What VIPs have been involved in that Canal Papers?

[gxnn]

You know what I mean. We cannot access to such highly sensitive things from this part of the world due to the big power of firewall.
That canal is not the one located in Egypt.
We just want to know what dirty things some people have done taking advantage of their power while acting as upright parents before their subjects.

 

[phrodeau]

Nothing definite; just allegations. Some heads have rolled; Iceland's PM stepped down two weeks ago, and Brazil's President is in hot water.

How do you manage Literotica with a firewall?

 

[gxnn]

That i can access to this site is nothing less than a wonder, but it is true, i do not use any device than the everyday and normal things.

We cannot have face book and twitter, tumblr, instagram here either, but i know some people can use something like VPN or they term it as "scale the wall" to get what they want, but it costs some money and it is illegal, you can always manage to do things illegal even in North Korea, only it is very risky.

Everybody has his own curiosity, you know. Thank you for your reply.

 

[oggbashan]

The papers relate to one lawyer's company in Central America.

There are many other places around the world where similar activities are possible, and more companies in the original country.

All we have seen is a tiny part of a single country's tax avoiding operation.

However, almost everything revealed is legal - in here - even if NOT legal in the country from where the money came.

For Chinese citizens, Hong Kong is the first place to hide your money until 'one country, two systems' is ended.

Quote from Wikipedia on tax havens:

The U.S. National Bureau of Economic Research has suggested that roughly 15% of the countries in the world are tax havens, that these countries tend to be small and affluent, and that better governed and regulated countries are more likely to become tax havens, and are more likely to be successful if they become tax havens.

Switzerland
Luxembourg—primarily a conduit tax haven

Other sovereign countries that have such low tax rates and lax regulation that they can be considered semi-tax havens are:

Netherlands— primarily a conduit tax haven
United States— favoured for its tax secrecy

Non-sovereign jurisdictions commonly labelled as tax havens include:

Jersey (United Kingdom)
Isle of Man (United Kingdom)
British Overseas Territories
Bermuda[36]
British Virgin Islands
Cayman Islands[39]
Delaware, United States
Puerto Rico (United States)

Some tax havens, including some of the ones listed above, do charge income tax as well as other taxes such as capital gains tax, inheritance tax, and so forth. Criteria distinguishing a taxpayer from a non-taxpayer can include citizenship and residency and source of income. For example, in the United States foreign nonresidents are not charged various taxes including income tax on interest on U.S. bank deposits by income tax; since the Clinton administration the IRS has proposed collecting information on these depositors to share with their home countries as a regulation; these regulations were eventually finalized in April 2012.

In September 2013, British Prime Minister David Cameron said "I do not think it is fair any longer to refer to any of the Overseas Territories or Crown Dependencies as tax havens. They have taken action to make sure that they have fair and open tax systems. It is very important that our focus should now shift to those territories and countries that really are tax havens." Mr Cameron's comments were interpreted as a direct reference to Jersey, Guernsey, Isle of Man, the British Virgin Islands and the Cayman Islands, and followed a period of negotiations with those (and other) British territories during which those jurisdictions had made a number of concessions relating to tax transparency and sharing of information.[45] Anti-tax haven pressure groups immediately accused the Prime Minister of taking leave of his senses, and commenting sarcastically "It was Cameron's father's tax haven activities that are repotted [sic] to have paid for his Eton education. Was it ever realistic to think he'd change his spots?"

From the BBC:

Close relatives of seven current or former Chinese leaders have been found to have links to offshore firms.

Documents leaked from [that place] name family members of the Chinese President, Xi Jinping, and two other members of China's elite Standing Committee, Zhang Gaoli and Liu Yunshan.

Relatives of the three men are listed as directors or shareholders in firms located in known tax havens.

The Chinese government has not responded to requests for comment.

The names appeared in a mass leak of files from [that place's] law firm.

 

[Raziel83]

Nordea, the biggest bank in Scandinavia was caught teaching their customers how to dodge taxes illegally and when the customers filed papers that had evidence of fraud the bank simply told them to cover their tracks better.

...This may be the end of that particular bank.

 

[phrodeau]

Ogg, you said the P word.

 

[oggbashan]

Ogg, you said the P word.

Did I say phrodeau?

My apologies. It was inadvertent.

 

[phrodeau]

Did I say phrodeau?

My apologies. It was inadvertent.

No, the country with the canal. It may prevent the thread from being read by the OP.

 

[oggbashan]

No, the country with the canal. It may prevent the thread from being read by the OP.

OK. Thanks. I'll edit but I think some of the other references will trigger a block too.

 

[smartjuanxxx]

You know what I mean. We cannot access to such highly sensitive things from this part of the world due to the big power of firewall.
That canal is not the one located in Egypt.
We just want to know what dirty things some people have done taking advantage of their power while acting as upright parents before their subjects.

CuntClinton

DickClitman

and

Tom (WORKS FOR THE CUNTCLINTON CAMPAIGN)Podesta!

 

[phrodeau]

That's your list of Very Important People, is it?