#taxhavens — Public Fediverse posts

https://www.europesays.com/ch/38671/ A Swiss Bank Meets Its End, Accused of Laundering Iranian Cash #BankSupervision #InternationalBanking #liquidation #MoneyLaundering #NonUSSecuritiesRegulation #Swiss #Switzerland #TaxHavens #TerrorFinancing

Pluralistic: The world needs an Ireland for disenshittification (17 Jan 2026)

https://web.brid.gy/r/https://pluralistic.net/2026/01/17/erin-lets-go/

Pluralistic: The world needs an Ireland for disenshittification (17 Jan 2026)

https://web.brid.gy/r/https://pluralistic.net/2026/01/17/erin-lets-go/

Pluralistic: The world needs an Ireland for disenshittification (17 Jan 2026)

https://fed.brid.gy/r/https://pluralistic.net/2026/01/17/erin-lets-go/

Pluralistic: The world needs an Ireland for disenshittification (17 Jan 2026)

https://web.brid.gy/r/https://pluralistic.net/2026/01/17/erin-lets-go/

Pluralistic: The world needs an Ireland for disenshittification (17 Jan 2026)

https://web.brid.gy/r/https://pluralistic.net/2026/01/17/erin-lets-go/

"[t]he Delaware-based company that founded this experimental town in 2017 has raised $120 million in investments — including from venture-capital funds backed by the Silicon Valley billionaires Peter Thiel, Sam Altman and Marc Andreessen — to transform the territory, about twice the size of Monaco, into the most developed start-up city in the world. Built in a semiautonomous jurisdiction known as a ZEDE (a Spanish acronym for Zone for Employment and Economic Development), Próspera is a private, for-profit city, with its own government that courts foreign investors through low taxes and light regulation. Businesses can choose a regulatory framework from a menu of 36 countries or customize their own.

A California company offers a Montessori education for approximately 60 students. Security is provided by a private firm of armed guards. An arbitration center staffed by three retired Arizona judges handles dispute resolution. (In order to enter the jurisdiction, I was told I needed to sign an “agreement of coexistence” binding myself to 4,202 pages of rules, violations of which would be subject to the jurisdictional authority of the arbitration center.)"

https://www.nytimes.com/2024/08/28/magazine/prospera-honduras-crypto.html?unlocked_article_code=1.708.oULV.u9x6AD71MU2W&smid=tw-share

#Crypto #Crytpocurrencies #Bitcoin #TaxHavens #Honduras #Cyberlibertarianism #Prospera

"[t]he Delaware-based company that founded this experimental town in 2017 has raised $120 million in investments — including from venture-capital funds backed by the Silicon Valley billionaires Peter Thiel, Sam Altman and Marc Andreessen — to transform the territory, about twice the size of Monaco, into the most developed start-up city in the world. Built in a semiautonomous jurisdiction known as a ZEDE (a Spanish acronym for Zone for Employment and Economic Development), Próspera is a private, for-profit city, with its own government that courts foreign investors through low taxes and light regulation. Businesses can choose a regulatory framework from a menu of 36 countries or customize their own.

A California company offers a Montessori education for approximately 60 students. Security is provided by a private firm of armed guards. An arbitration center staffed by three retired Arizona judges handles dispute resolution. (In order to enter the jurisdiction, I was told I needed to sign an “agreement of coexistence” binding myself to 4,202 pages of rules, violations of which would be subject to the jurisdictional authority of the arbitration center.)"

https://www.nytimes.com/2024/08/28/magazine/prospera-honduras-crypto.html?unlocked_article_code=1.708.oULV.u9x6AD71MU2W&smid=tw-share

#Crypto #Crytpocurrencies #Bitcoin #TaxHavens #Honduras #Cyberlibertarianism #Prospera

"[t]he Delaware-based company that founded this experimental town in 2017 has raised $120 million in investments — including from venture-capital funds backed by the Silicon Valley billionaires Peter Thiel, Sam Altman and Marc Andreessen — to transform the territory, about twice the size of Monaco, into the most developed start-up city in the world. Built in a semiautonomous jurisdiction known as a ZEDE (a Spanish acronym for Zone for Employment and Economic Development), Próspera is a private, for-profit city, with its own government that courts foreign investors through low taxes and light regulation. Businesses can choose a regulatory framework from a menu of 36 countries or customize their own.

A California company offers a Montessori education for approximately 60 students. Security is provided by a private firm of armed guards. An arbitration center staffed by three retired Arizona judges handles dispute resolution. (In order to enter the jurisdiction, I was told I needed to sign an “agreement of coexistence” binding myself to 4,202 pages of rules, violations of which would be subject to the jurisdictional authority of the arbitration center.)"

https://www.nytimes.com/2024/08/28/magazine/prospera-honduras-crypto.html?unlocked_article_code=1.708.oULV.u9x6AD71MU2W&smid=tw-share

#Crypto #Crytpocurrencies #Bitcoin #TaxHavens #Honduras #Cyberlibertarianism #Prospera

"[t]he Delaware-based company that founded this experimental town in 2017 has raised $120 million in investments — including from venture-capital funds backed by the Silicon Valley billionaires Peter Thiel, Sam Altman and Marc Andreessen — to transform the territory, about twice the size of Monaco, into the most developed start-up city in the world. Built in a semiautonomous jurisdiction known as a ZEDE (a Spanish acronym for Zone for Employment and Economic Development), Próspera is a private, for-profit city, with its own government that courts foreign investors through low taxes and light regulation. Businesses can choose a regulatory framework from a menu of 36 countries or customize their own.

A California company offers a Montessori education for approximately 60 students. Security is provided by a private firm of armed guards. An arbitration center staffed by three retired Arizona judges handles dispute resolution. (In order to enter the jurisdiction, I was told I needed to sign an “agreement of coexistence” binding myself to 4,202 pages of rules, violations of which would be subject to the jurisdictional authority of the arbitration center.)"

https://www.nytimes.com/2024/08/28/magazine/prospera-honduras-crypto.html?unlocked_article_code=1.708.oULV.u9x6AD71MU2W&smid=tw-share

#Crypto #Crytpocurrencies #Bitcoin #TaxHavens #Honduras #Cyberlibertarianism #Prospera

"[t]he Delaware-based company that founded this experimental town in 2017 has raised $120 million in investments — including from venture-capital funds backed by the Silicon Valley billionaires Peter Thiel, Sam Altman and Marc Andreessen — to transform the territory, about twice the size of Monaco, into the most developed start-up city in the world. Built in a semiautonomous jurisdiction known as a ZEDE (a Spanish acronym for Zone for Employment and Economic Development), Próspera is a private, for-profit city, with its own government that courts foreign investors through low taxes and light regulation. Businesses can choose a regulatory framework from a menu of 36 countries or customize their own.

A California company offers a Montessori education for approximately 60 students. Security is provided by a private firm of armed guards. An arbitration center staffed by three retired Arizona judges handles dispute resolution. (In order to enter the jurisdiction, I was told I needed to sign an “agreement of coexistence” binding myself to 4,202 pages of rules, violations of which would be subject to the jurisdictional authority of the arbitration center.)"

https://www.nytimes.com/2024/08/28/magazine/prospera-honduras-crypto.html?unlocked_article_code=1.708.oULV.u9x6AD71MU2W&smid=tw-share

#Crypto #Crytpocurrencies #Bitcoin #TaxHavens #Honduras #Cyberlibertarianism #Prospera

Pluralistic: Meta's new top EU regulator is contractually prohibited from hurting Meta's feelings (01 Dec 2025)

https://web.brid.gy/r/https://pluralistic.net/2025/12/01/erin-go-blagged/

Pluralistic: Meta's new top EU regulator is contractually prohibited from hurting Meta's feelings (01 Dec 2025)

https://web.brid.gy/r/https://pluralistic.net/2025/12/01/erin-go-blagged/

Pluralistic: Meta's new top EU regulator is contractually prohibited from hurting Meta's feelings (01 Dec 2025)

https://web.brid.gy/r/https://pluralistic.net/2025/12/01/erin-go-blagged/

Pluralistic: Meta's new top EU regulator is contractually prohibited from hurting Meta's feelings (01 Dec 2025)

https://fed.brid.gy/r/https://pluralistic.net/2025/12/01/erin-go-blagged/

Pluralistic: Meta's new top EU regulator is contractually prohibited from hurting Meta's feelings (01 Dec 2025)

https://web.brid.gy/r/https://pluralistic.net/2025/12/01/erin-go-blagged/

Revealing Wealth https://www.amazon.com/MARTYN-RICHARD-JONES-ebook/dp/B0DF1PB7F8 #TaxHaven #TaxHavens #TaxEvasion

Ireland Struck It Rich With Apple. Others Struck It Poor. https://www.byteseu.com/634782/ #AppleInc #CorporateTax #Ireland #MultinationalCorporations #TaxHavens

"Freeports are both a massive folly, and a deeply misguided and even dangerous attempt to recreate offshore tax environments within the UK."

#UKpolitics #Freeports #TaxAvoidance #TaxHavens

https://www.taxresearch.org.uk/Blog/2024/09/26/freeports-should-be-abolished/

Secondly, any form of supplying public infrastructure through "public private partnerships" or equivalent scams – introduced by #Conservatives under John Major, popularised by #Labour under Tony Blair and Gordon Brown, and slavishly followed by the #SNP in years since – is equally a deliberate policy choice to transfer wealth from citizens to investors – and usually an effective choice to transfer wealth from your own economy to #TaxHavens

#WealthConcentration

Secondly, any form of supplying public infrastructure through "public private partnerships" or equivalent scams – introduced by #Conservatives under John Major, popularised by #Labour under Tony Blair and Gordon Brown, and slavishly followed by the #SNP in years since – is equally a deliberate policy choice to transfer wealth from citizens to investors – and usually an effective choice to transfer wealth from your own economy to #TaxHavens

#WealthConcentration

Secondly, any form of supplying public infrastructure through "public private partnerships" or equivalent scams – introduced by #Conservatives under John Major, popularised by #Labour under Tony Blair and Gordon Brown, and slavishly followed by the #SNP in years since – is equally a deliberate policy choice to transfer wealth from citizens to investors – and usually an effective choice to transfer wealth from your own economy to #TaxHavens

#WealthConcentration

Secondly, any form of supplying public infrastructure through "public private partnerships" or equivalent scams – introduced by #Conservatives under John Major, popularised by #Labour under Tony Blair and Gordon Brown, and slavishly followed by the #SNP in years since – is equally a deliberate policy choice to transfer wealth from citizens to investors – and usually an effective choice to transfer wealth from your own economy to #TaxHavens

#WealthConcentration

Secondly, any form of supplying public infrastructure through "public private partnerships" or equivalent scams – introduced by #Conservatives under John Major, popularised by #Labour under Tony Blair and Gordon Brown, and slavishly followed by the #SNP in years since – is equally a deliberate policy choice to transfer wealth from citizens to investors – and usually an effective choice to transfer wealth from your own economy to #TaxHavens

#WealthConcentration

4/ #Pharmariesen haben > 1.300 #Tochtergesellschaften in #Niedrigsteuergebieten.
#Patient*innen müssen wg. hoher #Arzneimittelpreise gefährl. lang warten
#DeadlyPrices

#Pharmafirms stash profits in Europe's #taxhavens as patients struggle with #drugprices
https://www.investigate-europe.eu/posts/deadly-prices-pharma-firms-stash-profits-in-europes-tax-havens-as-patients-struggle-with-drug-prices

4/ #Pharmariesen haben > 1.300 #Tochtergesellschaften in #Niedrigsteuergebieten.
#Patient*innen müssen wg. hoher #Arzneimittelpreise gefährl. lang warten
#DeadlyPrices

#Pharmafirms stash profits in Europe's #taxhavens as patients struggle with #drugprices
https://www.investigate-europe.eu/posts/deadly-prices-pharma-firms-stash-profits-in-europes-tax-havens-as-patients-struggle-with-drug-prices

4/ #Pharmariesen haben > 1.300 #Tochtergesellschaften in #Niedrigsteuergebieten.
#Patient*innen müssen wg. hoher #Arzneimittelpreise gefährl. lang warten
#DeadlyPrices

#Pharmafirms stash profits in Europe's #taxhavens as patients struggle with #drugprices
https://www.investigate-europe.eu/posts/deadly-prices-pharma-firms-stash-profits-in-europes-tax-havens-as-patients-struggle-with-drug-prices

I guess that David Cameron's new position as Foreign Secretary means that he can visit his bank managers in Panama, Cayman Islands and Zurich using the British taxpayer to pay for travel & accommodation. Result!

#davidcameron #Tories #ToryCorruption #taxevasion #taxhavens #cabinetreshuffle

The #EU Tax Observatory has published their "Global Tax Evasion Report 2024". It is available for download here -
https://www.taxobservatory.eu/

One highlight (lowlight) of their report is this - "Finding #2: A large amount of profit shifting to tax havens, with no discernable effect of policies so far - A persistently large amount of profits is shifted to tax havens: $1 trillion in 2022. This is the equivalent of 35% of all the profits booked by multinational companies outside of their headquarter country. The corporate tax revenue losses caused by this shifting are significant, the equivalent of nearly 10% of corporate tax revenues collected globally. U.S. multinationals are responsible for about 40% of global profit shifting, and Continental European countries appear to be the most affected by this evasion."

The attached graph also says a lot - in 1985 the average corporate tay rate in the EU was 50%. In 2020, it was 21%! For another thing, there is *no* difference between the corporate tax rate in the #US and in the #EU. Both 21%.

#Capitalism #Kapitalismus #Tax #Taxation #Taxes #TaxAvoidance #TaxHavens #Corporations #Multinationals #MultinationalCorporations

#PrivateEye reported on English property transferred to overseas companies in the period 2005-2014 only.

All of this orange land featured, mostly transferred to a #Bathurst trust in #Bermuda.

The preservation of the historical profits of Transatlantic slavery, using a British #colonial tax haven. 50% of Bermudans are black, mostly descended from African slaves.

The map is a really interesting piece of journalism:
https://www.private-eye.co.uk/registry

#Cirencester #Cotswolds #Slavery #TaxHavens #Tories

This is the real reason those with money, and therefore power and influence, mounted the #Brexit scam. Without Brexit, they'd have had to declare their offshore assets and income according to EU laws that were just coming into force.

#grifters #GriftersGonnaGrift #arronbanks #Tories #Corruption #victorianpencil #taxhavens #nigelfarage #nigelfartage #moneylaundering #taxevasion

https://www.icij.org/investigations/paradise-papers/tax-havens-could-cost-countries-4-7-trillion-over-the-next-decade-advocacy-group-warns/?s=09

@penpencilbrush On the family that owns New Brunswick
By Abbie Moser / green issue / September 27, 2019

"How one family creates and curates a culture of fear throughout an entire province

"There are very few names that stir up as much debate and controversy in New Brunswick as “Irving” does. As Canada’s eighth wealthiest family, formerly the third wealthiest family in 2014, the Irvings are ranked 13th in terms of most extensive landownership globally, the largest private landowner in Maine, and the fifth largest private landowner in America—the Irving family have disproportionately impacted the historical and contemporary development of my home province. Strong opinions on the Irving family and its corporation are limited to residents of the province, and Canada’s most unknown and corrupt family has gone out of their way to ensure that it has remained this way for decades.

"With their current net worth of $7.38 billion, the Irving family had humble beginnings. The dynastic company got its start back in the 1920s when K.C. Irving started a small service station in his hometown of Bouctouche, New Brunswick. With persistence, he would eventually turn this service station into Irving Oil, a 3,000-franchise distributor across the east coast that controls more than 250 enterprises scattered across North America. None of the various companies that the Irvings own are up for public trade, allowing for no financial transparency. The Irving Oil refinery in #SaintJohn, New Brunswick is the largest oil refinery in all of Canada. The #LungCancer rates in Saint John also just so happen to be 50 percent higher than in #Fredericton and #Moncton, the province’s other major cities, and are likely linked to #environmental factors instead of smoking. Their empire spans from #energy, #forestry, #trucking, #construction, #shipyards, and hardware stores, to owning every single #newspaper in the province (no, I’m not exaggerating), and even a junior league hockey team. Together, the various companies, which are all privately owned by the family, are estimated to be worth $10 billion.

"To feed an oil refinery that produces up to 320,000 barrels a day, Irving imports 100 million barrels of oil each year, most of which comes from #SaudiArabia. The family owns more than 900 gas stations, railway lines, shipping companies, and paper & pulp mills. Supplying 60% of the gasoline in Boston, the Irvings are responsible for nearly one-fifth of American gasoline imports. They employ roughly one in every eight New Brunswickers and account for more than half of the province’s exports.

"K.C. believed heavily in vertical integration and instilled the values of loyalty, hard work, and attention to detail into his empire. He was one of the first Canadians to utilize offshore #TaxHavens, placing his companies in a trust in Bermuda. This move to Bermuda would eventually prompt a Canada Revenue Agency investigation that would reveal that the Irvings’ move allowed them to lower their tax bill by $142 million. Now, roughly a dozen Irving companies are based in Bermuda. Escaping taxes is something that the Irvings are professionals at now. Oil refineries in Alberta that produce the same daily quantity as the one that the Irvings own would pay roughly between $15-16 million a year in taxes while the Irving’s refinery gets away with paying only $5 million.

"The Irvings continue to exploit the province, the natural resources of which have allowed for their wealth and power to flourish, without giving as much as a dime back to the province, allowing for our provincial infrastructure and education systems to suffer. New Brunswick is the second poorest province in Canada—our median income is the lowest amongst the provinces, we have the highest unemployment rates, our provincial government is facing a $453 million deficit, and is paying $685 million a year towards debt-servicing costs. This family doesn’t stop at exploiting the environment; they continue to exploit New Brunswickers, without whom their fortune would not exist. In 2013, it was revealed that Moncton taxpayers paid $88,000 per year to the Moncton Wildcats hockey team to compensate for the loss of income in their corporate seats. Robert Irving owns this hockey team, and the citizens of Moncton were never told that their tax dollars would be distributed to the team. City council made this decision under the condition that another Irving business would establish operations in the city."

Read more:
https://thestrand.ca/on-the-family-that-owns-new-brunswick/

#Pollution #OilRefinery #Oligarchy #Oiligarchy #Toxic

Global #corporations ‘cheating public out of billions in #tax’, say #campaigners | #TaxAvoidance | #TheGuardian

"#Governments around the world could reap almost $90bn a year extra in tax if they made #public their #data on the extent to which #multinational #companies use #TaxHavens, an advocacy group reports."

https://www.theguardian.com/business/2022/nov/15/global-corporations-cheating-public-out-of-billions-in-tax-say-campaigners

@11235
#LandTax is supposed to be 15% of what you might get as #rent if you rented the property.

This is designed to spread the #tax load over the #extremelyWealthy, who have land that is a lot more #productive and/or in the expensive areas, when compared to most peoples' land.

Currently we are being forced to pay more because the extremely wealthy use phony #profitLoss statements, #blindTrusts, #taxhavens and other tricks.

There is a fairer system kept hidden.
@nerdman @kaikatsu @kino