Hsbc

[Master]

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.

[SlimTrae]

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.

Well said.

[Gandalf]

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.

[Gandalf]

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

[brocktonblockbust]

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

[Dia bando]

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.!!!!

[Kirkland Laing]

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.

[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

[Kirkland Laing]

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

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.

[jahmez]

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.

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.