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A neo-liberal toll free Paradise for the super rich and tax hell for wage earners

November 9, 2017 by Dennis Kefalakos 2 Comments

Despite the hullaballoo in main stream media about Queen Elizabeth’s investments in tax-havens and the implication of the US Trade Secretary Wilbur Ross in a Russia related offshore firm, the shocking revelation in the Paradise Papers is that London appears as the largest money washing machine of the world. The biggest single disclosure is that […]

Filed Under: Policy Tagged With: Appleby, Bermuda, Britain, Cayman Islands, Channel Islands, Citibank, Credit Suisse, Delaware, Donald Trump, European Union, Goldman Sachs, Guernsey, Holland, Hong Kong, HSBC Bank, Ireland, Isle of Man, Jean-Claude Juncker, Jersey, JPMorgan Chase, KPMG, Lloyds Banking Group, Luxembourg, Major Reginald Appleby, Mauritius, money laundering, Montana, Nevada, New York, Panama Papers, Paradise Papers, PricewaterhouseCoopers, PwC, Queen Elizabeth, Santander UK, Seychelles, Shanghai, South Dakota, Standard Chartered, Switzerland, Tax avoidance, tax fraude, tax haven, the British Virgin Islands, the Royal Bank of Scotland Group, US, Wilbur Ross, Wyoming

“We need to use the momentum globally to ensure that corporations pay their fare share of taxation”, EU Commissioner Valdis Dombrovskis outlines from the World Economic Forum 2017.

January 25, 2017 by Chris Anyfantis Leave a Comment

At the third day of the World Economic Forum 2017 in Davos, the session “Taxation without Borders: A Fair Share from Multinationals” took place where tax-base erosion and profit shifting policies were discussed in view of the Panama Papers and the fact that countries lose tones of money when multinationals implement such strategies. Emerging countries […]

Filed Under: Economy, EUGlobe, Policy, World Tagged With: Apple, Ángel Gurría, beneficial ownership structure, Brexit, Davos, EC, emerging countries, EU, inequality, italian referendum, Mateusz Morawiecki, multinationals, OECD, Oxfam International, Panama Papers, QE, taxation, U.S. elections, Valdis Dombrovskis, WEF 2017, Winnie Byanyima

The EU checks the multinationals for tax fraud but Britain may sail out of the EU via Panama

April 14, 2016 by Dennis Kefalakos Leave a Comment

The Panama Papers did not offer to the world community much more news than most people already knew. For example, the ‘revelation’ that a close friend to the Russian President Vladimir Putin was enormously rich without having labored for his wealth, is no news at all. Every Russian or informed citizen in the entire world […]

Filed Under: Economy, Policy, World Tagged With: Britain, Brussels, David Cameron, earnings, EU, European Union, Eurosceptic, London, Lord Hill, Mossack – Fonseca, multinationals, Offshore, oligarchy, Panama Papers, profits, referendum, super-rich, tax fraude, tax havens, taxation, Tories, UK, Vladimir Putin

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A neo-liberal toll free Paradise for the super rich and tax hell for wage earners

“We need to use the momentum globally to ensure that corporations pay their fare share of taxation”, EU Commissioner Valdis Dombrovskis outlines from the World Economic Forum 2017.

The EU checks the multinationals for tax fraud but Britain may sail out of the EU via Panama

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