Cyprus-Forum.com

[Lordo]

http://www.dailymail.co.uk/news/article-2048385/Greek-finance-sham-120k-families-claiming-ghost-pensions.html

it seems every day there is a new democratic principle coming out our home for democracy and freaqdom.

it seems griis has the highest population of ghost pension claimers. 120,000 to be precise. you boys are cluless on how to be democratic and freaqish. ask charlui caught napping again.

renga news over and out.........

[Lordo]

any shipping tycoons out there dont worry about this communist government. you democrartic right not pay tax is going to be continued.

http://www.reuters.com/article/2015/01/30/greece-shipping-idUSL6N0V84I120150130

charlui caught napping again. any flag stories you can tell us. we must concentrate on things that matter you know what i mean. onward and upward.

renga news over and out........

[Lordo]

here is another one speaks volumes. how much tax has this man paid.

http://time.com/3951086/dracopoulos-shipping-magnate/

[DT.]

Disgusting....why can't they be more like the UK where benefits scams are unheard of?

[Lordo]

and another one

http://sustainability.thomsonreuters.com/2014/01/03/greece-overhaul-arms-procurement-scandal/

[Nikitas]

Shipowners are mostly non residents, their ships rarely pass through Greek waters, and mostly live in higher tax jurisdictions than Greece, ie London, New York and Geneva. A minority of them live in Greece.

Some of the most well known names are Greek in name only, they have been living overseas for generations, as in the London Greeks. So how would they be taxed?

The constitutional provisions and Law 89 of 1969 were designed to attract the shipowning community back to Greece, ironically law 89 was used more by foreign non shipping firms than Greek shipowners.

I started my career in Greece working for law 89 foreign firms, none were in shipping. One was an Arab publishing firm another a major US multinational.

Like it often happens, the journalists did a superficial job on an overused subject.

A more useful angle would be why the world's largest merchant fleet, with ties to the country, does not feed a sizeable ship repair and ship breaking industry? The responses would bite deep into the politically correct ecoloon pervasive international culture that afflicts journalists.

[RichardB]

Wonderful post Lordo..i am sure this information will help solve the Cyprus problem

[Lordo]

Wonderful post Lordo..i am sure this information will help solve the Cyprus problem

do we not have exact same problems in cyprus.

[Nikitas]

The exact same problem in Cyprus?

A case in point is the heir to a shipping fortune, (created by his ex patriated father overseas), who started a succesful air line. How would Cyprus tax him and why?