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Tax Havens 101: the High Cost of Going Offshore

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We should nuke the British Virgin Isles lol
Comment from : @JD-jl4yy

So it is useless, you still have to declare it
Comment from : @wuhan2232

Love it
Comment from : @astonastonn1800

Appreciate itI was looking for a how to guide
Comment from : @silverhawk923

Literally only gave reasons why its a good thing
Comment from : @MrUt21

I wish I had known all this before I got married Is it too late?
Comment from : @rhynosouris710

If govts didnt overreach on taxes for wasteful spending itd be a non issue
Comment from : @heifner1063

Why whole world can not be like that _
Comment from : @wojciechkokorzycki8925

Screw the rules I have money
Comment from : @hectornonayurbusiness2631

Thank you so much ❤
Comment from : @cfdby4784

Am Joseph from Kenya so it means by having $1000/500 I can open a company in this british virgin islands?
Comment from : @josephtvshow7467

Fuck taxesbrTaxation is theft
Comment from : @inferno7181

sounds good!
Comment from : @nicholasanderson9019

lol
Comment from : @andrub23

Question: Are these accounts, which apparently hold billions, reinvested or is the money just sitting there loosing value due to inflation? I can't see someone who is worth billions not reinvesting their money in something, that just seems silly do to the every decreasing value of the paper dollar
Comment from : @system2thinker659

thank goodness for the top comments here whatever swamp creature made this video is necessarily weak, immoral, and violent
Comment from : @matthewjames1172

What is the moto ?don't let to happen or the journaliste will to notice ?
Comment from : @catarinobernardojoao1824

Ironically I was worried that it would be too expensive or difficult to incorporate offshore After watching this video I will definitely be going ahead with it if its as easy as they say
Comment from : @ConnecticutEmporium

This is the most biased, one sided video Instead of villifying people and companies for wanting to protect what they’ve worked their lives to accumulate, why don’t you make a video on how governments constantly overreach and literally extort money out of their citizens?
Comment from : @SunsetSheen

the paradise papers is exactly this Havens are a rich man's law
Comment from : @TheKeithvidz

Would anyone be kind enough to answer me, why would people want to hide their identity when creating a company in one of these tax havens? Are there any reasons to do so if whatever you are doing is legal?
Comment from : @mykseee

Mitt Romney ran for President of the United States, while having God knows how much of his wealth in off-shore accounts Presumably he would have expected all of us to pay our federal taxes
Comment from : @lundilar

as long as there is a tax treaty in place in theory it should work
Comment from : @jimsawires7465

So, working people pay more taxes because rich people have the means to hide their wealth Remarkably, some working people are happy with this! This shows just how effective the corporate-media has become to manipulate the public into accepting conditions that are so unfair to them
Comment from : @angus7278

Just a question that struck my mind If I give my money to a nominee, how do I guarantee it back? the nominee would simply say that's not your money (as it is in their name)?
Comment from : @MK-SAVE

its completely illegal kind of
Comment from : @prachisaxena2137

taxation is theft
Comment from : @KendelEx

How can I get a Spanish version of this video?
Comment from : @brunobuenovrtikapa6314

Is this clip available in Spanish?
Comment from : @aneale9247

use bitcoin instead!
Comment from : @bbglas007

We do not want to see Nawaz Sharif P/m again
Comment from : @forceofhumanity3300

Wrong, full privacy, you have to pay a tariff fee to the haven and pay taxes in what ever country you are doing business in, tariff fee get pay as of counteract (5 years is the usual or 20 years for inheritance trust) & other taxes gets added up in an account and paid at the end of the yearEngland is not that bad😥
Comment from : @fidel5medina

pure beauty
Comment from : @GodricThe

videos very nice
Comment from : @PreetiKumari-wn2jm

Beautiful islands with no taxes Why don't more people live there?
Comment from : @richard343s

Why should people keep only 50 of their hard earned money? The rich are too smart The original tax idea of Robin Hood failed Middle class and poor now pay most taxes in the US You know, at one point in American history, the IRS and income tax didn't exist The only times the government had to collect taxes were during war times or national emergencies, from EVERYONE
Comment from : @myusernameissoobnoxiouslyl1466

I think it's high time they were all banned,after all,because of these we all have to pay morebrWhat is the justification for them in the 1st place? brThe british government brought in the bedroom tax and cut benefits for everybody thatbrcannot afford to lose those benefits yet the bankers and money people still get bonus'sbrand nobody goes to jail for the 2008 sub-prime fiascobrSo stop picking on those that cannot fight back,lets have a referendum about makingbrtax avoidance illegal and banning offshore tax dodging
Comment from : @petergambier

look at the poverty and taxation of bermuda Bermuda biggest income is tourism UK makes that money not bermuda same w any other offshore island under the "kings" rule lmao
Comment from : @rickpelland5645

sounds like great britain has perfected the art of fucking people over
Comment from : @rickpelland5645

How Dumb We Are 😠😡
Comment from : @usamasheikh17

A world wide problem requiring a world wide solution coupled with VIGOROUS world wide action
Comment from : @paulchristensen2854

I love to move to the Cayman Islands when I retire! :)
Comment from : @danielluster732

i love that they claim this caused greece to collapse no it did notbrbrusa losses out on 10 billion in taxes because of this each year usa collects 2 trillion in taxes each year most from businesses yet somehow that loss of 10 billion is gonna save the day politician and liberal math at its finest brbralso this is a real pain in the ass to setup i guess if you are playing with millions and billions it might make sense if you are doing say 2 million in sales a year with 600k in net profits this is a complete waste of time plenty of ways to cut your taxes legally on 600k a year profits
Comment from : @SofaKingTouge

Putin dislikes this video
Comment from : @Glorious_Kim_Jong_Un

This is WHY WE NEED AN HONEST MAN who will STAND to the wealthy in OFFICE #BERNIESANDERS2016 #FEELTHEBERN
Comment from : @communistjesus

This video should be called "Modern Capitalism 101" The rich evade taxes (meant to be taken from everyone, to be given to everyone in need), and meanwhile the poor and the middle class pay them and are much, MUCH likely to go to jail for tax evation (eventhough they are evading way, WAY less than rich people that evade taxes)
Comment from : @scotianbank

how about a flat tax? That would solve alot of problems
Comment from : @ronaldrainero5579

sounds like a good idea, thank you!
Comment from : @ohmusicsweetmusic

if its secret bank account offshore it sure makes it easy to be ripped offbrby some criminals or even by the bank brbrwhose police are you going to call to recover your stolen money ?brbrReally?
Comment from : @jpacer6645

This video inadvertently makes setting up an offshore account really easy and convienent Lol
Comment from : @zfan2591

I do itjust seems like a risk
Comment from : @vacationboyvideos

beautiful
Comment from : @haruspex1-50

Why each nation doesn't ban to trade with the tax heaven countries? All of them are very small and don't make anything So they don't contribute on any import and export of other sane countriesbrFor example, if US ban to trade money and products with the tax heaven, why global companies makes paper company there?
Comment from : @kimchi_taco

Many tax havens are run in islands which are 80 black or Hispanic Anti-tax haven forces want to shut this competition to mainstream banks in New York and London in order to send Caribbean islanders back to the plantations to cut sugarcane That is pure racism under the guise of "taking money from the rich" to pay more (mostly-white) bureaucrats in Europe and US
Comment from : @Yutub137

"all perfectly legal as long as you declare it"brDeclare what and to who?
Comment from : @johnburns4017

Wow, because I disagree with you, I have to be a troll? Great argument, moron Also, I never said investing wasn't important, but it's also not difficult As for luxury goods, they don't provide very many jobs
Comment from : @InorganicVegan

Yeah, investing in mansions and luxurious goods Whoopdy doo da day
Comment from : @InorganicVegan

They keep enough money to last several lifetimes for themselves instead of using it for something useful
Comment from : @InorganicVegan

What crimes specifically? Drug crimes? Gambling crimes? Things the government shouldn't even have their nose into to begin with? Who cares!
Comment from : @nomadcapitalist

Well according to your beloved government, it's ALSO illegal to make money overseas - which your government had NOTHING to do with - and not pay tax on it What say you to that? Nothing You just like stealing from other people to feel better about yourself
Comment from : @nomadcapitalist

I think that's the point, Lee! People try to leave their country (one they were born in through no choice of their own) and the government wants to tell them they can't or that they're "unpatriotic" You don't owe your country ANYTHING
Comment from : @nomadcapitalist

Nothing
Comment from : @nomadcapitalist

No, we're not Why don't you take care of yourself and leave the rest of us alone to do as we wish? You only want a "society" because you don't have to pay for it You just want to throw stones at others
Comment from : @nomadcapitalist

It's not The ICIJ is just jealous that rich people get to avoid income tax and paying poor people to get an even bigger check from the government
Comment from : @nomadcapitalist

It is good These people are just jealous they can't watch rich people have their money stolen
Comment from : @nomadcapitalist

Haha The ICIJ is about as bad as the OECD and all of the other criminal organizations funded by governments to shut down competition and declare a monopoly
Comment from : @nomadcapitalist

Hmmm I'd say #2 But these people want to spread the misery around
Comment from : @nomadcapitalist

Good idea
Comment from : @nomadcapitalist

Exactly
Comment from : @nomadcapitalist

Important
Comment from : @PriyankaBorpujari

How is this a bad thing? Sounds good
Comment from : @mjwmontgomery

You are joking right!?
Comment from : @insidebilderberg7506

lol
Comment from : @ImTheMan725

The piggies looked so cute!
Comment from : @themothy

killuminati
Comment from : @CometLol

It's wrong to hide money from the country in which it was made
Comment from : @LeeDahle

Well said
Comment from : @VeNETvision

From The Guardian: "Sources close to the investigation said forensic accountants examining Madoff's books believed he had regularly sent large sums of money to offshore accounts in the Caribbean and Europe"
Comment from : @caiorearte

Yes, Madoff pulled a Ponzi scheme, but since Ponzi schemes are illegal and closely investigated, he hid his scheme in tax havens
Comment from : @caiorearte

They should be called "banking havens" Not only tax is evaded It's used to evade banking regulations that target hiding criminal activity as well, as the BBC panorama showed quite explicitly
Comment from : @caiorearte