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Capitalism

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Re: Capitalism

Postby Paphitis » Sun Jan 09, 2022 1:38 am



Ok that’s not tax evasion. That’s just hyperbole.

These companies are multinational companies. They do have offshore company structures and accounts to distribute their products.

Fuel companies are also notorious for it.

The argument from the lay person is that they should be paying tax to the US because they are American companies. But the fact of the matter is, their products are distributed globally from their offshore entities. The products are sold offshore and the money is earned offshore. As a result, they should pay tax in the jurisdiction they are registered in.

As long as the money stays offshore, they should pay no tax. The tax implications occur when they remove the money from the holding structure and transfer the money to another sister structure in another country like the US.

It’s the same principle as a trading PTY LTD. the company only pays tax on profit at a ghly reduced rate. If the money is removed from the structure, it will be removed as a franked dividend and the beneficiary will pay normal income tax on that with only the franked portion being exempt.

So yeh, as long as the money stays where it is, no further tax implication.

That’s why we have accountants to advise us.
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Re: Capitalism

Postby repulsewarrior » Fri Jan 21, 2022 12:46 am



...can countries get out of this disastrous situation?
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Re: Capitalism

Postby Lordo » Fri Mar 25, 2022 10:21 pm

Interesting days now where P&O can fire all their British workforce with no notice period what so ever, no discussion with the Union involved and re-hire foreign labour at £1.87 and hour.

This is the real capitalism.
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Re: Capitalism

Postby Maximus » Sat Mar 26, 2022 12:32 am

Lordo wrote:Interesting days now where P&O can fire all their British workforce with no notice period what so ever, no discussion with the Union involved and re-hire foreign labour at £1.87 and hour.

This is the real capitalism.


Dont worry my little dollop,

The people they replaced them with are being lifted out of poverty and got a pay rise.

Think of how many poor foreign people P&O can employ at £1.87 per hour. They will hire 10x more people earning a living wage.

Isnt that what you want?
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Re: Capitalism

Postby repulsewarrior » Sat Mar 26, 2022 1:05 am

https://www.nytimes.com/2022/03/24/busi ... dium=email

''Call for an Uber, Get a Yellow Taxi
The ride-hailing giant is teaming up with two taxi technology companies in New York City.''

New York, the first city; a trend likely to follow in other large urban centers.

...an example of Capitalism at its best.
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Re: Capitalism

Postby Maximus » Sat Mar 26, 2022 1:14 am

still, Bordo (not bezos) the anti-capitalistic socialista wont share his means of production with the poor people.

Says it all really.

Its the same with all these crypto capitalist plonkers, they want you to be socialist to share your money. :roll:
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Re: Capitalism

Postby Lordo » Sat Mar 26, 2022 12:17 pm

Maximus wrote:
Lordo wrote:Interesting days now where P&O can fire all their British workforce with no notice period what so ever, no discussion with the Union involved and re-hire foreign labour at £1.87 and hour.

This is the real capitalism.


Dont worry my little dollop,

The people they replaced them with are being lifted out of poverty and got a pay rise.

Think of how many poor foreign people P&O can employ at £1.87 per hour. They will hire 10x more people earning a living wage.

Isnt that what you want?

You was born an asshole and you will die one you stupid cunt. what have you fucking done with your toilet brush again. How many times do I have tell you it is not a dummy.

I guess they could even have more workers if they decided to bring back slavery, you stupid cunt. Fuck off back to your rat hole you escaped from before the terggish cat sees you you hear.
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Re: Capitalism

Postby Lordo » Sat Mar 26, 2022 12:19 pm

repulsewarrior wrote:https://www.nytimes.com/2022/03/24/business/uber-new-york-taxis.html?utm_term=OZY&utm_campaign=pdb&utm_content=Friday_03.25.22&utm_source=Sailthru&utm_medium=email

''Call for an Uber, Get a Yellow Taxi
The ride-hailing giant is teaming up with two taxi technology companies in New York City.''

New York, the first city; a trend likely to follow in other large urban centers.

...an example of Capitalism at its best.

I have never used uber and never will till they pay their workers a living wage and treat them like humans.
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Re: Capitalism

Postby Lordo » Sat Mar 26, 2022 12:31 pm

Maximus wrote:still, Bordo (not bezos) the anti-capitalistic socialista wont share his means of production with the poor people.

Says it all really.

Its the same with all these crypto capitalist plonkers, they want you to be socialist to share your money. :roll:

You stupid cunt. You were born an idiot and you will die one.
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