Hsbc

The HSBC Bank what a bunch, it's seems they were running a tax avoidance scam for a hundred
thousands of there rich customers and criminals.
Who will be held to rights nobody,! it seems very much a who is to blame maybe the former Tory
trade minster, as he was in charge of the HSBC Bank at the time and was well aware of what was
going on.
What makes maters worse, only one prosecution on tax avoidance a fine no jail time for that person,
what a fucking country if it was some half wit , doing benefit fraud he would do jail time, for a few thousand,
but some rich twat gets away Scot free, it's a fucking joke money talks and poor go to jail.:mad:

Bank Running Tax Avoidance Scheme Shocker.

The same bank was recently caught laundering money for drug cartels, terrorist groups, various european criminal syndicates including the mafia.

HSBC Judge Approves $1.9B Drug-Money Laundering Accord - Bloomberg Business

This link is just some of it.

It also helped Iran and Gadaffi-era Libya get round economic sanctions imposed on them by the rest of the world and a bunch of other stuff.

The total legal sanctions it faced for this? It got fined two months' profit. And you can guess how many people went to jail.


In other news

With These Hires, Congress Becomes Even More Like a Corporation | The Nation

People are put in prison for stealing toblerone bars and yet HSBC can do all that and not face anything more than a probable paltry fine. Britain is the center of financial sewage and political corruption and this story is a prime example of this. They want the money to keep rolling in, but their reputation is mud and in time it will bite them all on the arse in a rather unpleasant way. Banking and politics, it's running on borrowed time. Tick, tock.

In our country it got worse when the supreme court decided money free speech. Lobbyist kill and are making the country broke

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Originally Posted by walrus

In our country it got worse when the supreme court decided money free speech. Lobbyist kill and are making the country broke

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I hate lobbyists. There are so many lobby groups in America. Some give hundreds of millions of dollars in campaign contributions. This is just bribery. Let's call a spade a spade. Pure bribery

Off shore banking is the bomb, if you havent tried it, do it! No tax, maybe a few procent but no more then that, you earn more. why pay 56 % tax in sweden when you can get away with paying 10 % as that is a lot too! I would say you're stupid if you pay 56 % tax, when you paying 11 procent sales tax on every product you buy anyway! We pay annual tax for fixing our roads where i'm from, while you pay taxes on your car, and you pay taxes on your food, you pay taxes on your bills, and when you get paid you pay taxes because you make money too. Really good if you have your own company!

taxtaxtaxtax, everything is taxed nowdays, while the preminister is flying first class to get to his meeting in koh phangan for the full moon party with the president of islam. screw that. Hongkong was really good for off shore banking when schweiz busted up bad.

Why is it those who can afford to pay there tax don't, and those who really can't do,! remember
theses people are extremely rich, maybe with them avoiding paying there tax, the poor pay more
to make up the loss. :o

Quote:

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Originally Posted by walrus

In our country it got worse when the supreme court decided money free speech. Lobbyist kill and are making the country broke

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I agree wholeheartedly.
However: I say this is what the Conservative side of the supreme court ruled on, not the Supreme Court itself. Once the 5th conservative judge came on board: praise the lord, we can finally do away with those liberal judges fuckin' up the constitution.

So now: money is speech and corporations are people. All 5 conservative Supreme Court justices backed it. They're right, grimey-limey-liberals were wrong.

Because the aggregate limit was questioned by one donor who wanted to donate more to his party candidates- then claimed it was unconstitutional. Wow.
But I gotta look on the bright side: Sine we got more conservative judges now, we know in the future they won't do unethical measures like passing abortion aka Row vs Wade and going against pro-life...erh, uh, ow wait...:confused:

Damn..:mad:
Burgher Powell, Blackmun: appointed by Republican President Richard Nixon.
Brennan and Stewart appointed by Republican President Dwight Eisenhower.
Douglas and Marshall appointed by Democratic Presidents Franklin D. Roosevelt & Johnson,
You mean Conservative leaning judges not only ruled money is speech today, but yesterday ruled in favor of aborting babies??:-\

White was appointed by Democratic President John F. Kennedy And Renquist appointed by Nixon opposed abortion in the United States.

So much for Conservative judges bringing morality back to the people. they did us in with this money is free speech. Not one leeching liberal judge agreed to decided $$ is free speech Not 1.

I expect a main stream bank like HSBC, to act in the appropriate manner not in a criminal one, they
have shown they are a bunch of criminals, yes a Bank acting with very little disregard for the law.
But who can be held responsible, those advocating advice to there rich customers a large fine may
come about, but who is going to take the fall nobody.
The facts are they have been caught, interesting times are a head I wonder how many more Banks
have acted in the same manner.!!!!!:scratchchin:

Quote:

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Originally Posted by Xwetie

Off shore banking is the bomb, if you havent tried it, do it! No tax, maybe a few procent but no more then that, you earn more. why pay 56 % tax in sweden when you can get away with paying 10 % as that is a lot too! I would say you're stupid if you pay 56 % tax, when you paying 11 procent sales tax on every product you buy anyway! We pay annual tax for fixing our roads where i'm from, while you pay taxes on your car, and you pay taxes on your food, you pay taxes on your bills, and when you get paid you pay taxes because you make money too. Really good if you have your own company!

taxtaxtaxtax, everything is taxed nowdays, while the preminister is flying first class to get to his meeting in koh phangan for the full moon party with the president of islam. screw that. Hongkong was really good for off shore banking when schweiz busted up bad.

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Pay your fair share of tax and stop tax evading which is illegal. Companies like Costa, Amazon and Google take our money and should have to pay tax like all other companies. Imprisonment is the only way to stop it.

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Originally Posted by Master

Quote:

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Originally Posted by Xwetie

Off shore banking is the bomb, if you havent tried it, do it! No tax, maybe a few procent but no more then that, you earn more. why pay 56 % tax in sweden when you can get away with paying 10 % as that is a lot too! I would say you're stupid if you pay 56 % tax, when you paying 11 procent sales tax on every product you buy anyway! We pay annual tax for fixing our roads where i'm from, while you pay taxes on your car, and you pay taxes on your food, you pay taxes on your bills, and when you get paid you pay taxes because you make money too. Really good if you have your own company!

taxtaxtaxtax, everything is taxed nowdays, while the preminister is flying first class to get to his meeting in koh phangan for the full moon party with the president of islam. screw that. Hongkong was really good for off shore banking when schweiz busted up bad.

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Pay your fair share of tax and stop tax evading which is illegal. Companies like Costa, Amazon and Google take our money and should have to pay tax like all other companies. Imprisonment is the only way to stop it.

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Well said.

Just look at Iceland which continues to jail fraudulent banksters. Meanwhile, the UK fights for banker bonuses and George Osborne receives free handouts from HSBC. "Nothing to see here chaps, billions hidden from the coffers and I don't care because I got a bribe. Yes, people are burning themselves alive through utter despair. More cuts, I say!". "Why" cry the masses "Why?". "Because I am an evil, evil bastard and I just don't give a shit". Some public servant.

This comparison sums it up nicely. The UK is a banana republic with seemingly no system of equality in the eyes of the law. Weekly you hear of people killing themselves or being put in prison for petty crime and yet powerful and wealthy people are getting away with everything. George Osborne should be in prison for aiding and abetting tax cheats worth tens of billions of pounds and yet they have the audacity to declare more cuts? This is a mafia organisation and not a government. There is no representation for the general public in any way, shape, nor form. It is a criminal group of fraudsters, psychopaths, and kiddy fiddler cover up merchants.

The tax-dodging father, the benefits cheat – and the system that treats them differently | News | The Guardian

US/UK/City of London/Queen Beatrice....... biggest criminals in the history of the planet.

What is the difference between the rich and poor,! the Barrister they will pay thousands for one
but would not pay tax, strange bunch mind you never see a POOR Barrister do you.
The rich looking after the rich,! the old boy's club strange a benefit cheat gets a solicitor a crap
one, both are doing wrong but the benefit cheat will do time, were the rich shit gets a fine if you
jailed the twat for his wrong doing that would stop them.!
In hard cash terms one diddles a few thousand at most, the other diddles millions a two tear system
dishing out Justice and the law in a uneven manner.!!!!

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Originally Posted by Xwetie

Off shore banking is the bomb, if you havent tried it, do it! No tax, maybe a few procent but no more then that, you earn more. why pay 56 % tax in sweden when you can get away with paying 10 % as that is a lot too! I would say you're stupid if you pay 56 % tax, when you paying 11 procent sales tax on every product you buy anyway! We pay annual tax for fixing our roads where i'm from, while you pay taxes on your car, and you pay taxes on your food, you pay taxes on your bills, and when you get paid you pay taxes because you make money too. Really good if you have your own company!

taxtaxtaxtax, everything is taxed nowdays, while the preminister is flying first class to get to his meeting in koh phangan for the full moon party with the president of islam. screw that. Hongkong was really good for off shore banking when schweiz busted up bad.

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Mr Xwetie, I think it may be wise for you to walk the straight and narrow for a time until everything blows over

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Originally Posted by walrus

Quote:

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Originally Posted by Xwetie

Off shore banking is the bomb, if you havent tried it, do it! No tax, maybe a few procent but no more then that, you earn more. why pay 56 % tax in sweden when you can get away with paying 10 % as that is a lot too! I would say you're stupid if you pay 56 % tax, when you paying 11 procent sales tax on every product you buy anyway! We pay annual tax for fixing our roads where i'm from, while you pay taxes on your car, and you pay taxes on your food, you pay taxes on your bills, and when you get paid you pay taxes because you make money too. Really good if you have your own company!

taxtaxtaxtax, everything is taxed nowdays, while the preminister is flying first class to get to his meeting in koh phangan for the full moon party with the president of islam. screw that. Hongkong was really good for off shore banking when schweiz busted up bad.

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Mr Xwetie, I think it may be wise for you to walk the straight and narrow for a time until everything blows over

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Xtweite is in deep shit as he has knocked up a Vietnamese maid in Stockton, California. here she is:

HSBC are vultures of the worst kind. They prey on kids going to university and offer free credit, but of course their credit is phantom money. They hook youngsters into the junkie system and the government goes along with it. It shouldn't be allowed. The current scandal is really bad, but HSBC is a despicable organisation that should be out on its fucking ears for hurting poor young people.

All of the UK banks are up to this kind of thing and it is abuse. You try being a young poor person and having no way up. There is no way up in UK society and trolls like HSBC offer their hand and like Shylock offer deceptive deals. Fuck them. Withdraw your money, screw them over. You owe nothing to them and if they come looking then rip them to shreds.

Their behavior means everyone has the right to rip off HSBC and so they should. There is no moral argument to say you are wrong. ;)

I have ripped off HSBC in Dublin, when I kicked an ATM in Temple Bar district after doing 6 shots of Connemara peated Single Malt Irish Whiskey. A Venezuelan whore then invited me for a blowjob but I kept kicking the ATM.

HSBC is a criminal organisation full stop. They trade drug money, they hide billions in assets, but they target young Brits who have no idea about this fucked up world. Screw HSBC should be the motto.

Dirty illegal bank. Never pay anything to a fraudulent bank. Unless you are George Osborne off his head on coke and hookers.

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Originally Posted by Dia bando

I expect a main stream bank like HSBC, to act in the appropriate manner not in a criminal one, they
have shown they are a bunch of criminals, yes a Bank acting with very little disregard for the law.
But who can be held responsible, those advocating advice to there rich customers a large fine may
come about, but who is going to take the fall nobody.
The facts are they have been caught, interesting times are a head I wonder how many more Banks
have acted in the same manner.!!!!!:scratchchin:

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All of them.

NatWest Offshore Banking

BBC News - Barclays to close 'tax avoidance' unit


and so on. And HSBC will still offer tax avoidance strategies to their customers, they'll just do it another of the various ways you can do it.

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Originally Posted by Master

Quote:

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Originally Posted by Xwetie

Off shore banking is the bomb, if you havent tried it, do it! No tax, maybe a few procent but no more then that, you earn more. why pay 56 % tax in sweden when you can get away with paying 10 % as that is a lot too! I would say you're stupid if you pay 56 % tax, when you paying 11 procent sales tax on every product you buy anyway! We pay annual tax for fixing our roads where i'm from, while you pay taxes on your car, and you pay taxes on your food, you pay taxes on your bills, and when you get paid you pay taxes because you make money too. Really good if you have your own company!

taxtaxtaxtax, everything is taxed nowdays, while the preminister is flying first class to get to his meeting in koh phangan for the full moon party with the president of islam. screw that. Hongkong was really good for off shore banking when schweiz busted up bad.

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Pay your fair share of tax and stop tax evading which is illegal. Companies like Costa, Amazon and Google take our money and should have to pay tax like all other companies. Imprisonment is the only way to stop it.

---

You're right, evading taxes is wrong and tax evasion is rightly illegal. But this HSBC incident is tax avoidance, which is entirely legal. Tax evasion and tax avoidance. Two completely different things.

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Originally Posted by Kirkland Laing

Quote:

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Originally Posted by Master

Quote:

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Originally Posted by Xwetie

Off shore banking is the bomb, if you havent tried it, do it! No tax, maybe a few procent but no more then that, you earn more. why pay 56 % tax in sweden when you can get away with paying 10 % as that is a lot too! I would say you're stupid if you pay 56 % tax, when you paying 11 procent sales tax on every product you buy anyway! We pay annual tax for fixing our roads where i'm from, while you pay taxes on your car, and you pay taxes on your food, you pay taxes on your bills, and when you get paid you pay taxes because you make money too. Really good if you have your own company!

taxtaxtaxtax, everything is taxed nowdays, while the preminister is flying first class to get to his meeting in koh phangan for the full moon party with the president of islam. screw that. Hongkong was really good for off shore banking when schweiz busted up bad.

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Pay your fair share of tax and stop tax evading which is illegal. Companies like Costa, Amazon and Google take our money and should have to pay tax like all other companies. Imprisonment is the only way to stop it.

---

You're right, evading taxes is wrong and tax evasion is rightly illegal. But this HSBC incident is tax avoidance, which is entirely legal. Tax evasion and tax avoidance. Two completely different things.

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I would pay tax if it was reasonable like in different countries, like Australia and USA for example where it's reasonable! I can give you an example, Have anyone of you heard of Astrid Lindgren? She's was a Swedish writter who wrote books for children. a scandal arose in Sweden when Lindgren's marginal tax rate was publicised to have risen to 102%, And big companies move overseas for its impossible to have a business in here, Like Volvo, they are overseas now, Saab didn't move overseas and they got out of business instead. "capitalism is above the law It say, "it don't count 'less it sells" When it costs too much to build it at home You just build it cheaper someplace else." But companies that don't have the ability to move overseas have to do something about the high tax rate, so most of them lower the invoice/income, getting offshore banks just to survive, and the economic durring the past years been horrible! And we had an election not to far ago and it just went really bad.

But then when it come to a drug cartel its another thing. Somepoeple do it for survive, some people doing it for becoming rich. it's two different things

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Originally Posted by Xwetie

Quote:

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Originally Posted by Kirkland Laing

Quote:

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Originally Posted by Master

Quote:

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Originally Posted by Xwetie

Off shore banking is the bomb, if you havent tried it, do it! No tax, maybe a few procent but no more then that, you earn more. why pay 56 % tax in sweden when you can get away with paying 10 % as that is a lot too! I would say you're stupid if you pay 56 % tax, when you paying 11 procent sales tax on every product you buy anyway! We pay annual tax for fixing our roads where i'm from, while you pay taxes on your car, and you pay taxes on your food, you pay taxes on your bills, and when you get paid you pay taxes because you make money too. Really good if you have your own company!

taxtaxtaxtax, everything is taxed nowdays, while the preminister is flying first class to get to his meeting in koh phangan for the full moon party with the president of islam. screw that. Hongkong was really good for off shore banking when schweiz busted up bad.

---

Pay your fair share of tax and stop tax evading which is illegal. Companies like Costa, Amazon and Google take our money and should have to pay tax like all other companies. Imprisonment is the only way to stop it.

---

You're right, evading taxes is wrong and tax evasion is rightly illegal. But this HSBC incident is tax avoidance, which is entirely legal. Tax evasion and tax avoidance. Two completely different things.

---

I would pay tax if it was reasonable like in different countries, like Australia and USA for example where it's reasonable! I can give you an example, Have anyone of you heard of Astrid Lindgren? She's was a Swedish writter who wrote books for children. a scandal arose in Sweden when Lindgren's marginal tax rate was publicised to have risen to 102%, And big companies move overseas for its impossible to have a business in here, Like Volvo, they are overseas now, Saab didn't move overseas and they got out of business instead. "capitalism is above the law It say, "it don't count 'less it sells" When it costs too much to build it at home You just build it cheaper someplace else." But companies that don't have the ability to move overseas have to do something about the high tax rate, so most of them lower the invoice/income, getting offshore banks just to survive, and the economic durring the past years been horrible! And we had an election not to far ago and it just went really bad.

But then when it come to a drug cartel its another thing. Somepoeple do it for survive, some people doing it for becoming rich. it's two different things

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Scandinavian countries all have a lower corporate tax rate than Germany does. Germany also has the strongest unions and the second-highest level of worker protections and benefits in Europe but also has the lowest unemployment rate, a booming export-driven economy and a massive trade surplus.

Firms like Nokia can come from nowhere in a country with zero tech heritage and become a world-class tech company so it would appear that there aren't too many barriers to business to succeed over there.

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Originally Posted by Dia bando

The HSBC Bank what a bunch, it's seems they were running a tax avoidance scam for a hundred
thousands of there rich customers and criminals.
Who will be held to rights nobody,! it seems very much a who is to blame maybe the former Tory
trade minster, as he was in charge of the HSBC Bank at the time and was well aware of what was
going on.
What makes maters worse, only one prosecution on tax avoidance a fine no jail time for that person,
what a fucking country if it was some half wit , doing benefit fraud he would do jail time, for a few thousand,
but some rich twat gets away Scot free, it's a fucking joke money talks and poor go to jail.:mad:

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The sad thing is that this is just ONE Swiss Bank. I'm from The Bahamas and there are 55 passport holders accounting for nearly $7 bn dollars in Swiss Accounts.

While Obama, Cameron, etc,... want to talk about "offshore" banking in Caribbean jurisdictions, they need to focus on private banking in Europe.

Bank leak reveals billions from Caribbean stashed in Switzerland | Caribbean News Now

Quote:

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Originally Posted by ykdadamaja

Quote:

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Originally Posted by Dia bando

The HSBC Bank what a bunch, it's seems they were running a tax avoidance scam for a hundred
thousands of there rich customers and criminals.
Who will be held to rights nobody,! it seems very much a who is to blame maybe the former Tory
trade minster, as he was in charge of the HSBC Bank at the time and was well aware of what was
going on.
What makes maters worse, only one prosecution on tax avoidance a fine no jail time for that person,
what a fucking country if it was some half wit , doing benefit fraud he would do jail time, for a few thousand,
but some rich twat gets away Scot free, it's a fucking joke money talks and poor go to jail.:mad:

---

The sad thing is that this is just ONE Swiss Bank. I'm from The Bahamas and there are 55 passport holders accounting for nearly $7 bn dollars in Swiss Accounts.

While Obama, Cameron, etc,... want to talk about "offshore" banking in Caribbean jurisdictions, they need to focus on private banking in Europe.

Bank leak reveals billions from Caribbean stashed in Switzerland | Caribbean News Now

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Obama and Cameron suck a donkey's ass simultaneously

Quote:

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Originally Posted by brocktonblockbust

Quote:

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Originally Posted by ykdadamaja

Quote:

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Originally Posted by Dia bando

The HSBC Bank what a bunch, it's seems they were running a tax avoidance scam for a hundred
thousands of there rich customers and criminals.
Who will be held to rights nobody,! it seems very much a who is to blame maybe the former Tory
trade minster, as he was in charge of the HSBC Bank at the time and was well aware of what was
going on.
What makes maters worse, only one prosecution on tax avoidance a fine no jail time for that person,
what a fucking country if it was some half wit , doing benefit fraud he would do jail time, for a few thousand,
but some rich twat gets away Scot free, it's a fucking joke money talks and poor go to jail.:mad:

---

The sad thing is that this is just ONE Swiss Bank. I'm from The Bahamas and there are 55 passport holders accounting for nearly $7 bn dollars in Swiss Accounts.

While Obama, Cameron, etc,... want to talk about "offshore" banking in Caribbean jurisdictions, they need to focus on private banking in Europe.

Bank leak reveals billions from Caribbean stashed in Switzerland | Caribbean News Now

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Obama and Cameron suck a donkey's ass simultaneously

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They probably have been doing so for quite some time....

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Originally Posted by Kirkland Laing

Quote:

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Originally Posted by Master

Quote:

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Originally Posted by Xwetie

Off shore banking is the bomb, if you havent tried it, do it! No tax, maybe a few procent but no more then that, you earn more. why pay 56 % tax in sweden when you can get away with paying 10 % as that is a lot too! I would say you're stupid if you pay 56 % tax, when you paying 11 procent sales tax on every product you buy anyway! We pay annual tax for fixing our roads where i'm from, while you pay taxes on your car, and you pay taxes on your food, you pay taxes on your bills, and when you get paid you pay taxes because you make money too. Really good if you have your own company!

taxtaxtaxtax, everything is taxed nowdays, while the preminister is flying first class to get to his meeting in koh phangan for the full moon party with the president of islam. screw that. Hongkong was really good for off shore banking when schweiz busted up bad.

---

Pay your fair share of tax and stop tax evading which is illegal. Companies like Costa, Amazon and Google take our money and should have to pay tax like all other companies. Imprisonment is the only way to stop it.

---

You're right, evading taxes is wrong and tax evasion is rightly illegal. But this HSBC incident is tax avoidance, which is entirely legal. Tax evasion and tax avoidance. Two completely different things.

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Accruing tax liabilities and then simply not paying them is even more fun. A small time sole trader owes hundreds of thousands of dollars to the tax office. File for bankruptcy and like any other provable unsecured liability due and payable pre - bankruptcy date the Trustee only has to make income contributions to the creditor once a certain threshold is exceeded. "Controlling" net business income under this threshold operating as a sole trader is not realistic so a private company is created and an associate is made director (as a bankruptee must first be discharged before they are eligible to hold such office). Pay the bankruptee a paper wage that is conveniently under the threshold while a paper director's fee along with any other paper wages paid to other "employees" of the company are passed under the table to the bankruptee. Effectively the debt is written-off after a few years and business has carried on as usual. It is not just the big boys getting cheeky, it could also be your next door neighbour - the hundreds of thousands who fly under the radar.