG and Tax Havens for the Rich : The Untouchables - the fifth estate

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

  • Order:
  • Duration: 43:00
  • Updated: 04 Mar 2017
  • views: 61569
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
The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

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

  • Order:
  • Duration: 16:50
  • Updated: 23 May 2013
  • views: 21751
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
How Tax Shelters Work

How Tax Shelters Work

  • Order:
  • Duration: 1:44
  • Updated: 22 Sep 2012
  • views: 16033
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
Paradise Papers: How tax havens work and why they are a problem

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

  • Order:
  • Duration: 3:00
  • Updated: 05 Nov 2017
  • views: 58336
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
KPMG offshore tax dodge

KPMG offshore tax dodge

  • Order:
  • Duration: 3:11
  • Updated: 04 Mar 2017
  • views: 2558
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
Tax Havens: The Great Scam

Tax Havens: The Great Scam

  • Order:
  • Duration: 3:45
  • Updated: 21 Nov 2012
  • views: 36425
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
Transfer pricing and tax havens | Taxes | Finance & Capital Markets | Khan Academy

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

  • Order:
  • Duration: 6:47
  • Updated: 08 Oct 2012
  • views: 149498
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
Google's $2 Billion Tax Shelter

Google's $2 Billion Tax Shelter

  • Order:
  • Duration: 3:55
  • Updated: 11 Dec 2012
  • views: 6747
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
Tax Havens • Explained With Maps

Tax Havens • Explained With Maps

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  • Duration: 5:08
  • Updated: 10 Jan 2015
  • views: 24627
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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
LEGAL WAYS TO AVOID PAYING TAX - The Super Rich Elite are Doing It, So Why Dont You?

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

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  • Duration: 2:01
  • Updated: 14 Jul 2014
  • views: 26151
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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
Ras Al Khaimah Company Formation | Low-cost Tax Shelter

Ras Al Khaimah Company Formation | Low-cost Tax Shelter

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  • Duration: 1:07
  • Updated: 12 Jul 2015
  • views: 1774
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https://www.varaluae.com/company-formation-in-dubai/freezone-company-in-uae/ras-al-khaimah-company-formation Ras Al Khaimah company formation: RAKIA free zone start-up cost, documents required, employee visa RAKIA free zone companies are absolutely tax free. No income, wealth, capital gains or sales taxes are levied. Ras Al Khaimah company formation in Ras Al Khaimah Investment Authority (RAKIA) free zone starts at AED 21,000 [US$ 5,753], not including minimal office space for a commercial trading license. This financial fee goes up for different license types and company types and other license setup costs are more. Ras Al Khaimah company formation register renewal fee starts at AED 15,000 [US$ 4110]. Documents required are: Your passport Utility bill from your residence as proof of address Ras Al Khaimah company formation minimum capital accounts that is registered is around AED 150,000 [US$ 41,100]. However this need not be shown as paid. No proof is demanded. If there is only one shareholder, then personal presence is not required. What if you need employee visas? If you need any employee visas you need to have a shared flexi-desk established at about AED 8,000 [US$ 2,200] per annum terms. This allows you to be eligible for ownership of legal visas. The 1 year limit visa costs are around AED 5,500 [US$ 1,512]. RAKIA free zone foreign company formation fee for completing the licensing process is AED 13,000 [US$ 3562] but can be lower depending on your requirements. The cost of processing the visas is separate. For this fee you get an absolute commitment to ensure that your work is completed at the earliest possible. The specific agent activities that you need to do in your company will define the kind of annual license you need for your users.
https://wn.com/Ras_Al_Khaimah_Company_Formation_|_Low_Cost_Tax_Shelter
Off shore Tax Shelter Information & why use International Tax Havens?

Off shore Tax Shelter Information & why use International Tax Havens?

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  • Duration: 1:00
  • Updated: 05 Dec 2008
  • views: 766
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http://www.thepanamalawyer.com Detailed explanation of who has already moved to Offshore Business Model.What are the benefits of an Off shore company in Panama and why consider Panama as one of the Worlds best Tax Havens
https://wn.com/Off_Shore_Tax_Shelter_Information_Why_Use_International_Tax_Havens
Paradise Papers: Global elite used offshore accounts to avoid taxes

Paradise Papers: Global elite used offshore accounts to avoid taxes

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  • Duration: 4:12
  • Updated: 06 Nov 2017
  • views: 9779
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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
2012 Best Investments, Offshore, Private, Tax Haven, Collateral Guarantee, Exit Options

2012 Best Investments, Offshore, Private, Tax Haven, Collateral Guarantee, Exit Options

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  • Duration: 2:20
  • Updated: 01 Jan 2012
  • views: 162
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2012 Best Investment! So called Investment Experts gained $millions while loosing Investors $Trillions. Let's get Back to Basics! Take an Honest Look at a Private Investment that's Sound, Basic and offers Dedicated Customers, Loyal Clientele, Collateral Guarantee, Exit Options, Generous ROI
https://wn.com/2012_Best_Investments,_Offshore,_Private,_Tax_Haven,_Collateral_Guarantee,_Exit_Options
Is the US Today's Biggest Tax Haven? An Offshore Discussion with Strategist Michael Menzies

Is the US Today's Biggest Tax Haven? An Offshore Discussion with Strategist Michael Menzies

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  • Duration: 48:20
  • Updated: 01 Feb 2016
  • views: 171
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Register for the upcoming webinar here: http://borderlesssociety.com/webinar/ See the post for this podcast here: http://www.borderlessblog.com/is-the-us-todays-tax-haven-offshore-discussion-with-strategist-michael-menzies/ While the US government has been cracking down on governments and banks throughout the world, forcing them to submit to onerous regulations that divulge your private information, why have they refused to do the same? Is the US the world's new favorite tax haven? Michael Menzies of Pembroke Tax Advisors is Jonathan's new tax strategist, and in this week's episode we discuss this--along with offshore structures, and why challenging assumptions is a must today. Show Notes: Michael's Bio (3:20) So You Want an Offshore Strategy? (4:10) Bloomberg Article on Tax Havens (4:58) US government double-standard (7:12) What is a trust? (8:27) What can go into a trust? (13:07) US States with the most tax-preferential trust laws (15:00) Real estate reporting (18:16) Separating from US a mistake? (19:12) Expatriation tax (20:00) Renounce before wealth? (21:29) Pros of maintaining citizenship (24:43) Challenging assumptions (27:13) Discussion of social safety net (28:46) The Condescending Group ad (31:41) Offshore strategy? Tax strategist of primary importance (33:00) Why Jonathan decided not to go offshore for 2016 (33:49) Going offshore: reducing risks (36:09) Tax changes for 2016 / Webinar on Feb. 6th (38:00) Michael's best advice (43:20) Michael's organic farm & distillery (44:45)
https://wn.com/Is_The_US_Today's_Biggest_Tax_Haven_An_Offshore_Discussion_With_Strategist_Michael_Menzies
What is the Delaware Loophole

What is the Delaware Loophole

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  • Duration: 8:56
  • Updated: 21 May 2016
  • views: 1021
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A tax haven is a jurisdiction where particular taxes, such as an inheritance tax or income tax, are levied at a low rate or not at all. It may also refer to a state, country, or territory which maintains a system of financial secrecy, which enables foreign individuals to hide assets or income to avoid or reduce taxes in the home jurisdiction. Earnings from income generated from real estate (i.e. by renting property owned in an offshore jurisdiction) can also be eliminated in this way. If taxes (if any) are paid in the tax haven jurisdiction, companies can avoid taxes in their home jurisdiction because the tax had already been paid in the lower tax rate jurisdiction. Some taxes (such as inheritance tax on the real estate, VAT on the initial purchase price of the real estate, or transfer tax, annual immovable property taxes, and municipal real estate taxes) cannot be avoided or reduced, as these are levied by the country the real estate where the property is located, and hence need to be paid just the same as any other resident of that country. The only thing that can be done is picking a country that has the smallest rates on these taxes (or even no such taxes at all) before buying any real estate. Individuals or corporate entities may establish shell subsidiaries or move themselves to areas with reduced or no taxation levels relative to typical international taxation. This creates a situation of tax competition among jurisdictions. Different jurisdictions may be havens for different types of taxes, and for different categories of people or companies. sovereign jurisdictions or self-governing territories under international law have the power to enact tax laws affecting their territories, unless limited by previous international treaties. A 2012 report by the British Tax Justice Network estimated that between US$21 trillion and $32 trillion is sheltered from taxes in unreported tax havens worldwide. If such wealth earns 3% annually and such capital gains were taxed at 30%, it would generate between $190 billion and $280 billion in tax revenues, more than any other tax shelter. If such hidden offshore assets are considered, many countries with governments nominally in debt are shown to be net creditor nations. However, despite being widely quoted, the methodology used in the calculations has been questioned, and the tax policy director of the Chartered Institute of Taxation also expressed skepticism over the accuracy of the figures. Another recent study estimated the amount of global offshore wealth at the smaller—but still sizable—figure of US$7.6 trillion. This estimate included financial assets only: "My method probably delivers a lower bound, in part because it only captures financial wealth and disregards real assets. After all, high-net-worth individuals can stash works of art, jewelry, and gold in 'freeports,' warehouses that serve as repositories for valuables—Geneva, Luxembourg, and Singapore all have them. High-net-worth individuals also own real estate in foreign countries." A study of 60 large US companies found that they deposited $166 billion in offshore accounts during 2012, sheltering over 40% of their profits from U.S. taxes. Wikipedia: https://en.wikipedia.org/wiki/Tax_haven DocumentaryFR3AK Twitter: https://twitter.com/docuFR3AK Youtube: https://www.youtube.com/channel/UC8Gx6FMI78NSKSj16L-37LA Facebook: https://www.facebook.com/profile.php?id=100012441496975
https://wn.com/What_Is_The_Delaware_Loophole
Taxation   Offshore Tax Shelters   Why they are difficult to detect

Taxation Offshore Tax Shelters Why they are difficult to detect

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  • Duration: 7:06
  • Updated: 17 Apr 2016
  • views: 46
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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
RAK Offshore Company (Dubai Offshore Company) United Arab Emirates

RAK Offshore Company (Dubai Offshore Company) United Arab Emirates

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  • Duration: 2:37
  • Updated: 04 Jun 2015
  • views: 15497
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The Emirate of Ras Al Khaimah is one of the most interesting jurisdictions for the formation of an offshore company. Setting up a offshore company in the United Arab Emirates, like a RAK offshore company offers endless possibilities for international entrepreneurs and investors. Our experienced team would be glad to assisting you with the UAE company formation and with an offshore bank account. Dubai Offshore banking is an excellent solution for net-worth individuals seeking an offshore bank account in one of the most stable and well known jurisdictions. Especially, the Emirate of Ras Al Khaimah (RAK) offers very forward thinking and future-proof solutions with RAK Offshore companies and RAK Freezone companies. A Ras Al Khaimah Company is an excellent tool for international business and banking, with an outstanding reputation. UAE is an excellent jurisdiction for doing banking and business within the EU and other countries without problems. This is due to the fact that the Emirates is usually not considered as a tax haven. GWS Middle East FZE is a fully licensed agent of the Government of Ras Al Khaimah, and offers offshore company formation, bank account opening and fiduciary services. For further information visit : http://www.dubai-offshore.com/rak-offshore-company/
https://wn.com/Rak_Offshore_Company_(Dubai_Offshore_Company)_United_Arab_Emirates
Procter & Gamble finds itself involved in leak of offshore tax shelter documents

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

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  • Duration: 0:29
  • Updated: 21 Nov 2017
  • views: 32
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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
How American Game Companies Avoid Paying Income Tax

How American Game Companies Avoid Paying Income Tax

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  • Duration: 11:59
  • Updated: 10 Aug 2017
  • views: 228771
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A detailed description of how wealthy game corporations get away with what would be a crime if the rest of us tried it. This is really all thanks to a Dutch journalist named Jesse Frederick, whose story you can find here: https://thecorrespondent.com/6942/bermuda-guess-again-turns-out-holland-is-the-tax-haven-of-choice-for-us-companies/417639737658-b85252de Super rad thanks to Ace Waters for the super rad cover tunes: https://www.youtube.com/user/acewatersthe3rd/about
https://wn.com/How_American_Game_Companies_Avoid_Paying_Income_Tax
President Obama vows to end offshore tax shelters

President Obama vows to end offshore tax shelters

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  • Duration: 1:41
  • Updated: 06 May 2009
  • views: 370
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President Obama pledged to crack down on American companies and individuals who evade taxes via offshore tax havens.
https://wn.com/President_Obama_Vows_To_End_Offshore_Tax_Shelters
Apple rejects ‘Paradise Papers’ allegations that it a bused offshore tax shelters

Apple rejects ‘Paradise Papers’ allegations that it a bused offshore tax shelters

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  • Duration: 5:34
  • Updated: 07 Nov 2017
  • views: 0
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Apple rejects ‘Paradise Papers’ allegations that it abused offshore tax shelters. Apple, the world’s most valuable company, finds itself once again at the center of an international controversy about the ways U.S. corporations use international tax havens to dodge their tax bills. In a detailed response to allegations published yesterday as part of the “Paradise Papers” project, Apple insisted that it pays its fair share and follows the law. “Apple believes every company has a responsibility to pay its taxes, and as the largest taxpayer in the world, Apple pays every dollar it owes in every country around the world,” the company wrote. “We’re proud of the economic contributions we make to the countries and communities where we do business.” As Apple has experienced astonishing success over the past decade and seen its income and profits surge, the company has also been battling ongoing allegations that it has become one of the planet’s largest tax dodgers.
https://wn.com/Apple_Rejects_‘Paradise_Papers’_Allegations_That_It_A_Bused_Offshore_Tax_Shelters
Offshore Tax Shelters Revealed

Offshore Tax Shelters Revealed

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  • Duration: 2:16
  • Updated: 08 Feb 2018
  • views: 0
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https://wn.com/Offshore_Tax_Shelters_Revealed
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