Author Topic: Jersey is not a Tax Haven it is a very nice place.  (Read 8370 times)

Offline danrok

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #30 on: May 03, 2012, 01:35:06 PM »
Knitting was a major part of Jersey's economy for a long time.  It's no co-incidence that there are garments called jerseys.

http://en.wikipedia.org/wiki/Jersey_knit

I guess it would be difficult to compete with Chinese manufacturers today.

Ship building was another major industry.  Small wooden sailing ships were built all along the coast, on the beach, from La Collette to the other side of town.

Offline man in the street

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #31 on: May 03, 2012, 10:07:45 PM »
 sadly i do look to the goverment and its bloated admin.
 they sold out  in the name of greed , i can only hope the new lot  will improve .
  too much pandering to the wealthy  minority , lack of immigration control, and squandering of  taxpayers money , we didnt need a global credit cruntch we have been making our own  for  for years
 i think the banks should pay tax as they did , why should i prop up their  profits ?
 to manufacture anything these days  for export , must be costly, as   the raw materials  need to  be shipped in and out .
 i do await the  next good thing  as a money spinner , and dont mind learning new tricks .

Offline Dave Sanglotte

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #32 on: May 16, 2012, 03:24:18 PM »
Interesting docs on WikiLeaks about how Barclays injuncted the Guardian to remove documents related to their offshore schemes. WikiLeaks have since published them:

http://wikileaks.org/wiki/Barclays_Bank_gags_Guardian_over_leaked_memos_detailing_offshore_tax_scam,_16_Mar_2009

Offline boatyboy

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #33 on: July 10, 2012, 01:06:14 AM »

Tax Avoidance partly filmed in the Channel Islands new information to come out tonight.

On Tonight at 8.00 Dispatches Channel 4.

Looks more than interesting ?

bb


Offline danrok

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Offline Calimachon

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #35 on: July 11, 2012, 07:03:08 PM »
Link to programmes: http://www.channel4.com/programmes/dispatches/4od

It would appear that many people are up to their necks in crap in this the 'Golden' Jubilee year.

Cali :(
TOMORROW (Noun) = A mystical land where 99% of all human productivity, motivation an achievement is stored

Offline danrok

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #36 on: July 11, 2012, 10:50:36 PM »
It's easy to see why there are uprisings and rebel fighters in other countries.

I think are own country is only one step away from it.

Plenty of moaning goes on, but that's as far as it goes until enough people are seriously affected.  Then it can turn very unpleasant.

Offline Calimachon

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #37 on: July 13, 2012, 12:30:35 AM »
I remember the terrible riots in the Thatcher years when she tried to impose a severe poll tax. 

Cali :(
TOMORROW (Noun) = A mystical land where 99% of all human productivity, motivation an achievement is stored

Offline boatyboy

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #38 on: August 25, 2012, 08:19:16 PM »
JEP blog today looking at issues from a different  -  but precise angle.


2 Taxpayer

August 23, 2012 at 6:31 pm

The Treasury Minister should be prudent when looking at projections, he is not, he already publicly accepts that they are optimistic..

The Treasury Minister has stated that he is serious about cutting spending, he is not, he already publicly accepts that more spending cuts can be made. If they can be made if projections are optimistic, they can be made NOW, GET ON WITH IT.

The Treasury Minister needs to look at social security security, public sector pensions and our bloated civil service before taking an axe to their budgets.

The Treasury Minister also needs to sanction Le Marquand for suggesting that the rules can be changed when calculating old age pensions,cheating other taxpayers!

Finally the Treasury Minister needs to review agreements made with 1(1)k residents, if it alright to break your promises to the whole island on GST it is perfectly acceptable to revisit any deals with 1(1)k residents.

http://www.thisisjersey.com/business/2012/08/23/level-of-scrutiny-on-treasury-spending-is-criticised/

Offline boatyboy

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #39 on: April 04, 2016, 04:46:40 AM »
Mossack Fonseca Company Jersey Ltd

01534 767009

4th Floor Osprey House, Old Street, Jersey, JE48RZ

PANAMA PAPERS ( published by the German Newspaper Süddeutsche Zeitung, )

The story in English

http://panamapapers.sueddeutsche.de/articles/56febff0a1bb8d3c3495adf4/

Iceland politicians  " keeping quiet about their companies held in tax havens "

http://panamapapers.sueddeutsche.de/articles/56fec0cda1bb8d3c3495adfc/

BB
« Last Edit: April 04, 2016, 05:03:28 AM by boatyboy »

Offline shortport

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #40 on: April 05, 2016, 03:14:09 AM »
There are many correspondences linking Bank Leumi to the Panama-based law firm. Most of them discuss Bank Leumi’s branch in Jersey in the Channel Islands, which provides a tax shelter to its customers. This is the same island on which Prime Minister Benjamin Netanyahu had a bank account with the local branch of The Royal Bank of Scotland. There are also messages to clerks in various Israeli banks who manage their clients’ affairs in tax shelters or keep in touch with Israeli lawyers who represent them. Last October, Bank Leumi announced that it was closing the Jersey branch.

Bank Leumi is in a vulnerable position on the subject of international taxation after being investigated by U.S. tax authorities last December. The bank was forced to pay a 1.5 billion shekel fine for assisting American clients in income tax evasion. The investigation was not connected to the bank’s Jersey branch.

One of the Israeli customers of Leumi’s Jersey branch is billionaire Teddy Sagi, who made his fortune developing online gambling technology in England and other places worldwide. Sagi lives between Israel and England. In recent years he has developed Camden Market as a commercial real estate space. Sagi is registered as the sole shareholder of at least 16 offshore companies established through Mossack Fonseca, most of which deal with real estate.


Read more: http://forward.com/news/337663/hundreds-of-israelis-exposed-in-sprawling-panamapapers-financial-scandal/#ixzz44tHl7YxN
Just the tip of the iceberg

Offline boatyboy

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #41 on: April 06, 2016, 04:05:32 AM »
Panama Papers investigation.

How to Become Anonymous Effectively   or rather you and your money, investments etc etc,

We cannot speak for the motives of other legal service providers, but we can explain in simple terms how John Doe could have maintained true anonymity from the get-go without extra charges.

By law, Panama corporations must have a minimum of three people. The corporation must have at least 3 directors, and 1 person to fulfill the titles of President, Secretary, and Treasurer, also known as the officers. The same person could be a director and occupy one or more of the officer positions. The names, passport numbers, and addresses of these individuals are registered with the government of Panama and put online for anyone to see.

With our anonymous corporation service, our clients would not have to worry about giving out any of their personal information.  We provide all the nominee directors and the officers.  The beneficial owners have proof of ownership with their bearer shares that are not publically registered but have been entered in the protocols of a notary public for protection in the case of dispute.  Control of the bank accounts and other corporate assets is exercised via a power of attorney that is also publically unregistered but has been entered in the protocols of a notary public.

http://offshoreww.com/blog/how-become-anonymous-effectively.html

BB
« Last Edit: April 06, 2016, 04:11:25 AM by boatyboy »

Offline Jerry Gosselin

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #42 on: April 06, 2016, 05:25:15 AM »
France 2 TV has broadcast its own investigation into the Panama Papers tonight:

http://www.francetvinfo.fr/replay-magazine/france-2/cash-investigation/


Amongst other things, they sent a crew to Panama to wait extremely early in the morning outside the well-protected home of an elusive 63-year old female employee of Mossack Fonseca who is registered as the Director of - wait for it - 11,000 registered companies! That's like the old Sark Lark - but on steroids! Eventually they caught her dashing down the road. She denied being the woman they wanted to question but unfortunately for her, the leaked Panama papers included an identity photo that exactly matched her own face down to the last wrinkle!

They also briefly interviewed British investigative journalist, Clare Rewcastle Brown, whose reporting of corruption in Malaysia has even led to her being given police protection in London - read this report:

http://www.independent.co.uk/news/uk/crime/british-journalist-clare-rewcastle-brown-given-police-protection-after-being-followed-and-10441274.html

Offline shortport

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Offline boatyboy

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Re: Jersey is not a Tax Haven it is a very nice place.
« Reply #44 on: April 09, 2016, 08:26:58 PM »

So, thanks shortport for the direct link.

a British crown dependency ( Jersey ) , attempted to avoid paying $400m (£280m) in Capital Gains Tax to the Ugandan government, writes BBC Africa's Rob Wilson.

My first thought is what would a poverty stricken country like Uganda do with £280 million ? That could be a lot of help for thousands of the nations population.

My second thought is the Governments' of the world know this is going on, and have done precious little as they make the tax rules. Name me one person who absolutely loves paying tax ? As long as Governments are happy to look the other way, and allowing the City of London and Delaware USA, to have a big influence in tax avoidance, guess what these stories will continue.

Incoming - opt outs for transparency by " Daves " EU mates in EU regarding  " shell "  company law, now why would they want that ?

The incoming rules contain an ambiguity that will invite abuses, allowing an exception where the bank, notary or lawyer can record (instead of the true beneficial owner) the “natural person(s) who hold the position of senior managing official(s)” (see Article 3.6.a.ii, on page 14). -

A bunch of bloody ( wealthy ) hypocrites.

http://www.taxresearch.org.uk/Blog/2016/04/09/the-eu-is-planning-to-make-it-easier-to-own-offshore-shell-companies/

BB