• Top 10 Offshore Tax Havens You Can Still Stash Your Cash

    Get more Tips here! www.destinationtips.com Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts. Here is a list of the top 10 Biggest Tax Havens in the World. (Ranking is based on a combination of its secrecy score and scale weighting) #10 United Arab Emirates One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement. A large slice of the inbound money comes in the form gold. Secrecy Score: 77% Tax Haven Status: Tiny #9 Bahrain An island of hospitality to banks and businesse...

    published: 26 Apr 2016
  • Hypocrisy USA: The Country's Role as a Money Laundering Center & Offshore Tax Haven - Miami 2016

    The United States routinely takes the moral high ground when accusing offshore jurisdictions of facilitating money laundering and tax evasion to the detriment of the world's major countries and the global economy in general. But is it a case of the pot calling the kettle black? This session will look at the involvement of the USA, its banks, attorneys, corporate agents, realtors and others in providing services to money launderers and tax evaders, contributing to property booms in cities like New York and Miami and economic booms in states like Delaware and Nevada. Evidence provided will include a hidden-camera investigation by Global Witness into whether attorneys in New York were prepared to set up anonymous accounts to conceal the identity of a prospective client who they were led to ...

    published: 05 May 2016
  • Paradise Papers Expose “Cleverest Ways of Exploiting” Offshore Tax Havens by GOP & Democratic Donors

    https://democracynow.org - Examining the Paradise Papers, The Guardian reports seven Republican super-donors mentioned in the papers stored some of their fortunes offshore, beyond the reach of public scrutiny and tax authorities. Together, the billionaires pumped more than $350 million into the 2016 election. Some are well-known backers of conservative causes, like casino magnate Sheldon Adelson and Charles and David Koch. Another investigation focuses on Democratic donor James Simons, who spent $11 million to back Hillary Clinton’s 2016 presidential campaign. Simons is the founder of Renaissance Technologies, the world’s most profitable hedge fund. Leaked records show he kept much of his $8 billion fortune in an offshore private wealth fund in Bermuda in order to avoid “particularly sever...

    published: 08 Nov 2017
  • The Panama Papers: Victims of Offshore

    The Panama Papers is a global investigation into the sprawling, secretive industry of offshore that the world's rich and powerful use to hide assets and skirt rules by setting up front companies in far-flung jurisdictions. Based on a trove of more than 11 million leaked files, the investigation exposes a cast of characters who use offshore companies to facilitate bribery, arms deals, tax evasion, financial fraud and drug trafficking. Behind the email chains, invoices and documents that make up the Panama Papers are often unseen victims of wrongdoing enabled by this shadowy industry. This is their story. For more, go to panamapapers.icij.org EXECUTIVE PRODUCER: Hamish Boland-Rudder PRODUCER: Carrie Ching ANIMATION ARTIST: Arthur Jones REPORTER: Will Fitzgibbon NARRATOR: Eleanor Bell Fox SU...

    published: 03 Apr 2016
  • The Nomad Trap: How to legally avoid tax as a digital nomad

    http://www.nomadcapitalist.com Many location independent entrepreneurs and digital nomads leave their home countries every year, never giving much thought to how or where they'll pay tax. So, where do digital nomads pay tax? It turns out that it might be in your home country. If you don't take the proper steps and fill out the proper forms to become tax non-resident and establish a new "center of life" somewhere outside of your home, you may be on the hook for taxes at home. In fact, a few location independent types discovered this YEARS after leaving, and ended up paying big past tax bills. Ouch! Andrew explains how to avoid "The Nomad Trap" and make sure you LEGALLY avoid paying tax to a country you don't live in, as well as how to make sure you don't get in the tax net somewhere el...

    published: 07 Jan 2017
  • Mini Law School - Invisible Riches: Offshore Tax Evasion and the Global Crackdown

    Recent studies of international banking data suggest that a staggering amount of global financial wealth (between $US 10 and 20 trillion) is held in "offshore financial centres" or "tax havens", with over $US 5 trillion of such financial wealth being unreported or unidentified. This is despite the fact that governments and international organizations, including the OECD and G20, have aggressively targeted offshore tax evasion since the 2008 financial crisis, with the G20 declaring in 2009 that "the era of banking secrecy is over". In this lecture we will explore the following questions: * What is the nature of the international tax evasion problem, particularly for Canada? * How has the Canadian government enhanced our tax laws and treaty networks to stem the outflow of money? * Is th...

    published: 20 Feb 2014
  • What is Offshore Banking?

    Offshore banking means that you have a global investment or a financial account in an area outside the nation you're residing in. This place is often a reduced tax obligation territory. Warwick Associates is a multinational company supplying financial guidance and assistance in Global Investment, Offshore Banking and Custody. Offshore banking investments are can give you unlimited access to globally competitive markets and to all foreign exchanges. Contact Warwick Associates for more information about Offshore Banking - http://Warwick-Associates.com

    published: 26 Jan 2015
  • Loophole for All [Trailer] Hacking Performance Art - Paolo Cirio - Cayman Islands Tax Haven

    This artwork undermined the idea of having a company "on paper" in countries considered financial offshore centers. The artist unveiled over 200,000 Cayman Islands companies and reversed global finance machination. The website Loophole4All.com promoted the sale of real identities of anonymous Cayman companies at low cost to democratize the privileges of offshore businesses by forging Certificates of Incorporation documents for each company issued with the artist's real name and signature. This performance generated international media attention and engaged an active audience, as well as produced outrage from authorities on the Cayman Islands, international banking, accounting, and law firms, individual owners of real companies, and PayPal. As part of the conceptual work, Cirio set up his o...

    published: 24 Feb 2016
  • ICIJ Offshore Leaks Database Tutorial

    Learn how to use the ICIJ Offshore Leaks Database, where you can search information about the ownership of more than 100,000 offshore entities in tax havens and discover the networks around them. http://offshoreleaks.icij.org/ This web application is part of the "Secrecy for Sale" series. Read the articles: http://www.icij.org/offshore UPDATE: In January 23, 2014 ICIJ revealed the names of more than 37,000 tax haven clients from China, Hong Kong and Taiwan, so the Offshore Leaks Database now has no details withheld.

    published: 22 Oct 2013
  • Luxembourg Leaks: Tricks of the Trade

    For more, see: http://www.icij.org/luxleaks Video produced by ICIJ in partnership with the Pulitzer Center.

    published: 05 Nov 2014
  • Offshore Aboard the Tax Man, Port Aransas Texas

    Hunters Link take you offshore fishing on the Tax Man in Port Aransas Texas to catch Amber Jack and Mako Shark.

    published: 01 Feb 2017
  • KPMG allegedly involved in offshore tax "sham"

    Tax officials allege the accounting giant crafted an offshore scheme to let rich Canadians avoid tax. We investigate how it works and why it's being kept under wraps. Click here for the full story: http://www.cbc.ca/1.3234876 »»» 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 leadin...

    published: 22 Sep 2015
  • Inside the Secretive World of Tax-Avoidance Experts

    A behind-the-scenes, eye-witness account of the international wealth management profession from a sociologist who has spent the last eight years researching it, during which time she trained to become a wealth manager and visited 18 offshore jurisdictions. SPEAKERS BROOKE HARRINGTON Associate Professor, Copenhagen Business School (Denmark) PowerPoint: http://www.offshorealert.com/uploadedFiles/Events/OffshoreAlert_Conferences/2016/miami/01%20Inside%20the%20Secretive%20World%20%20of%20Tax-Avoidance%20Experts.pdf

    published: 05 May 2016
  • Apple rejects ‘Paradise Papers’ allegations that it a bused offshore tax shelters

    Apple rejects ‘Paradise Papers’ allegations that it abused offshore tax shelters. Apple, the world’s most valuable company, finds itself once again at the center of an international controversy about the ways U.S. corporations use international tax havens to dodge their tax bills. In a detailed response to allegations published yesterday as part of the “Paradise Papers” project, Apple insisted that it pays its fair share and follows the law. “Apple believes every company has a responsibility to pay its taxes, and as the largest taxpayer in the world, Apple pays every dollar it owes in every country around the world,” the company wrote. “We’re proud of the economic contributions we make to the countries and communities where we do business.” As Apple has experienced astonishing success ov...

    published: 07 Nov 2017
  • What to do with your Offshore Bank Account - Freeman Tax Law Webinar

    This OVDP webinar event presented by Jeffrey S. Freeman, J.D., LL.M of Freeman Tax Law help answer IRS, tax law, offshore banking, and international tax compliance questions.

    published: 30 Sep 2014
  • Offshore Bank Account | Be Careful Where You Open It

    http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account Offshore bank account: Advantages, where to open, fund transfers, presence required Offshore bank account: Advantages 1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel. 2. You can use your offshore account to buy property or invest in shares and mutual funds. 3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts. 4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax Information Exchange Treaty (TIET) with your home country. Offshore bank account: Where to ope...

    published: 30 Dec 2014
  • Can You Still Hide Money in Swiss Banks?

    Subscribe! http://bitly.com/1iLOHml Swiss banks have been scrutinized the last few years for alleged unscrupulous business conduct. So what unethical practices are they accused of? Learn More: Tax Justice Report http://www.taxjustice.net/cms/upload/pdf/TUIYC_2012_FINAL.pdf HSBC: Corporate Rap Sheet http://www.corp-research.org/HSBC "Once a staid financial institution with a focus on Asia, HSBC has found itself caught up in recent years in scandals involving predatory lending, tax evasion and the role its lax internal controls have played in helping drug traffickers and organizations said to be linked to terrorist groups." Swiss bank secrecy in toughest test since Nazi gold http://www.reuters.com/article/2008/12/11/us-banking-secrecy-switzerland-idUSTRE4BA0CV20081211 "N...

    published: 18 Feb 2015
  • What is OFFSHORE FINANCIAL CENTRE? What does OFFSHORE FINANCIAL CENTRE mean?

    What is OFFSHORE FINANCIAL CENTRE? What does OFFSHORE FINANCIAL CENTRE mean? OFFSHORE FINANCIAL CENTRE meaning - OFFSHORE FINANCIAL CENTRE definition - OFFSHORE FINANCIAL CENTRE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. An offshore financial centre (OFC) is a small, low-tax jurisdiction specializing in providing corporate and commercial services to non-resident offshore companies, and for the investment of offshore funds. The term was coined in the 1980s. The International Monetary Fund (IMF) defines an offshore financial centre as "a country or jurisdiction that provides financial services to nonresidents on a scale that is incommensurate with the size and the financing of its domestic economy." Although informatio...

    published: 19 Apr 2017
  • Offshore Tax Fraud: Lessons Learned From 'The USA v. The Billionaire Wyly Brothers'

    Offshore Tax Fraud: Lessons Learned From 'The USA v. The Billionaire Wyly Brothers' For decades, aggressive tax evasion strategies have been used by sophisticated investors and businesses to hide income and lower tax bills, usually through the use of proven failed methods. This session will review the massive offshore tax fraud committed by the billionaire Texas business moguls Samuel Wyly and Charles Wyly, and the numerous financial planning errors that caused their collapse, including improperly-used offshore trusts, lack of minimal disclosure, overly complex structures, failed tax strategies and the inability to use current aggressive tax avoidance methods as a substitute. THEME: Tax Evasion Arthur VanDesande, Founder, Concorde Associates & Retired Senior Special Agent, IRS Criminal ...

    published: 05 May 2017
  • Offshore Corporate Tax Havens and the G20

    Learn innovative methods to allow companies to go green and cut large expenses at the same time. The expenses we reduce are energy bills and federal taxes, using proven win-win methodology for all parties involved. For every $59.24 in tax liability we install one (1) square foot of solar panels on your company's rooftops for $55 and at the same time we eliminate the $59.24 in tax liability using tax credits and depreciation from projects we have previously done. Our company installs the solar panels on your rooftop. We sell the energy generated by the panels, back to your business at 40% less than you are paying right now. In summary, you can go green by installing solar; reduce your federal taxes by $4.24 per sq. ft., and then generate ongoing revenue by cutting your energy costs by 40%...

    published: 22 Jul 2013
  • Southern Poverty Law Center Transfers $Millions in Cash to Offshore Entities

    Southern Poverty Law Center Transfers $Millions in Cash to Offshore Entities The Southern Poverty Law Center (SPLC), a liberal, Alabama-based 501(c)(3) tax-exempt charitable organization that has gained prominence on the left for its "hate group" designations, pushes millions of dollars to offshore entities as part of its business dealings, records show. Additionally, the nonprofit pays lucrative six-figure salaries to its top directors and key employees while spending little on legal services despite its stated intent of "fighting hate and bigotry" using litigation, education, and other forms of advocacy. The Southern Poverty Law Center is perhaps best known for its "hate map," a collection of organizations the nonprofit deems "domestic hate groups" that lists mainstream conservative ...

    published: 01 Sep 2017
  • Obama Criticized Loopholes That Help Protect Offshore Tax Haven

    President Obama on Tuesday criticized loopholes that help protect offshore tax havens and U.S. companies that move abroad for lower tax rates. "A lot of these loopholes come at the expense of middle class families," Obama said during the White House press briefing adding that such companies are "gaming the system." The president's comments come on the heels of the Treasury Department's new package of rules aimed at making "tax inversions" — when U.S. companies move abroad for lower tax rates — less financially appealing. http://feeds.nbcnews.com/c/35002/f/663303/s/4ebd37ca/sc/24/l/0L0Snbcnews0N0Cnews0Cus0Enews0Ctreasury0Elooks0Ecompanies0Elowering0Etax0Erates0Emoving0Eabroad0En550A936/story01.htm http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

    published: 05 Apr 2016
  • Southern Poverty Law Center: Fleecing the Gullible and Lining Its Offshore Accounts

    SPLC Sends Millions to Opaque Offshore Tax Havens News that Morris Dee’s Southern Poverty Law Center (SPLC) transferred some $5 million offshore in 2014 caught many by surprise. For example, tax expert Amy Sterling Casil, CEO of the nonprofit consulting firm Pacific Human Capital, upon learning of the transactions, said: I’ve never known a U.S.-based nonprofit dealing in human rights or social services to have any foreign bank accounts.… I am stunned to learn of transfers of millions to offshore bank accounts. It is a huge red flag and would [be] completely unacceptable to any wealthy, responsible, experienced board member who was committed to a charitable mission who I ever worked with. It is unethical for any U.S.-based charity to invest large sums overseas. I know of no legitimate reaso...

    published: 08 Sep 2017
  • Panama Papers: Inside the shady world of tax havens - Counting the Cost

    The Panama Papers shocked the world this week when a massive leak of 11.5 million tax documents exposed the secret dealings of hundreds of thousands of people, including world leaders and celebrities, and how they use shady financial mechanisms to avoid paying taxes and hide their wealth. Linking at least 12 current and former heads of state and 143 politicians to illicit financial transactions, the documents revealed how Mossack Fonseca, a Panama-based law firm, allegedly used banks, law firms and offshore shell companies, from 1977 to the end of 2015, to help hide its clients assets. While the disclosures have since led to the resignation of one world leader, Sigmundur Davio Gunnlaugsson, the Icelandic prime minister; the problem goes beyond mere individuals. The Panama Papers have ex...

    published: 10 Apr 2016
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Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

  • Order:
  • Duration: 5:48
  • Updated: 26 Apr 2016
  • views: 26014
videos
Get more Tips here! www.destinationtips.com Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts. Here is a list of the top 10 Biggest Tax Havens in the World. (Ranking is based on a combination of its secrecy score and scale weighting) #10 United Arab Emirates One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement. A large slice of the inbound money comes in the form gold. Secrecy Score: 77% Tax Haven Status: Tiny #9 Bahrain An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries. Secrecy Score: 74% Tax Haven Status: Small #8 Germany Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist Secrecy Score: 56% Tax Haven Status: Huge but Shifty #7 Lebanon Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient. Secrecy Score: 79% Tax Haven Status: Small and Secure #6 Luxembourg The most important private banking and wealth management center in the Eurozone. It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers. Breaking professional secrecy can result in a prison sentence Secrecy Score: 55% Tax Haven Status: Huge #5 The Cayman Islands Banking assets worth $1.4 trillion in June 2014. Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion. It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it. Secrecy Score: 65% Tax Haven Status: Aggressively Protective #4 Singapore A major wealth management center, with $1.4 trillion in assets under management in 2013. In 2014 it become Asia’s largest foreign exchange trading center. It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership. Secrecy Score: 69% Tax Haven Status: Intentionally Blind? #3 USA The U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities. Secrecy Score: 60% Tax Haven Status: Ironic #2 Hong Kong Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets. China’s control over Hong Kong has shielded it from global transparency initiatives. It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS. Secrecy Score: 72% Tax Haven Status: See-No-Evil #1 Switzerland Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934 However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders Secrecy Score: 73% Tax Haven Status: BOSS
https://wn.com/Top_10_Offshore_Tax_Havens_You_Can_Still_Stash_Your_Cash
Hypocrisy USA: The Country's Role as a Money Laundering Center & Offshore Tax Haven - Miami 2016

Hypocrisy USA: The Country's Role as a Money Laundering Center & Offshore Tax Haven - Miami 2016

  • Order:
  • Duration: 1:37:14
  • Updated: 05 May 2016
  • views: 1740
videos
The United States routinely takes the moral high ground when accusing offshore jurisdictions of facilitating money laundering and tax evasion to the detriment of the world's major countries and the global economy in general. But is it a case of the pot calling the kettle black? This session will look at the involvement of the USA, its banks, attorneys, corporate agents, realtors and others in providing services to money launderers and tax evaders, contributing to property booms in cities like New York and Miami and economic booms in states like Delaware and Nevada. Evidence provided will include a hidden-camera investigation by Global Witness into whether attorneys in New York were prepared to set up anonymous accounts to conceal the identity of a prospective client who they were led to believe was seeking to launder the proceeds of corruption. SPEAKERS EDWARD DAVIS, JR. Founding Shareholder, Astigarraga Davis (Miami) SHAUNA LEVEN Director of Anti-Corruption Campaigns, Global Witness (London) JESSE DRUCKER Investigative Reporter, Bloomberg News (New York) JAMES BARNACLE Chief of Money Laundering Unit, FBI (New York) PETER COTORCEANU Of Counsel, Anaford AG (Switzerland) PowerPoint: http://www.offshorealert.com/uploadedFiles/Events/OffshoreAlert_Conferences/2016/miami/02%20Hypocrisy%20USA-%20The%20Country's%20Role%20as%20a%20Money%20Laundering%20Center%20and%20Offshore%20Tax%20Haven.pdf
https://wn.com/Hypocrisy_USA_The_Country's_Role_As_A_Money_Laundering_Center_Offshore_Tax_Haven_Miami_2016
Paradise Papers Expose “Cleverest Ways of Exploiting” Offshore Tax Havens by GOP & Democratic Donors

Paradise Papers Expose “Cleverest Ways of Exploiting” Offshore Tax Havens by GOP & Democratic Donors

  • Order:
  • Duration: 8:54
  • Updated: 08 Nov 2017
  • views: 10729
videos
https://democracynow.org - Examining the Paradise Papers, The Guardian reports seven Republican super-donors mentioned in the papers stored some of their fortunes offshore, beyond the reach of public scrutiny and tax authorities. Together, the billionaires pumped more than $350 million into the 2016 election. Some are well-known backers of conservative causes, like casino magnate Sheldon Adelson and Charles and David Koch. Another investigation focuses on Democratic donor James Simons, who spent $11 million to back Hillary Clinton’s 2016 presidential campaign. Simons is the founder of Renaissance Technologies, the world’s most profitable hedge fund. Leaked records show he kept much of his $8 billion fortune in an offshore private wealth fund in Bermuda in order to avoid “particularly severe” taxes that would be triggered if he tried to bring the funds onshore. We speak with Jon Swaine, senior reporter for The Guardian. Democracy Now! is an independent global news hour that airs weekdays on nearly 1,400 TV and radio stations Monday through Friday. Watch our livestream 8-9AM ET: https://democracynow.org Please consider supporting independent media by making a donation to Democracy Now! today: https://democracynow.org/donate FOLLOW DEMOCRACY NOW! ONLINE: Facebook: http://facebook.com/democracynow Twitter: https://twitter.com/democracynow YouTube: http://youtube.com/democracynow SoundCloud: http://soundcloud.com/democracynow Daily Email: https://democracynow.org/subscribe Google+: https://plus.google.com/+DemocracyNow Instagram: http://instagram.com/democracynow Tumblr: http://democracynow.tumblr.com Pinterest: http://pinterest.com/democracynow iTunes: https://itunes.apple.com/podcast/democracy-now!-audio/id73802554 TuneIn: https://tunein.com/radio/Democracy-Now-p90 Stitcher Radio: https://www.stitcher.com/podcast/democracy-now
https://wn.com/Paradise_Papers_Expose_“Cleverest_Ways_Of_Exploiting”_Offshore_Tax_Havens_By_Gop_Democratic_Donors
The Panama Papers: Victims of Offshore

The Panama Papers: Victims of Offshore

  • Order:
  • Duration: 4:19
  • Updated: 03 Apr 2016
  • views: 1886882
videos
The Panama Papers is a global investigation into the sprawling, secretive industry of offshore that the world's rich and powerful use to hide assets and skirt rules by setting up front companies in far-flung jurisdictions. Based on a trove of more than 11 million leaked files, the investigation exposes a cast of characters who use offshore companies to facilitate bribery, arms deals, tax evasion, financial fraud and drug trafficking. Behind the email chains, invoices and documents that make up the Panama Papers are often unseen victims of wrongdoing enabled by this shadowy industry. This is their story. For more, go to panamapapers.icij.org EXECUTIVE PRODUCER: Hamish Boland-Rudder PRODUCER: Carrie Ching ANIMATION ARTIST: Arthur Jones REPORTER: Will Fitzgibbon NARRATOR: Eleanor Bell Fox SUPPORTED BY THE PULITZER CENTER ON CRISIS REPORTING
https://wn.com/The_Panama_Papers_Victims_Of_Offshore
The Nomad Trap: How to legally avoid tax as a digital nomad

The Nomad Trap: How to legally avoid tax as a digital nomad

  • Order:
  • Duration: 7:43
  • Updated: 07 Jan 2017
  • views: 16743
videos
http://www.nomadcapitalist.com Many location independent entrepreneurs and digital nomads leave their home countries every year, never giving much thought to how or where they'll pay tax. So, where do digital nomads pay tax? It turns out that it might be in your home country. If you don't take the proper steps and fill out the proper forms to become tax non-resident and establish a new "center of life" somewhere outside of your home, you may be on the hook for taxes at home. In fact, a few location independent types discovered this YEARS after leaving, and ended up paying big past tax bills. Ouch! Andrew explains how to avoid "The Nomad Trap" and make sure you LEGALLY avoid paying tax to a country you don't live in, as well as how to make sure you don't get in the tax net somewhere else. ----- ABOUT NOMAD CAPITALIST Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom. Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports. He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump. As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve. Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle. About Andrew: http://www.nomadcapitalist.com/about/ Our website: http://www.nomadcapitalist.com Our blog: http://www.nomadcapitalist.com/blog/ Work with Andrew: http://www.holanomad.com/
https://wn.com/The_Nomad_Trap_How_To_Legally_Avoid_Tax_As_A_Digital_Nomad
Mini Law School - Invisible Riches: Offshore Tax Evasion and the Global Crackdown

Mini Law School - Invisible Riches: Offshore Tax Evasion and the Global Crackdown

  • Order:
  • Duration: 1:25:53
  • Updated: 20 Feb 2014
  • views: 1304
videos
Recent studies of international banking data suggest that a staggering amount of global financial wealth (between $US 10 and 20 trillion) is held in "offshore financial centres" or "tax havens", with over $US 5 trillion of such financial wealth being unreported or unidentified. This is despite the fact that governments and international organizations, including the OECD and G20, have aggressively targeted offshore tax evasion since the 2008 financial crisis, with the G20 declaring in 2009 that "the era of banking secrecy is over". In this lecture we will explore the following questions: * What is the nature of the international tax evasion problem, particularly for Canada? * How has the Canadian government enhanced our tax laws and treaty networks to stem the outflow of money? * Is the Canada Revenue Agency doing anything to bring tax evaders to justice? (or is that the job of the CBC?) * Is the era of banking secrecy really over? Presented by Professor Geoffrey Loomer, Schulich School of Law on February 12, 2014. MINI LAW SCHOOL is a free series of engaging public lectures that will give you a taste of what a legal education is all about. There's no cost to attend - and better still, no tests to write - just come with a curious ear to listen to fascinating lectures from some of the law school's most talented faculty. For more information, visit our website: dal.ca/law Thanks for watching!
https://wn.com/Mini_Law_School_Invisible_Riches_Offshore_Tax_Evasion_And_The_Global_Crackdown
What is Offshore Banking?

What is Offshore Banking?

  • Order:
  • Duration: 1:37
  • Updated: 26 Jan 2015
  • views: 18719
videos
Offshore banking means that you have a global investment or a financial account in an area outside the nation you're residing in. This place is often a reduced tax obligation territory. Warwick Associates is a multinational company supplying financial guidance and assistance in Global Investment, Offshore Banking and Custody. Offshore banking investments are can give you unlimited access to globally competitive markets and to all foreign exchanges. Contact Warwick Associates for more information about Offshore Banking - http://Warwick-Associates.com
https://wn.com/What_Is_Offshore_Banking
Loophole for All [Trailer] Hacking Performance Art - Paolo Cirio - Cayman Islands Tax Haven

Loophole for All [Trailer] Hacking Performance Art - Paolo Cirio - Cayman Islands Tax Haven

  • Order:
  • Duration: 1:49
  • Updated: 24 Feb 2016
  • views: 155
videos
This artwork undermined the idea of having a company "on paper" in countries considered financial offshore centers. The artist unveiled over 200,000 Cayman Islands companies and reversed global finance machination. The website Loophole4All.com promoted the sale of real identities of anonymous Cayman companies at low cost to democratize the privileges of offshore businesses by forging Certificates of Incorporation documents for each company issued with the artist's real name and signature. This performance generated international media attention and engaged an active audience, as well as produced outrage from authorities on the Cayman Islands, international banking, accounting, and law firms, individual owners of real companies, and PayPal. As part of the conceptual work, Cirio set up his own company in the City of London and took advantage of other jurisdictions to shield personal liability and revenues. Further, the artist interviewed major experts and produced a video documentary investigating offshore centers to expose their social costs and to envision solutions to global economic inequality. In the offline art installation, the paper trail of the project is displayed with prints of the counterfeited Certificates of Incorporation and the documents of the scheme set up for the operation. https://paolocirio.net/work/loophole-for-all/
https://wn.com/Loophole_For_All_Trailer_Hacking_Performance_Art_Paolo_Cirio_Cayman_Islands_Tax_Haven
ICIJ Offshore Leaks Database Tutorial

ICIJ Offshore Leaks Database Tutorial

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  • Duration: 5:01
  • Updated: 22 Oct 2013
  • views: 67885
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Learn how to use the ICIJ Offshore Leaks Database, where you can search information about the ownership of more than 100,000 offshore entities in tax havens and discover the networks around them. http://offshoreleaks.icij.org/ This web application is part of the "Secrecy for Sale" series. Read the articles: http://www.icij.org/offshore UPDATE: In January 23, 2014 ICIJ revealed the names of more than 37,000 tax haven clients from China, Hong Kong and Taiwan, so the Offshore Leaks Database now has no details withheld.
https://wn.com/Icij_Offshore_Leaks_Database_Tutorial
Luxembourg Leaks: Tricks of the Trade

Luxembourg Leaks: Tricks of the Trade

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  • Duration: 3:11
  • Updated: 05 Nov 2014
  • views: 69023
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For more, see: http://www.icij.org/luxleaks Video produced by ICIJ in partnership with the Pulitzer Center.
https://wn.com/Luxembourg_Leaks_Tricks_Of_The_Trade
Offshore Aboard the Tax Man, Port Aransas Texas

Offshore Aboard the Tax Man, Port Aransas Texas

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  • Duration: 6:59
  • Updated: 01 Feb 2017
  • views: 3277
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Hunters Link take you offshore fishing on the Tax Man in Port Aransas Texas to catch Amber Jack and Mako Shark.
https://wn.com/Offshore_Aboard_The_Tax_Man,_Port_Aransas_Texas
KPMG allegedly involved in offshore tax "sham"

KPMG allegedly involved in offshore tax "sham"

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  • Duration: 18:04
  • Updated: 22 Sep 2015
  • views: 8461
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Tax officials allege the accounting giant crafted an offshore scheme to let rich Canadians avoid tax. We investigate how it works and why it's being kept under wraps. Click here for the full story: http://www.cbc.ca/1.3234876 »»» 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_Allegedly_Involved_In_Offshore_Tax_Sham
Inside the Secretive World of Tax-Avoidance Experts

Inside the Secretive World of Tax-Avoidance Experts

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  • Duration: 1:25:09
  • Updated: 05 May 2016
  • views: 1843
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A behind-the-scenes, eye-witness account of the international wealth management profession from a sociologist who has spent the last eight years researching it, during which time she trained to become a wealth manager and visited 18 offshore jurisdictions. SPEAKERS BROOKE HARRINGTON Associate Professor, Copenhagen Business School (Denmark) PowerPoint: http://www.offshorealert.com/uploadedFiles/Events/OffshoreAlert_Conferences/2016/miami/01%20Inside%20the%20Secretive%20World%20%20of%20Tax-Avoidance%20Experts.pdf
https://wn.com/Inside_The_Secretive_World_Of_Tax_Avoidance_Experts
Apple rejects ‘Paradise Papers’ allegations that it a bused offshore tax shelters

Apple rejects ‘Paradise Papers’ allegations that it a bused offshore tax shelters

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  • Duration: 5:34
  • Updated: 07 Nov 2017
  • views: 0
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Apple rejects ‘Paradise Papers’ allegations that it abused offshore tax shelters. Apple, the world’s most valuable company, finds itself once again at the center of an international controversy about the ways U.S. corporations use international tax havens to dodge their tax bills. In a detailed response to allegations published yesterday as part of the “Paradise Papers” project, Apple insisted that it pays its fair share and follows the law. “Apple believes every company has a responsibility to pay its taxes, and as the largest taxpayer in the world, Apple pays every dollar it owes in every country around the world,” the company wrote. “We’re proud of the economic contributions we make to the countries and communities where we do business.” As Apple has experienced astonishing success over the past decade and seen its income and profits surge, the company has also been battling ongoing allegations that it has become one of the planet’s largest tax dodgers.
https://wn.com/Apple_Rejects_‘Paradise_Papers’_Allegations_That_It_A_Bused_Offshore_Tax_Shelters
What to do with your Offshore Bank Account - Freeman Tax Law Webinar

What to do with your Offshore Bank Account - Freeman Tax Law Webinar

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  • Duration: 1:05:59
  • Updated: 30 Sep 2014
  • views: 1111
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This OVDP webinar event presented by Jeffrey S. Freeman, J.D., LL.M of Freeman Tax Law help answer IRS, tax law, offshore banking, and international tax compliance questions.
https://wn.com/What_To_Do_With_Your_Offshore_Bank_Account_Freeman_Tax_Law_Webinar
Offshore Bank Account | Be Careful Where You Open It

Offshore Bank Account | Be Careful Where You Open It

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  • Duration: 2:07
  • Updated: 30 Dec 2014
  • views: 9610
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http://www.offshorecompanyregistration.ae/offshore-banking/offshore-bank-account Offshore bank account: Advantages, where to open, fund transfers, presence required Offshore bank account: Advantages 1. If you are residing in a country that does not have a freely convertible currency an offshore account allows easy travel. 2. You can use your offshore account to buy property or invest in shares and mutual funds. 3. There are many offshore funds that have higher yields because they are taxed at a lower rate. In most cases they are easier to buy via offshore accounts. 4. Offshore bank accounts are generally confidential. However make sure that your offshore tax haven hasn’t entered into a Tax Information Exchange Treaty (TIET) with your home country. Offshore bank account: Where to open There are over 40 countries that offer offshore bank account services by law. Some of the offshore centres that provide bank account services include Guernsey, Cayman Islands, Panama, United Arab Emirates (UAE) and Belize. To provide an additional layer of protection between you and those seeking information about your activities, it is better to open the bank account in the name of an offshore company. Many offshore banks have minimum deposit requirements. Switzerland requires at least US$ 500,000. However UAE has a much lower minimum starting at US$ 10,000. Before you choose the country for your offshore account check: Know Your Client (KYC) documentation required Minimum deposit requirements Whether the offshore jurisdiction has a TIET agreement with your country Confidentiality laws of the offshore jurisdiction Offshore bank account: Funds Post 9/11 banks have become more leery of being prosecuted for money laundering and have become obsessive about the source of funds. They have become reluctant to take large cash deposits and will ask you questions about where your funds are coming from. Be aware that confidentiality doesn’t always mean that your transactions are known only to you. Offshore bank account: Presence In most instances your presence will be required at the time of bank account opening. This is part of the KYC due diligence undertaken by the banks. Seychelles and Mauritius don’t require your presence. Dubai, United Arab Emirates is also a tourist and business destination in addition to being an offshore center. Dubai also has many Swiss banks registered in its financial center. So if you travel to Dubai you are not obviously travelling to a tax haven. Many offshore banks allow internet banking and some also offer credit and debit cards. So you may only need to visit your bank occasionally.
https://wn.com/Offshore_Bank_Account_|_Be_Careful_Where_You_Open_It
Can You Still Hide Money in Swiss Banks?

Can You Still Hide Money in Swiss Banks?

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  • Duration: 3:01
  • Updated: 18 Feb 2015
  • views: 378521
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Subscribe! http://bitly.com/1iLOHml Swiss banks have been scrutinized the last few years for alleged unscrupulous business conduct. So what unethical practices are they accused of? Learn More: Tax Justice Report http://www.taxjustice.net/cms/upload/pdf/TUIYC_2012_FINAL.pdf HSBC: Corporate Rap Sheet http://www.corp-research.org/HSBC "Once a staid financial institution with a focus on Asia, HSBC has found itself caught up in recent years in scandals involving predatory lending, tax evasion and the role its lax internal controls have played in helping drug traffickers and organizations said to be linked to terrorist groups." Swiss bank secrecy in toughest test since Nazi gold http://www.reuters.com/article/2008/12/11/us-banking-secrecy-switzerland-idUSTRE4BA0CV20081211 "Nearly one-third of wealth kept abroad globally is in Swiss banks: the Swiss Bankers Association and consultants estimate this at $2.2 trillion, making the Alpine state the globe's biggest offshore center ahead of Britain and Luxembourg." Watch More: How Are US Companies Avoiding Billions in Taxes? https://www.youtube.com/watch?v=-o-zPXB_F6Y Subscribe to TestTube Daily! http://bitly.com/1iLOHml _________________________ TestTube's new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubedailyshow/ Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq Special thanks to Lissette Padilla for hosting TestTube! Check Lissette out on Twitter:https://twitter.com/lizzette
https://wn.com/Can_You_Still_Hide_Money_In_Swiss_Banks
What is OFFSHORE FINANCIAL CENTRE? What does OFFSHORE FINANCIAL CENTRE mean?

What is OFFSHORE FINANCIAL CENTRE? What does OFFSHORE FINANCIAL CENTRE mean?

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  • Duration: 13:08
  • Updated: 19 Apr 2017
  • views: 391
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What is OFFSHORE FINANCIAL CENTRE? What does OFFSHORE FINANCIAL CENTRE mean? OFFSHORE FINANCIAL CENTRE meaning - OFFSHORE FINANCIAL CENTRE definition - OFFSHORE FINANCIAL CENTRE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. An offshore financial centre (OFC) is a small, low-tax jurisdiction specializing in providing corporate and commercial services to non-resident offshore companies, and for the investment of offshore funds. The term was coined in the 1980s. The International Monetary Fund (IMF) defines an offshore financial centre as "a country or jurisdiction that provides financial services to nonresidents on a scale that is incommensurate with the size and the financing of its domestic economy." Although information is still limited, there is strong evidence that OFCs captured a significant amount of global financial flows and functions both as back doors and partners of leading financial centre especially since the 1970s. Whether a financial centre is to be characterized as "offshore" is a question of degree. Indeed, the IMF Working Paper cited above notes that its definition of an offshore centre would include the United Kingdom and the United States, which are ordinarily counted as "onshore" because of their large populations and inclusion in international organisations such as the G20 and OECD. The more nebulous term "tax haven" is often applied to offshore centres, leading to confusion between the two concepts. In Tolley's International Initiatives Affecting Financial Havens the author in the Glossary of Terms defines an "offshore financial centre" in forthright terms as "a politically correct term for what used to be called a tax haven." However, he then qualifies this by adding, "The use of this term makes the important point that a jurisdiction may provide specific facilities for offshore financial centres without being in any general sense a tax haven." A 1981 report by the United States Internal Revenue Service concluded: "a country is a tax haven if it looks like one and if it is considered to be one by those who care." With its connotations of financial secrecy and tax avoidance, "tax haven" is not always an appropriate term for offshore financial centres, many of which have no statutory banking secrecy, and most of which have adopted tax information exchange protocols to allow foreign countries to investigate suspected tax evasion. Views of offshore financial centres tend to be polarised. Proponents suggest that reputable offshore financial centres play a legitimate and integral role in international finance and trade, and that their zero-tax structure allows financial planning and risk management and makes possible some of the cross-border vehicles necessary for global trade, including financing for aircraft and shipping or reinsurance of medical facilities. Proponents point to the tacit support of offshore centres by the governments of the United States (which promotes offshore financial centres by the continuing use of the Foreign Sales Corporation (FSC)) and United Kingdom (which actively promotes offshore finance in Caribbean dependent territories to help them diversify their economies and to facilitate the British Eurobond market). Opponents view them as draining tax revenues away from developed countries by allowing tax arbitrage, and rendering capital flows into and out of developing countries opaque. Very few commentators express neutral views. Overseas Private Investment Corporation (OPIC), a U.S. government agency, when lending into countries with underdeveloped corporate law, often requires the borrower to form an offshore vehicle to facilitate the loan financing. One could argue that US external aid statutorily cannot even take place without the formation of offshore entities. Offshore finance has been the subject of increased attention since 2000 and even more so since the April 2009 G20 meeting, when heads of state resolved to "take action" against non-cooperative jurisdictions. Initiatives spearheaded by the Organisation for Economic Co-operation and Development (OECD), the Financial Action Task Force on Money Laundering (FATF) and the International Monetary Fund have had a significant effect on the offshore finance industry.
https://wn.com/What_Is_Offshore_Financial_Centre_What_Does_Offshore_Financial_Centre_Mean
Offshore Tax Fraud: Lessons Learned From 'The USA v. The Billionaire Wyly Brothers'

Offshore Tax Fraud: Lessons Learned From 'The USA v. The Billionaire Wyly Brothers'

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  • Duration: 52:45
  • Updated: 05 May 2017
  • views: 158
videos
Offshore Tax Fraud: Lessons Learned From 'The USA v. The Billionaire Wyly Brothers' For decades, aggressive tax evasion strategies have been used by sophisticated investors and businesses to hide income and lower tax bills, usually through the use of proven failed methods. This session will review the massive offshore tax fraud committed by the billionaire Texas business moguls Samuel Wyly and Charles Wyly, and the numerous financial planning errors that caused their collapse, including improperly-used offshore trusts, lack of minimal disclosure, overly complex structures, failed tax strategies and the inability to use current aggressive tax avoidance methods as a substitute. THEME: Tax Evasion Arthur VanDesande, Founder, Concorde Associates & Retired Senior Special Agent, IRS Criminal Investigation, Offshore Coordinator (Miami) Daniel Rashbaum, Partner, Marcus Neiman & Rashbaum (Miami) Recorded Live on May 01, 2017 at The 15th Annual OffshoreAlert North American Conference on Financial Intelligence & Investigations, The Ritz-Carlton, South Beach, Miami Beach, FL Learn more at: https://www.offshorealert.com/events/
https://wn.com/Offshore_Tax_Fraud_Lessons_Learned_From_'The_USA_V._The_Billionaire_Wyly_Brothers'
Offshore Corporate Tax Havens and the G20

Offshore Corporate Tax Havens and the G20

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  • Duration: 4:52
  • Updated: 22 Jul 2013
  • views: 183
videos
Learn innovative methods to allow companies to go green and cut large expenses at the same time. The expenses we reduce are energy bills and federal taxes, using proven win-win methodology for all parties involved. For every $59.24 in tax liability we install one (1) square foot of solar panels on your company's rooftops for $55 and at the same time we eliminate the $59.24 in tax liability using tax credits and depreciation from projects we have previously done. Our company installs the solar panels on your rooftop. We sell the energy generated by the panels, back to your business at 40% less than you are paying right now. In summary, you can go green by installing solar; reduce your federal taxes by $4.24 per sq. ft., and then generate ongoing revenue by cutting your energy costs by 40% on the energy we create. Global plan to curb tax evasion unveiled at G20 meeting - OECD aims to close tax loopholes and allow countries to tax offshore profits - It will never happen.... Contact - http://www.investoffshore.com
https://wn.com/Offshore_Corporate_Tax_Havens_And_The_G20
Southern Poverty Law Center Transfers $Millions in Cash to Offshore Entities

Southern Poverty Law Center Transfers $Millions in Cash to Offshore Entities

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  • Duration: 3:39
  • Updated: 01 Sep 2017
  • views: 131
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Southern Poverty Law Center Transfers $Millions in Cash to Offshore Entities The Southern Poverty Law Center (SPLC), a liberal, Alabama-based 501(c)(3) tax-exempt charitable organization that has gained prominence on the left for its "hate group" designations, pushes millions of dollars to offshore entities as part of its business dealings, records show. Additionally, the nonprofit pays lucrative six-figure salaries to its top directors and key employees while spending little on legal services despite its stated intent of "fighting hate and bigotry" using litigation, education, and other forms of advocacy. The Southern Poverty Law Center is perhaps best known for its "hate map," a collection of organizations the nonprofit deems "domestic hate groups" that lists mainstream conservative organizations alongside racist groups such as the Ku Klux Klan and is often referenced in the media. A gunman opened fire at the Washington, D.C., offices of the conservative Family Research Council in 2012 after seeing it listed as an "anti-gay" group on SPLC's website. The SPLC has turned into a fundraising powerhouse, recording more than $50 million in contributions and $328 million in net assets on its 2015 Form 990, the most recently available tax form from the nonprofit. SPLC's Form 990-T, its business income tax return, from the same year shows that they have "financial interests" in the Cayman Islands, British Virgin Islands, and Bermuda. No information is available beyond the acknowledgment of the interests at the bottom of the form. However, the Washington Free Beacon discovered forms from 2014 that shed light on some of the Southern Poverty Law Center's transfers to foreign entities. The SPLC's Form 8865, a Return of U.S. Persons With Respect to Certain Foreign Partnerships, from 2014 shows that the nonprofit transferred hundreds of thousands to an account located in the Cayman Islands. SPLC lists Tiger Global Management LLC, a New York-based private equity financial firm, as an agent on its form. The form shows a foreign partnership between the SPLC and Tiger Global Private Investment Partners IX, L.P., a pooled investment fund in the Cayman Islands. SPLC transferred $960,000 in cash on Nov. 24, 2014 to Tiger Global Private Investment Partners IX, L.P, its records show. The SPLC's Form 926, a Return by a U.S. Transferor of Property to a Foreign Corporation, from 2014 shows additional cash transactions that the nonprofit had sent to offshore funds. The SPLC reported a $102,007 cash transfer on Dec. 24, 2014 to BPV-III Cayman X Limited, a foreign entity located in the Cayman Islands. The group then sent $157,574 in cash to BPV-III Cayman XI Limited on Dec. 31, 2014, an entity that lists the same PO Box address in Grand Cayman as the previous transfer. The nonprofit pushed millions more into offshore funds at the beginning of 2015. On March 1, 2015, SPLC sent $2,200,000 to an entity incorporated in Canana Bay, Cayman Islands, according to Securities and Exchange Commission (SEC) records and run by a firm firm based in Greenwich, Ct. Another $2,200,000 cash transfer was made on the same day to another fund whose business is located at the same address as the previous fund in the Cayman Islands, according to SEC records. No information is contained on its interests in Bermuda on the 2014 forms. SPLC's financial stakes in the British Virgin Islands were not acknowledged until its 2015 tax form. Lucinda Chappelle, a principal at Jackson Thornton, the public accounting firm in Montgomery, Ala., that prepared the SPLC's tax forms, said she does not discuss client matters and hung up the phone when the Free Beacon contacted her in an attempt to get the most updated forms from the group in relation to its foreign business dealings. Tax experts expressed confusion when being told of the transfer. "I've never known a US-based nonprofit dealing in human rights or social services to have any foreign bank accounts," said Amy Sterling Casil, CEO of Pacific Human Capital, a California-based nonprofit consulting firm. "My impression based on prior interactions is that they have a small, modestly paid staff, and were regarded by most in the industry as frugal and reliable. I am stunned to learn of transfers of millions to offshore bank accounts. It is a huge red flag and would have been completely unacceptable to any wealthy, responsible, experienced board member who was committed to a charitable mission who I ever worked with." "It is unethical for any US-based charity to invest large sums of money overseas," said Casil. "I know of no legitimate reason for any US-based nonprofit to put money in overseas, unregulated bank accounts." "It seems extremely unusual for a ‘501(c)(3)' concentrating upon reducing poverty in the American South to have multiple bank accounts in tax haven nations," Charles Ortel, a former Wall Street analyst and financial advisor who helped uncover a 2009 financial scandal at General Electric,
https://wn.com/Southern_Poverty_Law_Center_Transfers_Millions_In_Cash_To_Offshore_Entities
Obama Criticized Loopholes That Help Protect Offshore Tax Haven

Obama Criticized Loopholes That Help Protect Offshore Tax Haven

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  • Duration: 0:55
  • Updated: 05 Apr 2016
  • views: 226
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President Obama on Tuesday criticized loopholes that help protect offshore tax havens and U.S. companies that move abroad for lower tax rates. "A lot of these loopholes come at the expense of middle class families," Obama said during the White House press briefing adding that such companies are "gaming the system." The president's comments come on the heels of the Treasury Department's new package of rules aimed at making "tax inversions" — when U.S. companies move abroad for lower tax rates — less financially appealing. http://feeds.nbcnews.com/c/35002/f/663303/s/4ebd37ca/sc/24/l/0L0Snbcnews0N0Cnews0Cus0Enews0Ctreasury0Elooks0Ecompanies0Elowering0Etax0Erates0Emoving0Eabroad0En550A936/story01.htm http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com
https://wn.com/Obama_Criticized_Loopholes_That_Help_Protect_Offshore_Tax_Haven
Southern Poverty Law Center: Fleecing the Gullible and Lining Its Offshore Accounts

Southern Poverty Law Center: Fleecing the Gullible and Lining Its Offshore Accounts

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  • Duration: 6:25
  • Updated: 08 Sep 2017
  • views: 306
videos
SPLC Sends Millions to Opaque Offshore Tax Havens News that Morris Dee’s Southern Poverty Law Center (SPLC) transferred some $5 million offshore in 2014 caught many by surprise. For example, tax expert Amy Sterling Casil, CEO of the nonprofit consulting firm Pacific Human Capital, upon learning of the transactions, said: I’ve never known a U.S.-based nonprofit dealing in human rights or social services to have any foreign bank accounts.… I am stunned to learn of transfers of millions to offshore bank accounts. It is a huge red flag and would [be] completely unacceptable to any wealthy, responsible, experienced board member who was committed to a charitable mission who I ever worked with. It is unethical for any U.S.-based charity to invest large sums overseas. I know of no legitimate reason for any U.S.-based nonprofit to put money in overseas, unregulated bank accounts. ... https://www.thenewamerican.com/usnews/crime/item/26848-splc-sends-millions-to-opaque-offshore-tax-havens ====================================================== Support this channel with Patreon: https://www.patreon.com/Headlines_With_A_Voice One-time support offerings may be sent to the following email address using PayPal: headlineswithavoice@gmail.com NOTE: Alternate sites where you may access my daily narrated news are listed below. Thank you, Headlines With A Voice https://www.bitchute.com/channel/headlines-with-a-voice/ https://vid.me/1HeadlinesWithAVoice https://headlineswithavoice.com ====================================================== The narration of this article does not constitute an endorsement of its contents or point of view, by this channel. Our viewers and subscribers are encouraged to draw their own conclusions. FAIR USE NOTICE: This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a 'fair use' of any such copyrighted material as provided for in Title 17 U.S.C. section 106A-117 of the U.S. Copyright Law.
https://wn.com/Southern_Poverty_Law_Center_Fleecing_The_Gullible_And_Lining_Its_Offshore_Accounts
Panama Papers: Inside the shady world of tax havens - Counting the Cost

Panama Papers: Inside the shady world of tax havens - Counting the Cost

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  • Duration: 26:01
  • Updated: 10 Apr 2016
  • views: 7883
videos
The Panama Papers shocked the world this week when a massive leak of 11.5 million tax documents exposed the secret dealings of hundreds of thousands of people, including world leaders and celebrities, and how they use shady financial mechanisms to avoid paying taxes and hide their wealth. Linking at least 12 current and former heads of state and 143 politicians to illicit financial transactions, the documents revealed how Mossack Fonseca, a Panama-based law firm, allegedly used banks, law firms and offshore shell companies, from 1977 to the end of 2015, to help hide its clients assets. While the disclosures have since led to the resignation of one world leader, Sigmundur Davio Gunnlaugsson, the Icelandic prime minister; the problem goes beyond mere individuals. The Panama Papers have exposed that most of the work Mossack Fonseca and the rest of the wealth-management industry do is perfectly legal. On this special edition of Counting the Cost, we take a closer look at tax havens and the legality behind them. Alex Cobham, a director of research at the Tax Justice Network, joins the programme to discuss the loopholes that allow tax-dodging. Stewart Patton, a US tax attorney based in Belize City, discusses the possible fallout for tax havens following the release of the Panama Papers. We also speak to James S Henry, a senior fellow at Columbia University's Center for Sustainable Investment, about the absence of American billionaires and companies on the leaked list and how the US, the world's biggest economy, is surprisingly a top tax haven. More from Counting the Cost on: YouTube – http://youtube.com/show/countingthecost Website - http://aljazeera.com/programmes/countingthecost/
https://wn.com/Panama_Papers_Inside_The_Shady_World_Of_Tax_Havens_Counting_The_Cost