Tax havens exposed in huge law firm leak

[Osem]

More on the Guardian's staggering hypocrisy so typical of the left:

http://blogs.spectator.co.uk/2016/04...-arrangements/

Now, I can think of three possible explanations. First, they either didn’t know or had forgotten about the Guardian Media Group’s use of a tax-exempt shell company in the Cayman Islands to avoid paying corporation tax when it sold its 50 per cent holding in Auto Trader to Apax Partners in 2008 (hat tip to Guido Fawkes). Further, they were similarly ignorant about the hundreds of millions GMG has invested in offshore hedge funds over the years. But that seems unlikely. After all, right-wing hacks like me lose no opportunity to draw attention to the paper’s creative tax affairs, particularly when confronted with self-righteous columnists like Owen Jones and Polly Toynbee wagging their fingers at Vodafone and Starbucks for avoiding paying their ‘fair share’.

Originally Posted by Mr K

Why does inheritance tax exist? To raise money certainly. Also to encourage those with money to put it into the economy and make the next generation earn their way.

What has DC done to earn his millions. Nothing, he's inherited it, as we now know some of it from his Dads dodgy tax haven. No jobs before politics and a paid for Philosophy degree from Oxford; very useful that. Never mind his tax affairs how on earth did he become PM?

Strange - if you look at his tax returns, most of his money has been earned, by being the Prime Minister...

And as for 'no jobs before politics', you obviously missed the seven years he worked at Carlton - remind me again of Jeremy Corbyn's extensive employment portfolio (outside of being a Union rep, councillor, and MP)...

[Osem]

Originally Posted by Hugh

Strange - if you look at his tax returns, most of his money has been earned, by being the Prime Minister...

And as for 'no jobs before politics', you obviously missed the seven years he worked at Carlton - remind me again of Jeremy Corbyn's extensive employment portfolio (outside of being a Union rep, councillor, and MP)...

Some folks really do find differentiating between facts and fiction difficult don't they. On the other hand they might just be reduced to clutching at straws. I imagine a good few of them learned all about hypocrisy from the Guardian.

Originally Posted by papa smurf

is that the martin Lewis who advised locking into an energy tariffs before they went up- only they went down

He's the one that runs Britains's biggest consumer and personal finance website, with 15 million users per month, and 10 million receiving a monthly advice update email, yes...

[papa smurf]

Originally Posted by Hugh

He's the one that runs Britains's biggest consumer and personal finance website, with 15 million users per month, and 10 million receiving a monthly advice update email, yes...

so the same martin lewis who wrongly advised millions over fuel bills .

Well to get back to the leak..

http://www.bbc.co.uk/news/entertainment-arts-35986035

The disputed ownership of a painting worth up to £17m ($25m) may have been clarified in the leaked documents from law firm Mossack Fonseca.
A Paris art dealer's estate wants the art-collecting Nahmad family to return Amadeo Modigliani's Seated Man With A Cane, which it claims the Nazis seized in World War Two.
The family claimed in court it was held by International Art Center (IAC).

I'm curious to see what other titbits of interest there maybe lurking in these papers..

[TheDaddy]

Originally Posted by martyh

He wasn't doing the same thing at all ,there have been no allegations of using avoidance schemes .

Did Dave's dad pay the tax that was due, iirc Dave was unclear as he said 'dad's not around to ask anymore'?

Trusts where not excluded ,they still have to revealed ,the only difference is that trusts are declared in private to HMRC and shell companies are declared publicly ,which is perfectly understandable

Perfectly understandable, who declares them?

and when that one shows no irregularities should he then produce the years before and so on .He has gone over and above what should be expected of him .

No he has not gone over and above at all, telling the truth is the very least we should expect from our leaders and being evasive, misleading or telling half truths is exactly the same as lying in my book and that's the very reason why I said I'd rather hear about 2008 return not because I think there is anything to hide in that particular year but because I don't trust him anymore.

[Arthurgray50@blu]

The more l hear of this, l think the whole thing stinks. And rotten at that. We hear today, that DC's mum gave him more money. As she thought that her husband didn't give him enough.

How the rich live.
It really gets my goat when you think that DC is cracking down on benefit cheats, who are too ill to work. And yet, DC is the biggest cheat of all.

I reckon that by the end of this week, there will be more stuff leaked.

There is talk about Osborne's affairs now. But he is a Multi Millionaire, sop where had all his money been hidden l wonder.

Tonight some Tory Mp for justice is saying that Corbyn is a hypocrite. Not being funny DC is the hypocrite for lying to the electorate

---------- Post added at 19:39 ---------- Previous post was at 19:34 ----------

http://www.msn.com/en-gb/news/uknews...und/ar-BBrwMAq

Interesting read.

[Ramrod]

Originally Posted by TheDaddy

because I don't trust him anymore.

You mean you once did actually trust him?! I voted for him and I've never trusted him

[TheDaddy]

Originally Posted by Ramrod

You mean you once did actually trust him?! I voted for him and I've never trusted him

I voted for him to and have regretted it pretty much ever since. Did I trust him, I had doubts about his character but he's confirmed them beyond doubt now.

[papa smurf]

Originally Posted by TheDaddy

I voted for him to and have regretted it pretty much ever since. Did I trust him, I had doubts about his character but he's confirmed them beyond doubt now.

sadly i voted for him and now feel the same way you do.

Originally Posted by TheDaddy

Did Dave's dad pay the tax that was due, iirc Dave was unclear as he said 'dad's not around to ask anymore'?

.

I've no idea but quite obviously in your mind it's easier to simply assume guilt

Perfectly understandable, who declares them?

Perfectly understandable as in Trusts are private finances and should not be the subject of public scrutiny .

[TheDaddy]

Originally Posted by martyh

I've no idea but quite obviously in your mind it's easier to simply assume guilt

Or in my mind it's easier to assume guilt when someone behaves dishonestly, if he'd told the truth when this leak first happened we wouldn't be talking about it now, he's the cause of the suspicion no one else.

Perfectly understandable as in Trusts are private finances and should not be the subject of public scrutiny .

So we're relying on the honesty system then?

[Ramrod]

Originally Posted by papa smurf

sadly i voted for him and now feel the same way you do.

He was simply the best choice between him and Milliband

---------- Post added at 22:02 ---------- Previous post was at 22:01 ----------

Originally Posted by TheDaddy

Or in my mind it's easier to assume guilt when someone behaves dishonestly, if he'd told the truth when this leak first happened we wouldn't be talking about it now, he's the cause of the suspicion no one else.

Indeed. He's handled this spectacularly badly

[Arthurgray50@blu]

This could not have come at a worse time with the Local Elections coming up soon.

I guarantee all the papers including Tory paper The Sun. Will be digging up as much crap as possible about all this.

In fact One Sunday paper has actually said that DCs mum has told the public to mind there own business.

In one hand, she criticised him over closing as local nursery. And now, she is trying to protect him.

It would not surprise me if The Sun, demands his resignation