Reading through the names of the 35 current and former world leaders and other powerful political figures most implicated Tony Blair comes out highest on the Western side.
Exactly. What'll probably end up happening eventually with this kind of info is crackdown on the people that these journalists don't like (Guardian defended the Blair's in their article because they are cut from the same cloth as their owners, neoliberal globalists) and will also start pushing for tax harmony that only centralizes even further government control, will likely just tighten the net around the poor and middle classes whilst the elites build in just another system to avoid the new measures in plain sight and no one will do or say anything about it.
Modern day gangsters without the violence. These are people that are creating wealth for themselves while the rest of the world is taxed to the point of starvation.
If you are going to take the moral highground here then perhaps aim your sights at those who impose income tax on us in the first place. Taxation is immoral
@@jebremocampo9194 just a young working class brit, who realises that the state stealing someone's wealth by the means of a monopoly on violence is deeply deeply disturbing.
Oh no, there definitely is violence- just out of sight, out of mind, off in Sri Lanka or somewhere these people are paying children to work, often with unliveable earnings and the threat of being out on the street or violence... But to the type of person replying to this comment- that's not theft- it's only theft if someone is taxed to provide for people in need...
This has never been a secret and, as the people who use these type of tax avoidance schemes are the very same people who make up laws relating to tax and tax avoidance schemes, there's (legally) no issue here.
Therein lies the real scandal. While the middle class can't avoid tax unless they turn to illegal means and the poor get thrown the scraps, the wealthy pay a far, far smaller percentage of their wealth in taxes, yet that is all legal. Worse, of course, that Bezos's space escapades are treated with awe by the media, yet those forced to scrape together a living are vilified.
Panama, cumex, Afghanistan papers DO enact change. Don’t give up just because it sometimes feel slow or fought back. Do your civic duty, for your own justice!
Asalamalaykum Something I have been in search for quite sometime is a connection with somebody that goes beyond vanity. It's very hard to do in this day and age. People can be, somewhat very superficial. On my quest to achieve this I have learnt a lot about human nature. It seems to me that those who are not given traits such as beauty or being wealthy are some of the nicest, kindest and generous people. While the "gorgeous" and well off seem to be the most arrogant and greedy people out there. Of course that's not to say there aren't beautiful kind people out there. I've been in the process of change for a while now and I have made some decent changes but don't you just hate it when people can't let go of your past mistakes. I saw your profile and it intrigued me. I wanted to learn more about who you are and what type of path you would like on in life. Can we talk?
Don't be silly, we've just had over 3 minutes of the most in-depth reporting for decades, the amount of detail they released about the Pandora papers was stunning. I'm simply glad they didn't pad-out the video with barely relevant information about buying a company in Singapore, as that would have been a shame. Hold tight...it's going to be quite a ride!!!! xD
Actually, Panama only holds 0,27% of the offshores companies around the world, and after the release of the "Panama Papers" the country closed 50% of those companies, and included more strict measures, so actually something was done.
@@jenniferfigueroa1006 Maybe the 50% that were closed down simply moved their money to the other 50% of the companies that kept going. That's what a cynic would suggest btw....not me personally. :D
@@thesunreport ...oh how I wish I had your rather naive optimism. Nothing will get done about this. Its happened since Adam was a lad. The ones at the top can simply silence anyone who threatens their position at the top of the shitheap
Why would they? They kept their own things safe. You should NOT ask why they can avoid tax but rather why the rest of us cannot avoid it? Eradicate tax? Or have a flat 5% tax rate. That way no one would try to leave.
@@Zeddem I'm pretty sure that the wealthy didn't steal money from me. If Apple makes my phone slow down to try getting me to buy the new one, then yes that's fraudulent. If Tesla continues keeping a strong hold on being the only one to work on Tesla cars and charge a lot, then yes that is oppressive. What "shady stuff" do you accuse the wealthy of?
The people of this country need to occupy the vacant properties being hoarded buy non-domiciled tax-dodgers. No wonder property prices are through the roof.
Unfortunately, they made squatting in residential property illegal. And if you're squatting then all of your property (as in stuff) is basically up for grabs (because all property is theft etc). Not much fun as it turns out 🤷♂️
I don't think they are really bothered if sooner or later the public find out more so if they can avoid paying tax on it so its still worth it even after being found out
when you are rich and powerful, thousands of lawyers, bankers, financial advisors and wealth managers lined up to offer their services to get a cut from your immense wealth.
The rich getting richer system is a club and guess what ... You and me ain't invited. We just exist to pay for all the members' membership fees and their entertainment.
This is the reporting and journalism we expect from the Guardian, thank you for shedding light on this corrupt behaviour, FULL disclosure is needed. We can't hope to turn a corner or have real equality until this stops
No sorry Annabelle but I don't rate Guardians "Journos" they've proven their biases & the attitude towards their own country & people. Agree to disagree☮️ 🙂
It is very important to know who is taking advantage of their positions, by stealing and abusing public money. Many thanks for this excellent research.
It isn't that easy to find that info if nothing is in their name. If we struggled with decades of false expenses then tax havens are on a whole new world to publicise
@@salsabila786 Come on! It’s easy but the publication is also treading on a thin delicate thread here! Only the vulnerable ones were mentioned and not a single American president, not even the P-grabber with his entourage of family members but just Putin? If the real list is made public no politician nor news media will ever point fingers on Africa(only one African president on the list) again when talking about corruption?
Please continue to report on these findings. We heard about the Panama Papers but didn't hear much about the consequences. Apparently some people were made to pay back taxes and some people resigned. I don't remember hearing much.
It's actually very easy to find offshore investments and expensive possessions, if there is a will and a safe place to record, investigate and change, where necessary. Those are the challenges. Too many are turning blind-eyes, acquiescing and jumping on board; those are the secondary problems What would the world be like if everyone complied???
Labour Tony Blair promised he would make the rich pay their fair share of tax to help the worker pay less national insurance and yet he broke that promise, he bought a house to avoid paying stamp duty which was a win win situation for seller as they never paid capital gains tax.
I'm not suggesting any dishonest actions on youtube's end, but I do find it interesting that an informative video, from a successful channel, and about such an important topic, isn't doing well in the algorithm.
They are all crooks- face it. I went to a tax haven on vacation with a guy who was a grandson of a politician some years ago. It was Nassau Bahamas. While there he said he had to go to the bank . Why? His whole family had been hiding money there for 3 generations started by dear old Grandpa who got hooked up when he got up in Government. Then his dad died unexpectedly (aneurysm) and he got into government. I lost touch but he is probably living on the family estate in Bahamas never having paid tax in his entire life with a government pension the size of King Kong.
@@dh1380 he is no where close to the richest man on earth. And he is not a mobster. Not sure where you got this information - but I can assure you it’s utter bs,
If as the gentleman say _"[some] people may have legitimate (and lawful) reasons why they hide their information"_ and that _"not everybody in the Pandora papers are criminals"_ I honestly have to ask the question why is this important? If people are doing these things lawfully, why all the big hoopla; and, why wasn't the distinction between the criminals and the non-criminals more clearly made instead of lumping all these things together?
The one's who are doing it lawfully are taking advantage of some loopholes. These loopholes need to be fixed. That's the most important takeaway from these papers for me.
Because they are taking money out of the system of which could be used for public social programs that solve society's issues. Like poverty, lack of access to things like food, safe to drink water, education, healthcare, etc. Basically, even if it's legal, it's still immoral.
The institutions that released the names of their customers who have money offshore, should be sued by those customers for breach of trust!!!!! I love how some reporters say "it's legal but its frowned upon" well if it's legal than shut up about it!!!!!
You incorrectly described near the end of the video that tax avoidance was wrong. Earlier you had made the correct distinction: tax avoidance - every prudent person’s duty to minimise tax in legal manner ; tax evasion - to illegally evade your obligation to pay tax
This is a clear distinction for monies earned and taxed within one legal jurisdiction. Tax avoidance should be classified as tax evasion when done through overseas tax havens.
Just to be clear, the stamp duty and property taxes on offshore owned property in the UK actually results in a higher tax rate and has done since the crash. So if i but a 20M pound house in london via an offshore entity i would pay an extra 2% plus a lot more in owners taxes than just the council tax. Being incorporated offshore can result in lower taxes but for most UHNW individuals, using such structures affords the moat paramount thing: security though privacy. If a property is known to owned and used by a royal or a UHNWI then the local law enforcement will have a much higher duty of care for securing it due to the increased likelihood of targeting of the property or the people (including staff) connected to the property. These issues are the core reason why most people choose offshore discrete corporate structures for ownership. They afford little in tax advantage in the UK and USA but reduce public costs in policing and afford the owner a higher level of security. The DPG in the UK would likely advise the same as if a property is know to be owned and used by a foreign head of state it would require a much higher presence both overt and covert to deal with. Re the Blairs and their office, it is normal for an office to be owned by a company and the historic norm for property holding companies to be purchased. The realisation of a tax will come on disposal for the Marylebone property as opposed to a corporate-headquarters of any other non UK company that sells its discretely held assets or itself in its entirety. If a french firm sells itself and it holds property, any duty that may be received will be received by France and will not benefit the UK. That is the nature of ownership rights
@@UnChannelDuVulpineX they’re paying more tax on property purchases so yes. Go on the gov stamp duty calculator and use the boxes to say offshore and corporate then compare to onshore and individual
Further to this all offshore owners pay council tax but do not benefit from most council services resulting in yet another net gain. And again back to the royals pointed out: they would have no tax benefit but the local policing would be in significant pocket by the lack of visibility of a high risk resident. It is true that some individuals can use offshore structures to wash money but by all measures this makes up a tiny minority of the usage of nominee controlled offshore holding structures.
@@carlosfisher1094 Well, I feel enlightened now. /s I now think that the best thing is for the rich people to not pay their fair share in tax, for the spurious reasons you stated. /s Why are you attempting to convince decent people that the rich have it bad, compared to us?
It's only legal because they have the influence over the law makers to make laws that favour the rich, while the ordinary person doesn't. A financial transaction tax could provide £billions in revenue, but UK tory government increases taxes on the poor, millions of whom already can't make ends meet
How would an institution that is responsible for collecting taxes and administering tax law be able to go after government officials for tax evasion when they create tax law? How many people have been found guilty of tax evasion within the jurisdiction/s of the United States? It's not what you know, it's what you can prove in court.
This is the second British Empire, made out of their ex-colonies and turned into a digital corruption. This has been a top priority for England to have some sort of "industry" though all based on service, hence why Brexit really happened.
Fuss about nothing. It is real estate, eg in Central London. Nothing has been offshored. The real tax havens are places like Central London where real estate is not subject to realistic levels of property tax. Council Tax on high value property in the UK is trivial.
How many innocent families lost a loved one across the 170 countries due to this investigation? I’m not one to condone violence but setting a precedence on moral hazard through a violent revolution will make these so called leaders think twice before adjusting the scales of justice in their favour. It’s upsetting
No suprise that the snake Tony Blair is in those papers.
Reading through the names of the 35 current and former world leaders and other powerful political figures most implicated Tony Blair comes out highest on the Western side.
war criminal and tax avoider what a guy
Yet again TBs names mentioned in "tax dodging"
🟧 SERCH ADITYA RATHORE-HE ALSO MAKES INFORMATIVE CONTENT LIKE GUARDIAN
They are not after Me, They are after You, I am simply in the Way - Donald Trump
“Look here, don’t look there.”
Exactly. What'll probably end up happening eventually with this kind of info is crackdown on the people that these journalists don't like (Guardian defended the Blair's in their article because they are cut from the same cloth as their owners, neoliberal globalists) and will also start pushing for tax harmony that only centralizes even further government control, will likely just tighten the net around the poor and middle classes whilst the elites build in just another system to avoid the new measures in plain sight and no one will do or say anything about it.
🔸 SERCH ADITYA RATHORE-HE ALSO MAKES INFORMATIVE CONTENT LIKE GUARDIAN
Modern day gangsters without the violence. These are people that are creating wealth for themselves while the rest of the world is taxed to the point of starvation.
So the solution is to take away the taxes that lead to starvation
If you are going to take the moral highground here then perhaps aim your sights at those who impose income tax on us in the first place. Taxation is immoral
@@kjj8770 are you a fellow Austrian economist? I feel the presence of actual reasoning...very unusual in the comment section
@@jebremocampo9194 just a young working class brit, who realises that the state stealing someone's wealth by the means of a monopoly on violence is deeply deeply disturbing.
Oh no, there definitely is violence- just out of sight, out of mind, off in Sri Lanka or somewhere these people are paying children to work, often with unliveable earnings and the threat of being out on the street or violence... But to the type of person replying to this comment- that's not theft- it's only theft if someone is taxed to provide for people in need...
Anyone surprised? I was more shocked when I saw a spider in the sink this morning.
yikes . did you crush it
@@PHlophe Glass and paper, textbook stuff.
This has never been a secret and, as the people who use these type of tax avoidance schemes are the very same people who make up laws relating to tax and tax avoidance schemes, there's (legally) no issue here.
Therein lies the real scandal. While the middle class can't avoid tax unless they turn to illegal means and the poor get thrown the scraps, the wealthy pay a far, far smaller percentage of their wealth in taxes, yet that is all legal. Worse, of course, that Bezos's space escapades are treated with awe by the media, yet those forced to scrape together a living are vilified.
yes i'll be waiting for the pangolin papers or the palindrome papers
@@tonybennett4159 yes exactly!! People need an uprising to this inequality!! Been going on for too long!
@@tonybennett4159 🎯
🛑 SERCH ADITYA RATHORE-HE ALSO MAKES INFORMATIVE CONTENT LIKE GUARDIAN
Avoiding tax: Legal
Evading tax: Illegal
makes sense to me
Fax
Each country has a different tax system. So, depending on the country your money is in, you can pay more or less tax.
Wow I can't wait for there to be zero consequences for their actions
um, riot
@@emhu2594 There will definitely be riots, protests and strikes next year..so much for Boris's levelling up.
I'm excited too
@@U_see-ph thanks
why would there be consequences its completely legal even if it seems wrong.
Finally a video where people don’t automatically press the dislike button just because they see it’s the Guardian
Why would someone press dislike only because it's Guardian in general? (honestly asking, I have no idea).
@@lavredisgoume because they're lie in many of their videos
@@ayouberriouch6876 Ok thank you. Do we have some major examples of that?
the one t ya rs yurt zit rat at
@@lavredisgoume t ty’s tayy
Panama, cumex, Afghanistan papers DO enact change. Don’t give up just because it sometimes feel slow or fought back. Do your civic duty, for your own justice!
Asalamalaykum
Something I have been in search for quite sometime is a connection with somebody that goes beyond vanity. It's very hard to do in this day and age. People can be, somewhat very superficial.
On my quest to achieve this I have learnt a lot about human nature. It seems to me that those who are not given traits such as beauty or being wealthy are some of the nicest, kindest and generous people. While the "gorgeous" and well off seem to be the most arrogant and greedy people out there.
Of course that's not to say there aren't beautiful kind people out there. I've been in the process of change for a while now and I have made some decent changes but don't you just hate it when people can't let go of your past mistakes.
I saw your profile and it intrigued me. I wanted to learn more about who you are and what type of path you would like on in life. Can we talk?
Just like the Panama papers, nothing will be done.
Don't be silly, we've just had over 3 minutes of the most in-depth reporting for decades, the amount of detail they released about the Pandora papers was stunning. I'm simply glad they didn't pad-out the video with barely relevant information about buying a company in Singapore, as that would have been a shame. Hold tight...it's going to be quite a ride!!!! xD
Actually, Panama only holds 0,27% of the offshores companies around the world, and after the release of the "Panama Papers" the country closed 50% of those companies, and included more strict measures, so actually something was done.
@@jenniferfigueroa1006 Maybe the 50% that were closed down simply moved their money to the other 50% of the companies that kept going. That's what a cynic would suggest btw....not me personally. :D
@@thesunreport ...oh how I wish I had your rather naive optimism. Nothing will get done about this. Its happened since Adam was a lad. The ones at the top can simply silence anyone who threatens their position at the top of the shitheap
Yes, nothing at all will be done. The Elites control these schemes.
Nothing that we didn't already know
As usual no one ever goes to jail from that elite club
Why would they? They kept their own things safe. You should NOT ask why they can avoid tax but rather why the rest of us cannot avoid it? Eradicate tax? Or have a flat 5% tax rate. That way no one would try to leave.
🟢 SERCH ADITYA RATHORE-HE ALSO MAKES INFORMATIVE CONTENT LIKE GUARDIAN
@@Zeddem I'm pretty sure that the wealthy didn't steal money from me. If Apple makes my phone slow down to try getting me to buy the new one, then yes that's fraudulent. If Tesla continues keeping a strong hold on being the only one to work on Tesla cars and charge a lot, then yes that is oppressive. What "shady stuff" do you accuse the wealthy of?
The people of this country need to occupy the vacant properties being hoarded buy non-domiciled tax-dodgers. No wonder property prices are through the roof.
The people of this country are way too dumbed down to do that but one could wish
The Berliners are kind of doing that.
⬜ SERCH ADITYA RATHORE-HE ALSO MAKES INFORMATIVE CONTENT LIKE GUARDIAN
Unfortunately, they made squatting in residential property illegal. And if you're squatting then all of your property (as in stuff) is basically up for grabs (because all property is theft etc). Not much fun as it turns out 🤷♂️
I don't think they are really bothered if sooner or later the public find out more so if they can avoid paying tax on it so its still worth it even after being found out
that's what the corrupt pols, two tier legal system, and the militarized police state are for. Money well spent.
How do we fix pressing problems when the rot starts from the top?.
cut off the head?
We stop paying taxes too!
i couldnt have said it better myself.
Together
Everybody knows that rich gets richer, poor gets poorer, everybody knows !!
The one thing the poor haven't done is get poorer.
@Michael Murphy got dumber.
@@dangerman8046 Typical left wing comment . Abuse instead of answering.
@@michaelmurphy1127 What's abusive about it? If you want to remain ignorant...
@@dangerman8046 Calling people dumb and ignorant is abusive hate. As I said typical left wing. Abuse not answers.
when you are rich and powerful, thousands of lawyers, bankers, financial advisors and wealth managers lined up to offer their services to get a cut from your immense wealth.
The rich getting richer system is a club and guess what ... You and me ain't invited. We just exist to pay for all the members' membership fees and their entertainment.
you need money to make money. Once the ball starts rolling, you would be surprised how fast it picks up speed. knowledge is power.
This is the reporting and journalism we expect from the Guardian, thank you for shedding light on this corrupt behaviour, FULL disclosure is needed. We can't hope to turn a corner or have real equality until this stops
No sorry Annabelle but I don't rate Guardians "Journos" they've proven their biases & the attitude towards their own country & people.
Agree to disagree☮️ 🙂
It is very important to know who is taking advantage of their positions, by stealing and abusing public money. Many thanks for this excellent research.
Some name in this list denied involved illegal money. So please thoroughly check whether there is wrongdoing.
What are we going to do about it?
Lets have a list of MPs and Members of the House of Lords please. Lets see how squeaky clean they are. Or not
It isn't that easy to find that info if nothing is in their name. If we struggled with decades of false expenses then tax havens are on a whole new world to publicise
@@salsabila786 Come on! It’s easy but the publication is also treading on a thin delicate thread here! Only the vulnerable ones were mentioned and not a single American president, not even the P-grabber with his entourage of family members but just Putin? If the real list is made public no politician nor news media will ever point fingers on Africa(only one African president on the list) again when talking about corruption?
@@mosesm6040 P- grabber??? You want to see real disgusting behaviour towards women and children (yes children) ask SleepyJoe!! Sniff sniff🤢🤢
🟫 SERCH ADITYA RATHORE-HE ALSO MAKES INFORMATIVE CONTENT LIKE GUARDIAN
Please continue to report on these findings. We heard about the Panama Papers but didn't hear much about the consequences. Apparently some people were made to pay back taxes and some people resigned. I don't remember hearing much.
The question is....where did they get the money from?
Don’t forget about the “Panama papers”
So paradoxical; those who do it, dont need to do it.
Greed is an addiction, for which the only comedown is jail time.
When do the hangings start?
It's actually very easy to find offshore investments and expensive possessions, if there is a will and a safe place to record, investigate and change, where necessary. Those are the challenges. Too many are turning blind-eyes, acquiescing and jumping on board; those are the secondary problems What would the world be like if everyone complied???
We have to watch out for BlackRock!
I like this guy's confidence !
Labour Tony Blair promised he would make the rich pay their fair share of tax to help the worker pay less national insurance and yet he broke that promise, he bought a house to avoid paying stamp duty which was a win win situation for seller as they never paid capital gains tax.
Come to think of it, I have a pitchfork in my shed.
I'm not suggesting any dishonest actions on youtube's end, but I do find it interesting that an informative video, from a successful channel, and about such an important topic, isn't doing well in the algorithm.
Love those art gallery and donations.
exactly ! Fight the power, eat the rich !
This is as unsurprising as going shopping
How can we see the names?
Thanks!
Exactly as expected, but now we have the specifics.
Thankyou for this 😊
They are all crooks- face it. I went to a tax haven on vacation with a guy who was a grandson of a politician some years ago. It was Nassau Bahamas. While there he said he had to go to the bank . Why? His whole family had been hiding money there for 3 generations started by dear old Grandpa who got hooked up when he got up in Government. Then his dad died unexpectedly (aneurysm) and he got into government. I lost touch but he is probably living on the family estate in Bahamas never having paid tax in his entire life with a government pension the size of King Kong.
i want a list of names and cash amounts,........... and prosecutions
Poor people should be taxed less, especially since poverty is man made.
Look there ,,
Dont look there
Love the pirate analogy
We all know but nothing has been done
One, why people are surprised. Two, of course nothing will happen.
thanks a lot . a easy way to understand .
They're all at it and we stand by and watch
This is why conservatives wanted brexit. So London can keep on being a giant laundromat.
Nothing to do with Brexit. It began when the old rating system was abolished at the end of the 1980s.
Rest of Europe is a laundromat too, Brexit has nothing to do with it.
Britain didn't want to share a banking system with a country that once tried to end their existence.
@@j.denver2453 ?
@@j.denver2453 A country will bomb itself to control the masses not kidding
This makes me angry, but singling out Tony Blair for just 300K is ridiculous. I’m more interested in the guys stashing away millions
Tbf it is rare to see such an informative video from the guardian
Its because he is British and Guardian is British.
🟦 SERCH ADITYA RATHORE-HE ALSO MAKES INFORMATIVE CONTENT LIKE GUARDIAN
So info we already know ?
Shakira Shakira!
Oh I'm on tonight,
my hips don't lie
but my accountant might!
Government tham self are involved with this illegal stuff
I hope this sticks
Tony warboy Blair dodging taxes. Who would have thought.
The question is this; what to do about it?
Not one name
Let it out. Let it ALL out...
Shocked and just as shocked when I heard about the Guardian and its own tax arrangements in the Cayman Islands.
Despite Putin's name being mentioned countless times, there's no mention of him in the current trove. It's all about people said to be linked to him.
I know right
Putin must be the richest man on the planet
Not to mention the mist successful mobster of all time
@@dh1380 he is no where close to the richest man on earth.
And he is not a mobster. Not sure where you got this information - but I can assure you it’s utter bs,
He puts his wealth it in his closest friends names and baby mama’s name.
If as the gentleman say _"[some] people may have legitimate (and lawful) reasons why they hide their information"_ and that _"not everybody in the Pandora papers are criminals"_ I honestly have to ask the question why is this important? If people are doing these things lawfully, why all the big hoopla; and, why wasn't the distinction between the criminals and the non-criminals more clearly made instead of lumping all these things together?
The one's who are doing it lawfully are taking advantage of some loopholes. These loopholes need to be fixed. That's the most important takeaway from these papers for me.
Because they are taking money out of the system of which could be used for public social programs that solve society's issues. Like poverty, lack of access to things like food, safe to drink water, education, healthcare, etc.
Basically, even if it's legal, it's still immoral.
@@alanbareiro6806 It's legal because the loopholes haven't been amended and fixed. It's not just immoral, it's borderline illegal.
Wow thanks
Where can we access this document? Or it's just a rumour?
🔹 SERCH ADITYA RATHORE-HE ALSO MAKES INFORMATIVE CONTENT LIKE GUARDIAN
Claudia Schiffer was in one report about this.
And just like with the Panama Papers nothing will happen...
Ringo Starr was listed in the Pandora papers as a tax avoider… It wasn’t enough that Paul’s talent earned it all for him in the first place
Who would have thought?
The institutions that released the names of their customers who have money offshore, should be sued by those customers for breach of trust!!!!! I love how some reporters say "it's legal but its frowned upon" well if it's legal than shut up about it!!!!!
Remember to include queens.
You'll have LBGT after you.
The Guardian is amazing💯
You incorrectly described near the end of the video that tax avoidance was wrong. Earlier you had made the correct distinction: tax avoidance - every prudent person’s duty to minimise tax in legal manner ; tax evasion - to illegally evade your obligation to pay tax
This is a clear distinction for monies earned and taxed within one legal jurisdiction. Tax avoidance should be classified as tax evasion when done through overseas tax havens.
⬜ SERCH ADITYA RATHORE-HE ALSO MAKES INFORMATIVE CONTENT LIKE GUARDIAN
Mikko Pakkanen finish business man E-bros is mentioned in the Pandora papers
Proudly Kenyan....our president and his family represented us massively
Why are they called the pandora papers now and not the Panama papers?
No S**t
Bitcoin already suggested that
Just to be clear, the stamp duty and property taxes on offshore owned property in the UK actually results in a higher tax rate and has done since the crash. So if i but a 20M pound house in london via an offshore entity i would pay an extra 2% plus a lot more in owners taxes than just the council tax.
Being incorporated offshore can result in lower taxes but for most UHNW individuals, using such structures affords the moat paramount thing: security though privacy.
If a property is known to owned and used by a royal or a UHNWI then the local law enforcement will have a much higher duty of care for securing it due to the increased likelihood of targeting of the property or the people (including staff) connected to the property.
These issues are the core reason why most people choose offshore discrete corporate structures for ownership. They afford little in tax advantage in the UK and USA but reduce public costs in policing and afford the owner a higher level of security. The DPG in the UK would likely advise the same as if a property is know to be owned and used by a foreign head of state it would require a much higher presence both overt and covert to deal with.
Re the Blairs and their office, it is normal for an office to be owned by a company and the historic norm for property holding companies to be purchased. The realisation of a tax will come on disposal for the Marylebone property as opposed to a corporate-headquarters of any other non UK company that sells its discretely held assets or itself in its entirety.
If a french firm sells itself and it holds property, any duty that may be received will be received by France and will not benefit the UK. That is the nature of ownership rights
So they are doing us a favour by not paying the fair amount of tax?
@@UnChannelDuVulpineX they’re paying more tax on property purchases so yes. Go on the gov stamp duty calculator and use the boxes to say offshore and corporate then compare to onshore and individual
Further to this all offshore owners pay council tax but do not benefit from most council services resulting in yet another net gain.
And again back to the royals pointed out: they would have no tax benefit but the local policing would be in significant pocket by the lack of visibility of a high risk resident.
It is true that some individuals can use offshore structures to wash money but by all measures this makes up a tiny minority of the usage of nominee controlled offshore holding structures.
@@carlosfisher1094 Well, I feel enlightened now. /s
I now think that the best thing is for the rich people to not pay their fair share in tax, for the spurious reasons you stated. /s
Why are you attempting to convince decent people that the rich have it bad, compared to us?
@@carlosfisher1094 Criminals use to the same loopholes and have laundered tens of millions , and by criminals I mean serious organised crime.
His success story are everywhere 😱
Sell a single cigarette illegally - and the police send an entire squad to attack.
Don't pay millions in taxes? Governments won't even bat an eye.
It's only legal because they have the influence over the law makers to make laws that favour the rich, while the ordinary person doesn't.
A financial transaction tax could provide £billions in revenue, but UK tory government increases taxes on the poor, millions of whom already can't make ends meet
Nothing weird on social media down
How would an institution that is responsible for collecting taxes and administering tax law be able to go after government officials for tax evasion when they create tax law? How many people have been found guilty of tax evasion within the jurisdiction/s of the United States? It's not what you know, it's what you can prove in court.
Really! you seem surprised, how many times has this be raised before but as usual nothing is done
Pandora Papers
Whistleblower Facebook
Facebook Outage
Interesting month 😂
This is a game in which rich people with the help of their clever collaborators play very efficiently
We already know that the wealthy do this, will the Pandora papers actually name names??
They already have, that's literally the point - I think you mean will the guardian and the rest of the media name names :p
There’s name on Wikipedia
Just look up Pandora papers names
they did ! Can you read?
@@MakeSomeNoisePlaylists no stop bullying me
Panama.. paradise. . This one.. when do we just stop playing
Not exactly news is it
Exscape? I don't think you learned that at public school mate. Is it an affectation?
We need real news reporters not puppets
Lo que hacen los extranjeros en Puerto Rico 🇵🇷 para evadir taxes 👀
This is the second British Empire, made out of their ex-colonies and turned into a digital corruption. This has been a top priority for England to have some sort of "industry" though all based on service, hence why Brexit really happened.
Sadly, nothing will change with this reveal.
⚪ SERCH ADITYA RATHORE-HE ALSO MAKES INFORMATIVE CONTENT LIKE GUARDIAN
respect from cambodia
🟧 SERCH ADITYA RATHORE-HE ALSO MAKES INFORMATIVE CONTENT LIKE GUARDIAN
@@irasingh2498 The Big Thank How Can I Serch ?
Pandora Box?🤤
'Exscape' LOL
Are these papers shared with the public? These papers are so being discussed in the public but nobody really is allowed to see what they are ?
Its coming out over the next few days.
Fuss about nothing. It is real estate, eg in Central London. Nothing has been offshored. The real tax havens are places like Central London where real estate is not subject to realistic levels of property tax. Council Tax on high value property in the UK is trivial.
Because of the economic crisis and the rate of unemployment, now is the best time to invest and make money 💯
You can say that again
Crypto is the new Gold
I wanted to trade crypto but got confused by the fluctuations in price
@@ericroland4513 It won't bother you if you trade with a professional like Mr Harry Mark
I have also been trading with him, profits are secured and over a 100 percent return on investment
How many innocent families lost a loved one across the 170 countries due to this investigation? I’m not one to condone violence but setting a precedence on moral hazard through a violent revolution will make these so called leaders think twice before adjusting the scales of justice in their favour. It’s upsetting