• KPMG and Tax Havens for the Rich : The Untouchables - the fifth estate

    A story of money, secrecy and greed: a tax dodge for the wealthy dreamed up by one of the biggest accounting giants in the world KPMG Canada devised what it called an “Offshore Company Structure” for a select group of rich clients: they would claim to give away millions of dollars to a shell company supposedly out of their control and therefore wouldn’t have to pay taxes on it. In the U.S., top KPMG officials were convicted of tax evasion schemes concocted there. But in Canada, a different scheme led to a secret amnesty deal with the Canada Revenue Agency. A federal government inquiry vowing to get to the bottom of it went nowhere What was the accounting firm trying to hide? With revelations from industry insiders, internal KPMG documents and corporate records from the Isle of Man of...

    published: 04 Mar 2017
  • Tax Havens 101: the High Cost of Going Offshore

    What are offshore tax havens, who uses them, and how do they work? Find out in our explainer, and get the full story at icij.org/offshore. Written by Kimberley Porteous and Marina Walker Guevara, with Scott Higham. Animations by Sohail Al-Jamea and Patterson Clark.

    published: 07 Apr 2013
  • Paradise Papers: How tax havens work and why they are a problem

    Tax havens and offshore accounts and trusts, detailed in the Paradise Papers, are used by the world's wealthiest to legally avoid paying taxes. Here's how they work and why they are a problem. To read more: http://www.cbc.ca/paradisepapers SOURCE LIST: CBC News | Paradise Papers investigation http://www.cbc.ca/paradisepapers International Consortium of Investigative Journalists | Paradise Papers investigation https://www.icij.org/investigations/paradise-papers/ CBC News | Tax havens: How the rich hide money http://www.cbc.ca/news2/interactives/offshore-tax-havens/index.html ICIJ | Tax havens 101: The high cost of going offshore https://www.youtube.com/watch?v=gy2RgjIIZyA CBC News | Huge offshore data leak reveals financial secrets of global elite — from the Queen to former PMs h...

    published: 05 Nov 2017
  • 12 Best Tax Haven in the World | Offshore Tax Havens | Tax Havens Countries

    The world of offshore accounts, shell companies and tax havens extends far beyond the fictional legal thrillers you see on the silver screen. Offshore tax havens — countries or territories where taxes are assessed at a low or nonexistent rate — are very much a reality, and U.S.-based multinational corporations play a starring role in the real-life drama. According to a 2016 report by Citizens for Tax Justice, 367 companies in the Fortune 500 operate subsidiaries in tax-haven nations around the globe. Just like major corporations, individuals can take advantage of the web of financial loopholes and legislation that foreign countries offer. Click through to discover 12 of these tax havens, which might help you pay less on your tax bill this year or at some point in the future. BERMUDA Ber...

    published: 29 May 2017
  • The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

    James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play. In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world. The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands...

    published: 23 May 2013
  • How Tax Shelters Work

    A peek inside the world of shadowy tax havens. The full story here: http://bit.ly/QFuqkX

    published: 22 Sep 2012
  • KPMG offshore tax dodge

    A former client of the accounting giant KPMG says a tax dodge that involved wealthy people gifting their money to an offshore jurisdiction was a 'facade' designed to hide money from the taxman Click here for the full story: http://www.cbc.ca/1.4006469 »»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1 Voice Your Opinion & Connect With Us Online: The National Updates on Facebook: https://www.facebook.com/thenational The National Updates on Twitter: https://twitter.com/CBCTheNational The National Updates on Google+: https://plus.google.com/+CBCTheNational »»» »»» »»» »»» »»» The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis ...

    published: 04 Mar 2017
  • Transfer pricing and tax havens | Taxes | Finance & Capital Markets | Khan Academy

    How a corporation can set up a tax haven and use it through transfer pricing. Created by Sal Khan. Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/taxes-topic/corporate-taxation/v/is-limited-liability-or-double-taxation-fair?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: In exchange for being treated as a person-like-legal entity (and the limited liability this gives for its owners), most corporations pay taxes. This tutorial focuses on what corporations are, "double taxation" and a few ways that multinationals might try to get out of paying taxes. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboa...

    published: 08 Oct 2012
  • Tax Havens: The Great Scam

    Tax Haven, tax avoidance, off-shore economy, taxation, tax system, tax, mispricing, Producer and director : François Jacob Animator : Jean-François Robichaud Narrator : Gabriel Brown

    published: 21 Nov 2012
  • PanamaPapers – The Shady World of Offshore Companies | Das Erste | NDR

    For decades, presidents, drug smugglers and criminals have used a Panamanian law firm to hide their accounts and valuables. This is revealed in documents reviewed by media partners around the world, including NDR and WDR. A total of 370 journalists from 78 countries evaluated around 11.5 million documents in the course of their reporting on the “PanamaPapers.” An anonymous source provided the data to Germany’s Süddeutsche Zeitung. The paper then shared it with the International Consortium of Investigative Journalists (ICIJ) and partners across the globe, including NDR and WDR. http://www.daserste.de

    published: 08 Apr 2016
  • LEGAL WAYS TO AVOID PAYING TAX - The Super Rich Elite are Doing It, So Why Dont You?

    SUBSCRIBE to ELITE NWO AGENDA for Latest on USD COLLAPSE / GOLD / SILVER / BITCOIN / NEW WORLD ORDER / ILLUMINATI / TAX HAVEN http://www.youtube.com/EliteNWOAgenda LEGAL WAYS TO AVOID PAYING TAX - The Super Rich Elite are Doing It, So Why Dont You? Don't take an income Selling assets and realising capital gains could give you a source of cash if you needed it, and careful planning so losses in previous years offset any gains could help reduce your capital gains tax bill. Give to charity This is one of the strategies the government is planning to crack down on, although its plans have attracted controversy and could be watered down as a result. Currently, if you give assets to charity you can claim income tax relief up to their entire value. The government's own Directgov website gives ...

    published: 14 Jul 2014
  • Tax Havens • Explained With Maps

    Tax havens play an important role in the globalization of capital markets, but also threaten their stability and structure. What are the properties of tax havens? How profit private persons, companies and the organized crime from tax havens? Video transcript and images: http://explainedwithmaps.com/tax-havens/

    published: 10 Jan 2015
  • Tax havens

    For raising the foreign capitals the certain countries and territories create favorable tax and other conditions for businessmen. There is 1/6 part of world wealth concentrated in the Tax havens today.

    published: 21 May 2013
  • Rich using offshore tax havens exposed

    http://www.euronews.com/ The International Consortium of Investigative Journalists (==ICIJ==) has obtained an unprecedented cache of information about cash in tax havens and begun to publish its findings. The names of thousands of people have been revealed and their wealth management plans disclosed. Many involve secret companies set up in the British Virgin Islands (BVI). Several high-profile politicians have been named and potentially shamed. French President Francois Hollande's campaign manager Jean-Jacques Augier has links to a BVI company. While the President of Azerbaijan Ilham Aliyev and members of his family are also identified within the leaked information. Analysts estimate that the offshore industry could be as large as 25 trillion euros in size. Those who hide their offshore...

    published: 04 Apr 2013
  • Google's $2 Billion Tax Shelter

    "By funneling nearly $10 billion in revenue into a Bermuda shell company last year, Google dodged about $2 billion in income taxes worldwide, Bloomberg News reports, citing financial records. The off-shore tax shelter — legal in the United States and elsewhere — cut Google's tax rate nearly in half, Bloomberg says. Bermuda has no corporate income tax. Bloomberg says the amount saved was about 80% of the company's pre-tax profit."* Google has employed some pretty impressive tricks in avoiding paying their taxes, keeping $2 billion they should have paid in taxes worldwide. But don't worry, someone else will pay the bill. Us. Will the U.S. government crack down on Google? Cenk Uygur knows the answer. *Read more from Michael Winter/ USA Today: http://www.usatoday.com/story/tech/2012/12/10/...

    published: 11 Dec 2012
  • These Corporations Have Money in the Cayman Islands

    Dave and his panel discuss "Are you with America or The Cayman Islands?" ►►Subscribe to Rubin Report for more: http://www.youtube.com/subscription_center?add_user=RubinReport Dave and his guests discuss the startling facts that Sen. Bernie Sanders presented in his article on The Huffington Post. How should we feel about our banks going "offshore" to avoid paying U.S. taxes? Is this the new American way of doing business? -In 2008, Congress approved a $700 billion gift to Wall Street. Another $16 trillion in virtually zero interest loans and other financial assistance came from the Federal Reserve. -In 2010, Bank of America set up more than 200 subsidiaries in the Cayman Islands (which has a corporate tax rate of 0.0 percent) to avoid paying U.S. taxes. On top of that, they received a ...

    published: 22 Feb 2013
  • The new tax havens

    American companies are finding new overseas tax havens to legally protect some of their profits from the U.S. tax rate of 35 percent, among the highest in the world. Lesley Stahl reports.

    published: 15 Aug 2011
  • Your home, your tax shelter

    Companies have the Cayman Islands, and you have your home. Christine Romans breaks down what you can deduct on your taxes from your home.

    published: 24 Feb 2015
  • Justin Trudeau linked to offshore tax havens

    Over the last two years Justin Trudeau has demonized hardworking Canadians, branding local businesses, farmers, and waitresses as “tax cheats.” At the same time, Trudeau and his wealthy Liberal insiders kept their “family fortunes” protected. The Paradise Papers and Stephen Bronfman exemplify Justin Trudeau’s hypocrisy. Trudeau's well-connected Liberal friends get away with paying less, and Canadians pay more. There’s nothing fair about that. So today I asked the Prime Minister some straightforward questions about his connections to the Paradise Papers.

    published: 07 Nov 2017
  • What is the Delaware Loophole

    A tax haven is a jurisdiction where particular taxes, such as an inheritance tax or income tax, are levied at a low rate or not at all. It may also refer to a state, country, or territory which maintains a system of financial secrecy, which enables foreign individuals to hide assets or income to avoid or reduce taxes in the home jurisdiction. Earnings from income generated from real estate (i.e. by renting property owned in an offshore jurisdiction) can also be eliminated in this way. If taxes (if any) are paid in the tax haven jurisdiction, companies can avoid taxes in their home jurisdiction because the tax had already been paid in the lower tax rate jurisdiction. Some taxes (such as inheritance tax on the real estate, VAT on the initial purchase price of the real estate, or transfer tax...

    published: 21 May 2016
  • Taxation Offshore Tax Shelters Why they are difficult to detect

    This presentation will provide examples of how tax havens work including references to the Panama Leaks. The presentation is about solutions including involvement of all countries around the world as part of stronger banking regulations as well as tax treaties. The presentation will talk about the UN and its needs to provide more oversight and audits when it comes to foreign aid.

    published: 17 Apr 2016
  • What you need to know about tax shelters in Canada - Tax Tip Weekly

    What do you know about tax shelters in Canada? It may be associated with tax evasion, illegal schemes, or other bad practices – however, not all tax shelters are bad news! Learn more through this week’s Tax Tip Weekly! 0:33 - What is a tax shelter? 0:47 - Tax shelter arrangements 1:30 - Legitimate tax shelters 2:12 - The Tip Visit our website for more information and tax-related advice: http://madanca.com Follow us on social media Twitter: https://twitter.com/Madan_CA Facebook: https://www.facebook.com/MadanCharteredAccountant/ Instagram: https://www.instagram.com/madanaccounting/ Google+: https://plus.google.com/108551869453511666601/posts Download any of our free eBooks available on Amazon “Tax Tips for Canadians”: https://www.amazon.ca/Tax-Tips-Canadians-Allan-Madan-ebook/dp/B01E...

    published: 07 May 2015
  • two minute challenge offshore tax shelters

    published: 23 Jun 2014
  • US corporations hide $1.4 TRILLION in tax havens

    Anti-poverty charity Oxfam released a new report entitled, Broken at the Top, which asserts that the US's top 50 corporations have stashed $1.4 trillion in offshore tax havens to avoid paying taxes. Worse, the report asserts that, in the same time period, those same corporations actually received $11 trillion in federal loans, bailouts, and loan guarantees - from the rest of America's taxpayers. The Resident discusses. Follow The Resident at http://www.twitter.com/TheResident Find RT America in your area: http://rt.com/where-to-watch/ Or watch us online: http://rt.com/on-air/rt-america-air/ Like us on Facebook http://www.facebook.com/RTAmerica Follow us on Twitter http://twitter.com/RT_America

    published: 26 Apr 2016
developed with YouTube
KPMG and Tax Havens for the Rich : The Untouchables - the fifth estate
43:00

KPMG and Tax Havens for the Rich : The Untouchables - the fifth estate

  • Order:
  • Duration: 43:00
  • Updated: 04 Mar 2017
  • views: 81457
videos
A story of money, secrecy and greed: a tax dodge for the wealthy dreamed up by one of the biggest accounting giants in the world KPMG Canada devised what it called an “Offshore Company Structure” for a select group of rich clients: they would claim to give away millions of dollars to a shell company supposedly out of their control and therefore wouldn’t have to pay taxes on it. In the U.S., top KPMG officials were convicted of tax evasion schemes concocted there. But in Canada, a different scheme led to a secret amnesty deal with the Canada Revenue Agency. A federal government inquiry vowing to get to the bottom of it went nowhere What was the accounting firm trying to hide? With revelations from industry insiders, internal KPMG documents and corporate records from the Isle of Man offshore tax haven, we expose the details of the scheme and unveil the names of some of the wealthy clients. A joint investigation by the fifth estate and Radio-Canada’s Enquete program --- Subscribe for more videos from the fifth estate : http://bit.ly/25W8cpn Connect with the fifth estate online : Website : http://bit.ly/1d0FBxq Facebook : http://bit.ly/1UO9B8S Twitter : http://bit.ly/237VM8P Instagram : http://bit.ly/25W8SLs About the fifth estate : For four decades the fifth estate has been Canada's premier investigative documentary program. Hosts Bob McKeown, Gillian Findlay and Mark Kelley continue a tradition of provocative and fearless journalism. the fifth estate brings in-depth investigations that matter to Canadians – delivering a dazzling parade of political leaders, controversial characters and ordinary people whose lives were touched by triumph or tragedy.
https://wn.com/Kpmg_And_Tax_Havens_For_The_Rich_The_Untouchables_The_Fifth_Estate
Tax Havens 101: the High Cost of Going Offshore
3:41

Tax Havens 101: the High Cost of Going Offshore

  • Order:
  • Duration: 3:41
  • Updated: 07 Apr 2013
  • views: 167780
videos
What are offshore tax havens, who uses them, and how do they work? Find out in our explainer, and get the full story at icij.org/offshore. Written by Kimberley Porteous and Marina Walker Guevara, with Scott Higham. Animations by Sohail Al-Jamea and Patterson Clark.
https://wn.com/Tax_Havens_101_The_High_Cost_Of_Going_Offshore
Paradise Papers: How tax havens work and why they are a problem
3:00

Paradise Papers: How tax havens work and why they are a problem

  • Order:
  • Duration: 3:00
  • Updated: 05 Nov 2017
  • views: 63190
videos
Tax havens and offshore accounts and trusts, detailed in the Paradise Papers, are used by the world's wealthiest to legally avoid paying taxes. Here's how they work and why they are a problem. To read more: http://www.cbc.ca/paradisepapers SOURCE LIST: CBC News | Paradise Papers investigation http://www.cbc.ca/paradisepapers International Consortium of Investigative Journalists | Paradise Papers investigation https://www.icij.org/investigations/paradise-papers/ CBC News | Tax havens: How the rich hide money http://www.cbc.ca/news2/interactives/offshore-tax-havens/index.html ICIJ | Tax havens 101: The high cost of going offshore https://www.youtube.com/watch?v=gy2RgjIIZyA CBC News | Huge offshore data leak reveals financial secrets of global elite — from the Queen to former PMs http://www.cbc.ca/1.4387338 CBC News | How Canada got into bed with tax havens http://www.cbc.ca/1.3641278 CBC News | Deals Canada signed to catch tax cheats allow billions in taxes to escape http://www.cbc.ca/1.3639597 CBC News | Canadian ties exposed in leaked Bahamas tax-haven data http://www.cbc.ca/1.3771867 Department of Finance Canada | Tax Information Exchange Agreements https://www.fin.gc.ca/treaties-conventions/tieaaerf-eng.asp »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX Find CBC News on Facebook: http://bit.ly/1WjG36m Follow CBC News on Twitter: http://bit.ly/1sA5P9H For breaking news on Twitter: http://bit.ly/1WjDyks Follow CBC News on Instagram: http://bit.ly/1Z0iE7O Download the CBC News app for iOS: http://apple.co/25mpsUz Download the CBC News app for Android: http://bit.ly/1XxuozZ »»»»»»»»»»»»»»»»»» For more than 75 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
https://wn.com/Paradise_Papers_How_Tax_Havens_Work_And_Why_They_Are_A_Problem
12 Best Tax Haven in the World | Offshore Tax Havens | Tax Havens Countries
11:03

12 Best Tax Haven in the World | Offshore Tax Havens | Tax Havens Countries

  • Order:
  • Duration: 11:03
  • Updated: 29 May 2017
  • views: 1643
videos
The world of offshore accounts, shell companies and tax havens extends far beyond the fictional legal thrillers you see on the silver screen. Offshore tax havens — countries or territories where taxes are assessed at a low or nonexistent rate — are very much a reality, and U.S.-based multinational corporations play a starring role in the real-life drama. According to a 2016 report by Citizens for Tax Justice, 367 companies in the Fortune 500 operate subsidiaries in tax-haven nations around the globe. Just like major corporations, individuals can take advantage of the web of financial loopholes and legislation that foreign countries offer. Click through to discover 12 of these tax havens, which might help you pay less on your tax bill this year or at some point in the future. BERMUDA Bermuda earned the dubious distinction of ranking No. 1 on Oxfam’s 2016 list of the world’s worst corporate tax havens. Bermuda features a zero percent corporate tax rate, as well as no personal income tax rate. Due to the lack of corporate taxes, U.S. multinational companies have raked in huge amounts of money in Bermuda, notably recording profits of $80 billion in 2012. That amount exceeded their profits reported in Japan, China, France and Germany combined. NETHERLANDS The most popular tax haven among the Fortune 500 is the Netherlands, with more than half of the Fortune 500 reporting at least one subsidiary there. Oxfam’s list of the worst corporate tax havens placed this Benelux country at No. 3. National governments often use tax incentives to lure businesses to invest in their country. However, far too often tax incentives have been found to be ineffective, inefficient and costly, according to Oxfam. In the Netherlands, one such tax incentive cost an estimated 1.2 billion euros in 2016. That is equivalent to 7.6 percent of what the Netherlands receives in total income from corporation tax. LUXEMBOURG Like the Netherlands, Luxembourg is one of the three countries that form the Benelux countries, which also have a reputation for being tax shelters. Luxembourg’s tax-haven status comes from its business-friendly laws that allow international companies to park portions of their business in the nation and dodge billions in tax bills. Tax-friendly characteristics include tax incentives, zero percent withholding taxes and evidence of large-scale profit shifting, according to Oxfam. CAYMAN ISLANDS The Cayman Islands offer “probably the biggest (tax) loophole now for individuals as well as the multinational corporations,” said Crystal Stranger, Los Angeles-based tax operations director at 1st Tax Inc. The Cayman Islands come in at No. 2 on Oxfam’s list of the worst tax havens. The Caymans are a British Overseas Territory, a designation that seems to be a common thread running through several tax havens on the Oxfam list. The Caymans and other countries with laws that allow a corporation to be formed and retain assets without paying tax, Stranger said. “When held for business purposes, this is perfectly legal and not a tax-avoidance strategy,” she said. However, the tax advantages and implications are complex, and a professional is probably best equipped to handle them, she said. The tax benefits can be worthwhile to the many businesses from the U.S. and around the world that have assets in the Caymans. In 2012, American multinational companies reported $46 billion in profits from subsidiaries based in the Cayman Islands, according to a report by Citizens for Tax Justice. That compared to a gross domestic product of just $3 billion for the territory. SINGAPORE This tiny sovereign city-state was once a British colony, and now is a hub for multinational corporate subsidiaries. Like the Netherlands and Luxembourg, Singapore actually has “reasonable” nominal corporate tax rates, according to Oxfam. Yet, like those nations, Singapore still finds a way to be one of the top tax havens in the world. Singapore circumvents its “reasonable” corporate tax rates through tax incentives, lack of withholding taxes and what appears to be substantial profit shifting, according to the Oxfam report. CHANNEL ISLANDS Located between England and France, the Channel Islands host hundreds of international corporate subsidiaries. For example, Morgan Stanley alone has 33 tax haven subsidiaries in the Channel Islands, according to a report by the Citizens for Tax Justice. The Channel Islands consist of two British Crown dependencies: The Bailiwick of Jersey, consisting of Jersey The Bailiwick of Guernsey, consisting of three separate jurisdictions: Guernsey, Alderney and Sark Crown dependencies are not part of the United Kingdom, but are instead self-governing territories. Jersey’s status as a tax haven rose in the mid-20th century, when many rich British citizens moved their wealth to the island. At that time
https://wn.com/12_Best_Tax_Haven_In_The_World_|_Offshore_Tax_Havens_|_Tax_Havens_Countries
The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013
16:50

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

  • Order:
  • Duration: 16:50
  • Updated: 23 May 2013
  • views: 25456
videos
James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play. In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world. The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands. Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same. About TEDx In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
https://wn.com/The_Bizarre_Economics_Of_Tax_Havens_And_Pirate_Banking_James_S._Henry_At_Tedxradboudu_2013
How Tax Shelters Work
1:44

How Tax Shelters Work

  • Order:
  • Duration: 1:44
  • Updated: 22 Sep 2012
  • views: 16555
videos
A peek inside the world of shadowy tax havens. The full story here: http://bit.ly/QFuqkX
https://wn.com/How_Tax_Shelters_Work
KPMG offshore tax dodge
3:11

KPMG offshore tax dodge

  • Order:
  • Duration: 3:11
  • Updated: 04 Mar 2017
  • views: 2635
videos
A former client of the accounting giant KPMG says a tax dodge that involved wealthy people gifting their money to an offshore jurisdiction was a 'facade' designed to hide money from the taxman Click here for the full story: http://www.cbc.ca/1.4006469 »»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1 Voice Your Opinion & Connect With Us Online: The National Updates on Facebook: https://www.facebook.com/thenational The National Updates on Twitter: https://twitter.com/CBCTheNational The National Updates on Google+: https://plus.google.com/+CBCTheNational »»» »»» »»» »»» »»» The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.
https://wn.com/Kpmg_Offshore_Tax_Dodge
Transfer pricing and tax havens | Taxes | Finance & Capital Markets | Khan Academy
6:47

Transfer pricing and tax havens | Taxes | Finance & Capital Markets | Khan Academy

  • Order:
  • Duration: 6:47
  • Updated: 08 Oct 2012
  • views: 159272
videos
How a corporation can set up a tax haven and use it through transfer pricing. Created by Sal Khan. Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/taxes-topic/corporate-taxation/v/is-limited-liability-or-double-taxation-fair?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: In exchange for being treated as a person-like-legal entity (and the limited liability this gives for its owners), most corporations pay taxes. This tutorial focuses on what corporations are, "double taxation" and a few ways that multinationals might try to get out of paying taxes. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
https://wn.com/Transfer_Pricing_And_Tax_Havens_|_Taxes_|_Finance_Capital_Markets_|_Khan_Academy
Tax Havens: The Great Scam
3:45

Tax Havens: The Great Scam

  • Order:
  • Duration: 3:45
  • Updated: 21 Nov 2012
  • views: 37762
videos
Tax Haven, tax avoidance, off-shore economy, taxation, tax system, tax, mispricing, Producer and director : François Jacob Animator : Jean-François Robichaud Narrator : Gabriel Brown
https://wn.com/Tax_Havens_The_Great_Scam
PanamaPapers – The Shady World of Offshore Companies | Das Erste | NDR
55:18

PanamaPapers – The Shady World of Offshore Companies | Das Erste | NDR

  • Order:
  • Duration: 55:18
  • Updated: 08 Apr 2016
  • views: 143164
videos
For decades, presidents, drug smugglers and criminals have used a Panamanian law firm to hide their accounts and valuables. This is revealed in documents reviewed by media partners around the world, including NDR and WDR. A total of 370 journalists from 78 countries evaluated around 11.5 million documents in the course of their reporting on the “PanamaPapers.” An anonymous source provided the data to Germany’s Süddeutsche Zeitung. The paper then shared it with the International Consortium of Investigative Journalists (ICIJ) and partners across the globe, including NDR and WDR. http://www.daserste.de
https://wn.com/Panamapapers_–_The_Shady_World_Of_Offshore_Companies_|_Das_Erste_|_Ndr
LEGAL WAYS TO AVOID PAYING TAX - The Super Rich Elite are Doing It, So Why Dont You?
2:01

LEGAL WAYS TO AVOID PAYING TAX - The Super Rich Elite are Doing It, So Why Dont You?

  • Order:
  • Duration: 2:01
  • Updated: 14 Jul 2014
  • views: 28142
videos
SUBSCRIBE to ELITE NWO AGENDA for Latest on USD COLLAPSE / GOLD / SILVER / BITCOIN / NEW WORLD ORDER / ILLUMINATI / TAX HAVEN http://www.youtube.com/EliteNWOAgenda LEGAL WAYS TO AVOID PAYING TAX - The Super Rich Elite are Doing It, So Why Dont You? Don't take an income Selling assets and realising capital gains could give you a source of cash if you needed it, and careful planning so losses in previous years offset any gains could help reduce your capital gains tax bill. Give to charity This is one of the strategies the government is planning to crack down on, although its plans have attracted controversy and could be watered down as a result. Currently, if you give assets to charity you can claim income tax relief up to their entire value. The government's own Directgov website gives an example of how donating a property worth £90,000 to charity allows you to avoid paying tax on the same amount. In this case you are obviously losing the asset, but you are reducing your taxable income. Give enough away and you could reduce your taxable income to zero. There is a way to keep hold of the asset and reduce your income. If you have a freehold property you could grant a lease on it and give that to the charity. For example, if you grant an eight-year lease the charity holds the property for the term of that lease and benefits from any rental income during that period, but at the end of the lease the property reverts to your ownership. You won't get tax relief on the value of the freehold property, but on the value of the lease -- in London that kind of lease on a £1m house could be worth £50,000. Tax avoidance is the legal usage of the tax regime to one's own advantage, to reduce the amount of tax that is payable by means that are within the law. Tax sheltering is very similar, and tax havens are jurisdictions which facilitate reduced taxes. The term tax mitigation is sometimes used; its original use was by tax advisers as an alternative to the pejorative term tax evasion. "Tax aggressive" strategies fall into the grey area between commonplace and well-accepted tax avoidance (such as purchasing municipal bonds in the United States) and evasion. However, the uses of these terms vary.[1] tax irs taxes legal law "tax man" options employment executive shares control "tax bill" salary usd dollar "real estate" "stock market" "estate tax" bitcoin gold silver profit "savings account" savings borrow "capital gains" company business corporate loan debt "gold trading" forex "forex trading" bank "bank account" banking cash "money management" wealth "tax haven" offshore "offshore company" mafia elite billionaire millionaire 2014 2015 u.s. "united states" usa america entertainment "agenda nwo" jim rogers rothschild george soros bilderberg 2014 alex jones infowars gerald celente david icke glenn beck coast to coast am george norey farrakhan banker suicide truth jsnip4 wake up sheeple song elite nwo agenda A tax haven is a state, country or territory where certain taxes are levied at a low rate or not at all.[2] Individuals or corporate entities can find it attractive to establish shell subsidiaries or move themselves to areas with reduced or nil taxation levels relative to typical international taxation. This creates a situation of tax competition among governments. Different jurisdictions tend to be havens for different types of taxes, and for different categories of people or companies.worldwide demand for opportunities to engage in tax avoidance." The Economist points out that this definition would still exclude a number of jurisdictions traditionally thought of as tax havens. University of Florida Assistant Law Professor Omri Marian discusses potential tax abuses using Bitcoin. Recent investors in Bitcoin may be nursing losses after a fall of some 40 per cent in the crypto-currency's value since January -- but at least they will be tax deductible. That is one upshot of last week's decision by the US tax authorities -- issued just in time for the annual rush to file individual tax returns -- to treat virtual currencies as property for federal tax purposes. Put your money offshore Investment schemes exist that let you hold money in an offshore fund and roll-up the interest you earn on it. You will have to pay tax when you eventually withdraw the money, but in the meantime you can withdraw 5% a year without a tax liability. You can choose when you realise your investment, so you can plan it to fall when you are a basic rate rather than a high rate taxpayer. non qualified stock options GRAT estate tax no sale sale capital gains tax
https://wn.com/Legal_Ways_To_Avoid_Paying_Tax_The_Super_Rich_Elite_Are_Doing_It,_So_Why_Dont_You
Tax Havens • Explained With Maps
5:08

Tax Havens • Explained With Maps

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  • Duration: 5:08
  • Updated: 10 Jan 2015
  • views: 26077
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Tax havens play an important role in the globalization of capital markets, but also threaten their stability and structure. What are the properties of tax havens? How profit private persons, companies and the organized crime from tax havens? Video transcript and images: http://explainedwithmaps.com/tax-havens/
https://wn.com/Tax_Havens_•_Explained_With_Maps
Tax havens
1:35

Tax havens

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  • Duration: 1:35
  • Updated: 21 May 2013
  • views: 121
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For raising the foreign capitals the certain countries and territories create favorable tax and other conditions for businessmen. There is 1/6 part of world wealth concentrated in the Tax havens today.
https://wn.com/Tax_Havens
Rich using offshore tax havens exposed
1:16

Rich using offshore tax havens exposed

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  • Duration: 1:16
  • Updated: 04 Apr 2013
  • views: 2049
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http://www.euronews.com/ The International Consortium of Investigative Journalists (==ICIJ==) has obtained an unprecedented cache of information about cash in tax havens and begun to publish its findings. The names of thousands of people have been revealed and their wealth management plans disclosed. Many involve secret companies set up in the British Virgin Islands (BVI). Several high-profile politicians have been named and potentially shamed. French President Francois Hollande's campaign manager Jean-Jacques Augier has links to a BVI company. While the President of Azerbaijan Ilham Aliyev and members of his family are also identified within the leaked information. Analysts estimate that the offshore industry could be as large as 25 trillion euros in size. Those who hide their offshore interests face legal action in their home countries. International Consortium of Investigative Journalists website: ==ICIJ== Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
https://wn.com/Rich_Using_Offshore_Tax_Havens_Exposed
Google's $2 Billion Tax Shelter
3:55

Google's $2 Billion Tax Shelter

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  • Duration: 3:55
  • Updated: 11 Dec 2012
  • views: 6767
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"By funneling nearly $10 billion in revenue into a Bermuda shell company last year, Google dodged about $2 billion in income taxes worldwide, Bloomberg News reports, citing financial records. The off-shore tax shelter — legal in the United States and elsewhere — cut Google's tax rate nearly in half, Bloomberg says. Bermuda has no corporate income tax. Bloomberg says the amount saved was about 80% of the company's pre-tax profit."* Google has employed some pretty impressive tricks in avoiding paying their taxes, keeping $2 billion they should have paid in taxes worldwide. But don't worry, someone else will pay the bill. Us. Will the U.S. government crack down on Google? Cenk Uygur knows the answer. *Read more from Michael Winter/ USA Today: http://www.usatoday.com/story/tech/2012/12/10/google-bermuda-shell-company-2-billion-tax-dodge/1759833/ Support The Young Turks by Subscribing http://www.youtube.com/user/theyoungturks Like Us on Facebook: http://www.facebook.com/tytnation Follow Us on Twitter: http://www.twitter.com/theyoungturks Support TYT for FREE by doing your Amazon shopping through this link (bookmark it!) http://www.amazon.com/?tag=theyoungturks-20 Buy TYT Merch: http://theyoungturks.spreadshirt.com/ Support The Young Turks by becoming a member of TYT Nation at http://www.tytnetwork.com/member-options/ Your membership supports the day to day operations and is vital for our continued success and growth. In exchange, we provided members only bonuses! We tape a special Post Game show Mon-Thurs and you get access to the entire live show at your convenience in video, audio and podcast formats. Become a member: http://www.tytnetwork.com/membership
https://wn.com/Google's_2_Billion_Tax_Shelter
These Corporations Have Money in the Cayman Islands
7:08

These Corporations Have Money in the Cayman Islands

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  • Duration: 7:08
  • Updated: 22 Feb 2013
  • views: 3977
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Dave and his panel discuss "Are you with America or The Cayman Islands?" ►►Subscribe to Rubin Report for more: http://www.youtube.com/subscription_center?add_user=RubinReport Dave and his guests discuss the startling facts that Sen. Bernie Sanders presented in his article on The Huffington Post. How should we feel about our banks going "offshore" to avoid paying U.S. taxes? Is this the new American way of doing business? -In 2008, Congress approved a $700 billion gift to Wall Street. Another $16 trillion in virtually zero interest loans and other financial assistance came from the Federal Reserve. -In 2010, Bank of America set up more than 200 subsidiaries in the Cayman Islands (which has a corporate tax rate of 0.0 percent) to avoid paying U.S. taxes. On top of that, they received a rebate from the IRS worth $1.9 billion. -In 2010, JP Morgan Chase operated 83 subsidiaries incorporated in offshore tax havens to avoid paying some $4.9 billion in U.S. taxes. -Goldman Sachs operated 39 subsidiaries in offshore tax havens to avoid an estimated $3.3 billion in U.S. taxes. -Citigroup has paid no federal income taxes for the last four years after receiving a total of $2.5 trillion in financial assistance from the Federal Reserve during the financial crisis. Follow Dave on Twitter: https://twitter.com/RubinReport More Dave Rubin: http://daverubin.tv/ Subscribe to The Rubin Report: http://www.youtube.com/subscription_center?add_user=RubinReport Guests: Dave Holmes: @DaveHolmes Jackie Monahan: @JackieMonahan Marcellas Reynolds: @MarqueeMarc
https://wn.com/These_Corporations_Have_Money_In_The_Cayman_Islands
The new tax havens
13:47

The new tax havens

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  • Duration: 13:47
  • Updated: 15 Aug 2011
  • views: 112117
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American companies are finding new overseas tax havens to legally protect some of their profits from the U.S. tax rate of 35 percent, among the highest in the world. Lesley Stahl reports.
https://wn.com/The_New_Tax_Havens
Your home, your tax shelter
1:34

Your home, your tax shelter

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  • Duration: 1:34
  • Updated: 24 Feb 2015
  • views: 1411
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Companies have the Cayman Islands, and you have your home. Christine Romans breaks down what you can deduct on your taxes from your home.
https://wn.com/Your_Home,_Your_Tax_Shelter
Justin Trudeau linked to offshore tax havens
6:05

Justin Trudeau linked to offshore tax havens

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  • Duration: 6:05
  • Updated: 07 Nov 2017
  • views: 11463
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Over the last two years Justin Trudeau has demonized hardworking Canadians, branding local businesses, farmers, and waitresses as “tax cheats.” At the same time, Trudeau and his wealthy Liberal insiders kept their “family fortunes” protected. The Paradise Papers and Stephen Bronfman exemplify Justin Trudeau’s hypocrisy. Trudeau's well-connected Liberal friends get away with paying less, and Canadians pay more. There’s nothing fair about that. So today I asked the Prime Minister some straightforward questions about his connections to the Paradise Papers.
https://wn.com/Justin_Trudeau_Linked_To_Offshore_Tax_Havens
What is the Delaware Loophole
8:56

What is the Delaware Loophole

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  • Duration: 8:56
  • Updated: 21 May 2016
  • views: 1190
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A tax haven is a jurisdiction where particular taxes, such as an inheritance tax or income tax, are levied at a low rate or not at all. It may also refer to a state, country, or territory which maintains a system of financial secrecy, which enables foreign individuals to hide assets or income to avoid or reduce taxes in the home jurisdiction. Earnings from income generated from real estate (i.e. by renting property owned in an offshore jurisdiction) can also be eliminated in this way. If taxes (if any) are paid in the tax haven jurisdiction, companies can avoid taxes in their home jurisdiction because the tax had already been paid in the lower tax rate jurisdiction. Some taxes (such as inheritance tax on the real estate, VAT on the initial purchase price of the real estate, or transfer tax, annual immovable property taxes, and municipal real estate taxes) cannot be avoided or reduced, as these are levied by the country the real estate where the property is located, and hence need to be paid just the same as any other resident of that country. The only thing that can be done is picking a country that has the smallest rates on these taxes (or even no such taxes at all) before buying any real estate. Individuals or corporate entities may establish shell subsidiaries or move themselves to areas with reduced or no taxation levels relative to typical international taxation. This creates a situation of tax competition among jurisdictions. Different jurisdictions may be havens for different types of taxes, and for different categories of people or companies. sovereign jurisdictions or self-governing territories under international law have the power to enact tax laws affecting their territories, unless limited by previous international treaties. A 2012 report by the British Tax Justice Network estimated that between US$21 trillion and $32 trillion is sheltered from taxes in unreported tax havens worldwide. If such wealth earns 3% annually and such capital gains were taxed at 30%, it would generate between $190 billion and $280 billion in tax revenues, more than any other tax shelter. If such hidden offshore assets are considered, many countries with governments nominally in debt are shown to be net creditor nations. However, despite being widely quoted, the methodology used in the calculations has been questioned, and the tax policy director of the Chartered Institute of Taxation also expressed skepticism over the accuracy of the figures. Another recent study estimated the amount of global offshore wealth at the smaller—but still sizable—figure of US$7.6 trillion. This estimate included financial assets only: "My method probably delivers a lower bound, in part because it only captures financial wealth and disregards real assets. After all, high-net-worth individuals can stash works of art, jewelry, and gold in 'freeports,' warehouses that serve as repositories for valuables—Geneva, Luxembourg, and Singapore all have them. High-net-worth individuals also own real estate in foreign countries." A study of 60 large US companies found that they deposited $166 billion in offshore accounts during 2012, sheltering over 40% of their profits from U.S. taxes. Wikipedia: https://en.wikipedia.org/wiki/Tax_haven DocumentaryFR3AK Twitter: https://twitter.com/docuFR3AK Youtube: https://www.youtube.com/channel/UC8Gx6FMI78NSKSj16L-37LA Facebook: https://www.facebook.com/profile.php?id=100012441496975
https://wn.com/What_Is_The_Delaware_Loophole
Taxation   Offshore Tax Shelters   Why they are difficult to detect
7:06

Taxation Offshore Tax Shelters Why they are difficult to detect

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  • Duration: 7:06
  • Updated: 17 Apr 2016
  • views: 48
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This presentation will provide examples of how tax havens work including references to the Panama Leaks. The presentation is about solutions including involvement of all countries around the world as part of stronger banking regulations as well as tax treaties. The presentation will talk about the UN and its needs to provide more oversight and audits when it comes to foreign aid.
https://wn.com/Taxation_Offshore_Tax_Shelters_Why_They_Are_Difficult_To_Detect
What you need to know about tax shelters in Canada - Tax Tip Weekly
3:22

What you need to know about tax shelters in Canada - Tax Tip Weekly

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  • Duration: 3:22
  • Updated: 07 May 2015
  • views: 1402
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What do you know about tax shelters in Canada? It may be associated with tax evasion, illegal schemes, or other bad practices – however, not all tax shelters are bad news! Learn more through this week’s Tax Tip Weekly! 0:33 - What is a tax shelter? 0:47 - Tax shelter arrangements 1:30 - Legitimate tax shelters 2:12 - The Tip Visit our website for more information and tax-related advice: http://madanca.com Follow us on social media Twitter: https://twitter.com/Madan_CA Facebook: https://www.facebook.com/MadanCharteredAccountant/ Instagram: https://www.instagram.com/madanaccounting/ Google+: https://plus.google.com/108551869453511666601/posts Download any of our free eBooks available on Amazon “Tax Tips for Canadians”: https://www.amazon.ca/Tax-Tips-Canadians-Allan-Madan-ebook/dp/B01EIG1WOO/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1467908354&sr=1-1 “Personal Tax Planning Guide for Canadians: 2014 Edition”: https://www.amazon.ca/Personal-Tax-Planning-Guide-Canadians-ebook/dp/B00RVWWBQG/ref=sr_1_3?s=digital-text&ie=UTF8&qid=1467908392&sr=1-3 “20 Tax Secrets for Canadians”: https://www.amazon.ca/Tax-Secrets-Canadians-Allan-Madan-ebook/dp/B00P8D24S0/ref=sr_1_2?s=digital-text&ie=UTF8&qid=1467908392&sr=1-2 Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. All figures and dollar amounts are used for example purposes only. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.
https://wn.com/What_You_Need_To_Know_About_Tax_Shelters_In_Canada_Tax_Tip_Weekly
two minute challenge offshore tax shelters
2:01

two minute challenge offshore tax shelters

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  • Duration: 2:01
  • Updated: 23 Jun 2014
  • views: 5
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US corporations hide $1.4 TRILLION in tax havens
3:25

US corporations hide $1.4 TRILLION in tax havens

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  • Duration: 3:25
  • Updated: 26 Apr 2016
  • views: 3193
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Anti-poverty charity Oxfam released a new report entitled, Broken at the Top, which asserts that the US's top 50 corporations have stashed $1.4 trillion in offshore tax havens to avoid paying taxes. Worse, the report asserts that, in the same time period, those same corporations actually received $11 trillion in federal loans, bailouts, and loan guarantees - from the rest of America's taxpayers. The Resident discusses. Follow The Resident at http://www.twitter.com/TheResident Find RT America in your area: http://rt.com/where-to-watch/ Or watch us online: http://rt.com/on-air/rt-america-air/ Like us on Facebook http://www.facebook.com/RTAmerica Follow us on Twitter http://twitter.com/RT_America
https://wn.com/US_Corporations_Hide_1.4_Trillion_In_Tax_Havens