French investigation into HSBC's Swiss private bank over a suspected tax-dodging scheme for wealthy customers has ended, bringing it a step closer to a possible trial, a judicial source said. Read full article
Britain's unique “non-dom” tax concession allow the rich to evade taxes, depriving the UK and other countries of such revenue.
People living in Britain are allowed to claim “non-domiciled” status, avoiding several British taxes if they keep their fortune out of the country. Many of those non-doms legally hide fortunes in HSBC’s Swiss private bank, behind a wall of bank secrecy, making it possible for some individuals to avoid taxes on their wealth anywhere in the world.
@1. Yeah, it's horrific. Much the same as the EU 'withholding tax'. Australia has much the same. And the United States. So that's 29 other countries that do the same. Then there's Canada and Switzerland. That's 31. And Ireland. 32. And New Zealand and Morocco. 34. Not unique then, is it?
And there we have the state of someone's educational system. Strange since argieland operates the same system.
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Disclaimer & comment rulesBritain's unique “non-dom” tax concession allow the rich to evade taxes, depriving the UK and other countries of such revenue.
Feb 18th, 2015 - 03:33 am - Link - Report abuse 0People living in Britain are allowed to claim “non-domiciled” status, avoiding several British taxes if they keep their fortune out of the country. Many of those non-doms legally hide fortunes in HSBC’s Swiss private bank, behind a wall of bank secrecy, making it possible for some individuals to avoid taxes on their wealth anywhere in the world.
http://www.theguardian.com/business/2015/feb/11/hsbc-files-reveal-how-uks-non-dom-tax-concession-is-being-exploited?CMP=EMCNEWEML6619I2
I understand that Venezuela is the most deeply implicated of all.
Feb 18th, 2015 - 10:39 am - Link - Report abuse 0@1. Yeah, it's horrific. Much the same as the EU 'withholding tax'. Australia has much the same. And the United States. So that's 29 other countries that do the same. Then there's Canada and Switzerland. That's 31. And Ireland. 32. And New Zealand and Morocco. 34. Not unique then, is it?
Feb 18th, 2015 - 04:02 pm - Link - Report abuse 0And there we have the state of someone's educational system. Strange since argieland operates the same system.
@1
Feb 19th, 2015 - 03:55 am - Link - Report abuse 0So what is your point exactly?
Do you know how many countries are involved in the HSBC Tax Scandal?
Do you know how many are investigating, (UK, USA, France, Belgium)... and how many are keeping quiet, (Russia etc.) ??
How far is the Argentine Gov implicated?
And Vene-cuba is up to their necks with the boli-garchs dirty money involved.
Why not do some research and report back Enrique?
I thought you claimed to be a journalist?
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