zerohedge.com / By Tyler Durden / 05/09/2013 21:01
More and more companies are stashing their cash offshore, and they’re doing it at alarming rates. Why? Put simply, it’s about eluding the tax man.
Zero Hedge
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    LifeStraw Personal Water Filter - $19.95 Retail Price: $29.95 You Save: $10.00 from: Eartheasy.com   | sovereignman.com / By Simon Black / May 8, 2013 May 8, 2013 Singapore The worldwide movement to tax, confiscate, and regulate everything imaginable turned a new page earlier this week when the “Marketplace Fairness Act” passed in the US Senate. The bill still needs to clear the House of Representatives. But its fundamental purpose, [...] zerohedge.com / By Tyler Durden / May 8, 2013, 10:21 -0400 Back in February we introduced the world to their last best hope in controlling the largesse of the world’s central bankers. The ‘Brent Vigilantes’ were shown to have taken over the mantle of the now totally-repressed and benign bond vigilantes (since deficits don’t matter [...] teapartyeconomist.com / By Gary North / May 7, 2013 Republicans in the U.S. Senate caved in. They voted to force businesses located in one state to serve as unpaid tax collectors for 45 other states. (Five states have no sales tax.) The RINO Party Line is that this is not a tax [...] zerohedge.com / By Tyler Durden / May 7, 2013, 11:19 -0400 The Cypriot deposit confiscation has come and gone (and in a parallel world in which the global Bernanke-put never existed and in which bank shareholders were not untouchable, this is precisely how real-time bank restructurings should have taken place), but fears [...] In this NASA image released 09 July, 2003, St. Thomas, St. John, Tortola, and Virgin Gorda are the four main islands (front to back) of this east-looking view of the U.S. Virgin Islands and British Virgin Islands, along the northeast perimeter of the Caribbean Sea. (AFP/NASA) rt.com / May 06, [...] dollarvigilante.com / By Jeff Berwick / May 1, 2013 Having had the bad luck to be born in North America’s version of Siberia, Canada, and believing solely in individuals and not a collectivist idea life I always feel a bit left out whenever the local slaves celebrate “Independence Day”. Whether it be [...] globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Wednesday, May 1, 2013, 2:37 AM Is Bitcoin a Money Laundering Machine? Bitcoin trumpets itself as being totally anonymous. Facts speak otherwise. New Bitcoin World tackles the issue in Can code and competition build a better Bitcoin? Everyone from the mainstream media to Wikileaks [...] marctomarket.com / Marc Chandler / TUESDAY, APRIL 30, 2013 The first left-right coalition in Italy since 1946 has survived its first confidence motion in both chambers. As difficult as it may have been to break the political logjam, the hard work lies ahead for Prime Minister Letta. A new government often has a honeymoon period. [...] dailyreckoning.com / By Dave Gonigam / April 29, 2013 “I have some concern about the legislation,” says House Judiciary Committee Chairman Bob Goodlatte. Not that it’s stopping him from supporting an Internet sales tax. Not when it could raise $24 billion for state and local governments. (Where do they get these figures? It was only [...] dailyreckoning.com.au / By Dan Denning / April 30, 2013 The attack on the English language by the political class reached new lows yesterday. The Prime Minister announced her intention to proceed with ‘investments’ in education reform and disability insurance. She called this ‘new structural spending’. It will be paid for with ‘new structural savings’. An [...] lfb.org / By Jeffrey Tucker / April 29, 2013 A contributing factor in the rise of Internet commerce, a feature that gave it a kick-start, was that you didn’t have to pay sales tax on what you purchased out of state. Ah, the glory days of the 2000s, when you could order anything and, [...] freedomoutpost.com / By Cheryl Pass / April 29, 2013 I was thinking of writing something else today on the abuse of tax dollars, but that took me to another larger perspective about how government doesn’t recognize any limits on its power and controls over others. The further I delve into public policy issues, the more [...] mises.org / By Murray N. Rothbard / Sunday, April 28, 2013 Ours is truly an Age of Statistics. In a country and an era that worships statistical data as super “scientific,” as offering us the keys to all knowledge, a vast supply of data of all shapes and sizes pours forth upon us. Mostly, it [...] theaureport.com / By JT Long / April 26, 2013 What is up—the Dow Jones Industrial Average and Standard & Poor’s 500—will come down and what is down—gold equities—will go up fast, predicts the ultimate contrarian investor, Bob Moriarty. In this interview with The Gold Report, the president of 321 Gold proclaims that while all gold [...] armstrongeconomics.com / By Martin Armstrong / April 26, 2013 Obama is never done raising taxes. He is a lawyer – not an economist. He and the Democrats are just hopeless. No matter what you show them, they are just out the destroy our freedom and the Republicans are too blind to even observe the real [...] blog.milesfranklin.com / By Andrew Hoffman / April 23rd, 2013 On February 17th, shock waves were sent across the financial world when ViaMat – the world’s largest bullion storage operator – announced it would no longer service American clients at its Zurich facility, per the letter below… In recent years, the supposedly “safe [...] zerohedge.com / By Tyler Durden / April 23, 2013, 11:24 -0400 That Congress has had aspirations on collecting sales tax on online purchases, which comprise an increasingly bigger portion of all retail sales in the US, in the past is nothing new. However, following last night’s passage of the Marketplace Fairness Act in the Senate [...] teapartyeconomist.com / By Gary North / April 23, 2013 The Senate Democrats are about to consider voting on a sales tax imposed on Internet purchases. The bill was released for the Senators to read only on April 21, Sunday. Harry Reid — Sen. Don’t Read — has it on a fast track. The bill [...] sovereignman.com / By Simon Black / April 23, 2013 April 23, 2013 Phnom Penh, Cambodia Surprise, surprise… the completely insolvent US government has yet another idea to raise revenue in the Land of the Free: a new tax! The Marketplace Fairness Act was introduced some time ago, and we’ve discussed it before. But it’s [...] globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Monday, April 22, 2013 12:39 AM In response to 55% of Americans Say Their Income Taxes are Fair; 46.6% Paid No Income Tax in 2011 one seriously misguided soul responded “your hate for low income people disturbing”. The above response was humorous because the math shows a large [...] acting-man.com / By Pater Tenebrarum / April 22, 2013 ‘Vague But Sufficient’ The errors in the Reinhart-Rogoff study that have recently come to light must have been greeted with relief at the G 20 pow-wow. Color us unsurprised at the step-by-step ‘abandonment of austerity’. One may of course be inclined to ask: what austerity? Where [...] telegraph.co.uk / By Philip Aldrick / April 21, 2013 The taxman collected an extra £220m from Britain’s super-rich last year, thanks to a new taskforce set up to pursue high-earning tax avoiders. The unit was set up in 2009 as part of efforts to stamp out legal but aggressive tax avoidance. Photo: Fotolia HM [...] lfb.org / By Douglas French / April 20, 2013 It was once incontrovertible: The mainstream press leans left-liberal. It’s been a proven fact that Republican presidents receive 20-30% less positive economic coverage from the nation’s newspapers. But times seem to have changed a bit. Now a new mainstream has emerged that leans right-conservative. It takes [...] zerohedge.com / By Tyler Durden / April 17, 2013, 09:49 -0400 When the final “bailout” structure of the Cypriot deposit-confiscatory bail-in was revealed in late March, the implied victory for the Troika (which has since notched up its demands for the insolvent country to now sell its 14 tons of gold) was that instead of [...] zerohedge.com / By Tyler Durden / April 17, 2013, 09:25 -0400 As ‘The Iron Lady’ is laid to rest today, we thought a look back at ‘economic’ legacy was worthwhile. As Bloomberg’s Niraj Shah notes, average U.K. public spending was lower under Margaret Thatcher than under David Cameron while the average quarterly economic growth rate [...] caseyresearch.com / By Chuck Butler / April 15, 2013, 2:09pm GMT Good day. And a Marvelous Monday to you! Well. it’s Tax Day. April 15th! The day snuck up on me, even though I saw it coming. My tax guru, is probably shaking his head at my excuses but, that’s what I’m here for. to [...] sibileau.com / By Martin Sibileau / April 14th 2013 “…MMT is to me the 21st century re-incarnation, in monetary policy, of Cardinal Richelieu’s raison d’état concept. If I am correct, it will bring the same serious consequences it brought in the 17th century…” (To read this article in pdf format, click here: [...] lfb.org / By Jeffrey Tucker / April 12, 2013 The least of the problems with the income tax is that it takes your money. The really big problem is that the income tax takes your life. It gives the government direct access to the things you own and sets up the political/bureaucratic sector to [...] |
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