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Exclusive: Crown dependency granted all applicants full 20% VAT refund on 19 aircraft

Tax breaks for owners of private jets registered for VAT in the Isle of Man increased to £100m last year, despite warnings from the European commission that the practice is a breach of EU laws.

The latest figure brings the amount of tax avoided on private jets to £940m since 2011. The Formula One champion Lewis Hamilton, who lives in the tax haven of Monaco, and oligarchs close to the Russian president, Vladimir Putin, are among those who have benefitted.
Isle of Man tax breaks for private jet owners rose to £100m last year
#IsleofMan #Taxavoidance #UKnews #Europeancommission #Business #Europe #Worldnews #EuropeanUnion
 
Leaked Documents Expose Global Companies’ Secret Tax Deals in Luxembourg

thank you all involved for bringing the investigative journalism to the masses / public. headlines please! 🙂

2016: both LuxLeaks whistleblower sentenced to 9 and 1 year in prison and 1000€ fine in Luxembourg


https://youtu.be/pdW0R0_DK58

Whistleblower: Barleys Blockade protects scammers instead of whistleblowers


“Minister of justice Katarina Barley (SPD):

in the case of whistleblowers, continue to insist that you make first, an internal message in your company or authority.

The only way the new EU-Directive is to guarantee you protection.

In the second step, you should be able to contact Supervisory authorities and in the third step of the press a... Show more...
 
Bregman - Poverty is NOT a LACK of CHARACTER - the word that never gets mentioned at davos economic forum is - (higher) taxes for the rich

https://youtu.be/6_nFI2Zb7qE



unaired fox news interview between Tucker Carlson with Rutger Bregman Blows Up!
  • corruption
  • people being bribed
  • [Trump will not share his tax returns with the public, what is he hiding?](
... Show more...
 
Leaked Documents Expose Global Companies’ Secret Tax Deals in Luxembourg

thank you for bringing the investigative journalism to the masses / public. headlines please! 🙂


a dysfunctional tax system – will not only increase state governmental state deficit – but also taxes the poor but not the rich and thus increase inequality and destabilize democracy.

because the poor ask the right question: +19% tax on goods +40% tax on income – why us?

and not the super rich and multi national companies?

Image/photo

Leaked Documents Expose Global Companies’ Secret Tax Deals in Luxembourg


... Show more...
 
The Dutch state railway is under serious fire for leasing its trains in low-tax Ireland. And it’s not the only operator to do so

The sleek intercity train connecting Amsterdam to Rotterdam zips between the two cities in just 40 minutes and, with a walk-up price of just €15.40 (£13.50), puts our fares to shame. The Dutch railways are still nationally owned, operated by Nederlandse Spoorwegen (NS), and the route between the two cities claims a 100% punctuality record. But the Dutch have been in uproar over what might be another record: one of the most shameful tax deals in Europe, and one that throws the spotlight once again on Ireland’s dubious corporate tax policy.

In recent years, the Dutch have been horrified to discover that while they buy their train tickets from a state-owned company, a significant chunk of the money has been funnelled through Ireland. That’s because NS Financial Services, 100% owned by NS, bought the trains, then leased them back to NS, while being incorporated in Ireland. In doing so, its profits have come under Irela... Show more...
 
Proponents say tax avoidance and emissions scandals show need for special legal status

Employees who blow the whistle on corporate tax avoidance or cheating on product standards would be entitled to special legal status under a draft EU law.

The European commission will next week propose legislation that intends to protect whistleblowers. Recent scandals have exposed the limited help available for people seeking to expose corporate behaviour in the public interest.
EU moves to bring in whistleblower protection law
#Europeancommission #Corporategovernance #Law #Business #EuropeanUnion #Europe #Worldnews #Taxavoidance
 
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