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Here’s a guide to the major revelations in the Paradise Papers

Discussion in 'The Americas' started by Vergennes, Nov 6, 2017.

  1. Vergennes

    Vergennes Strategist Staff Member MILITARY STRATEGIST

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  2. Guynextdoor

    Guynextdoor Lt. Colonel SENIOR MEMBER

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    Even queen mother thinks Britain is going into the toilet after Brexit. Obviously she is saving her nest egg. @BMD you should try to get a job in a Chinese/Indian company for furture job security. You should move your savings to SBI/ ICICI/ Axis Bank for 7% annual interst in FD.
     
  3. BMD

    BMD Colonel ELITE MEMBER

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    The Queen mother has been dead 15 years you imbecile.
     
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  4. BMD

    BMD Colonel ELITE MEMBER

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    Not really a major revelation. Rich people avoiding tax. Who would have guessed?

    Right now there's lot's of major UK companies avoiding tax by basing themselves in Ireland. That won't be possible anymore if there's no deal on financial passporting.
     
  5. Guynextdoor

    Guynextdoor Lt. Colonel SENIOR MEMBER

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    Well this woman is mother of all queens now you dense individual!!! Besides the fact that monarchy is scared that they will lose their little wealth left is clear. You did not answer the core question/issue!!!!
     
  6. BMD

    BMD Colonel ELITE MEMBER

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    Really, Queen Elizabeth is mother of Cleopatra, who died in 30BC?

    The Monarchy gave billions over to the taxpayer 20+ years ago.

    https://www.forbes.com/sites/timwor...lizabeth-ii-is-worth-44-billion/#333943be24d0

    [​IMG]
    Tim Worstall
    , CONTRIBUTOR
    brand values:

    Brand Finance, the brand valuation consultancy that compiled the report, says that in contrast to the monarchy’s value at £44.5 billion, Tesco is worth £33 billion while M&S is valued at £7.4 billion.




    The numbers all seem entirely valid to me as well:

    The total value of £44.5 billion includes £18.1 billion of assets including the Crown jewels and royal palaces. On top of that, the monarchy is reckoned to be worth an additional £26.4 billion because of the economic benefits it brings to the UK, through the boost to tourism and other industries.

    We Brits do get a lot of publicity as a result of reporting on the family. We also get a lot of tourism as a result both of that publicity and the presence of the Royals.

    One of the perennials of British politics is that a Republic would be better. Perhaps it would and perhaps it wouldn't, but often the argument is taken further, in that a Republic would be cheaper. Given that Presidents need to have palaces as well but don't garner anything like the tourism revenues that last argument may well not be true.


    The £34 billion “intangible asset value” of the monarchy is offset by an estimated £7.6 billion worth of costs. These include a long-term security bill of a little over £3.3 billion, while any potential buyer of “The Firm” would be saddled, according to Brand Finance, with Civil List costs estimated at £461 million and travel at £195 million.

    These calculations about the value of the Royals to the economy as a whole indicate that we make a very good profit out of having them. It's very difficult indeed to think of a President of a Republic actually being profitable, isn't it?

    http://archive.fortune.com/magazines/fortune/fortune_archive/1990/09/10/73983/index.htm
     
  7. BMD

    BMD Colonel ELITE MEMBER

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    The core question is why so many Indian billionaires move to the UK.
     
  8. Guynextdoor

    Guynextdoor Lt. Colonel SENIOR MEMBER

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    Nope- Indian BILLIONAIRES don't move to UK> Did Ratan Tata/ Ambani/ Adani etc. move to UK? No. A lot of taxi drivers etc. move there. Some times Indians work for multinational companies that need heads in overseas offices they go there.
     
  9. Guynextdoor

    Guynextdoor Lt. Colonel SENIOR MEMBER

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    Now here we can agree. Queen and mickey mouse are actually the same thing. But only in Britain do they dress up their constitutional head as a cartoon character
     
  10. BMD

    BMD Colonel ELITE MEMBER

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    Hinduja, Vaswani, Mittal.
     
  11. BMD

    BMD Colonel ELITE MEMBER

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    Dunno about Mickey Mouse but notice Danger Mouse's assistant.
    [​IMG] [​IMG][​IMG]
     
    Last edited: Nov 7, 2017
  12. Guynextdoor

    Guynextdoor Lt. Colonel SENIOR MEMBER

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    arguably they got rich after they moved to UK. In the 1960s it was a good move.
     
  13. Zer0reZ

    Zer0reZ 2nd Lieutant FULL MEMBER

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    Paradise Papers: Indian names tumble out for tax haven links

    NEW DELHI: More than 700 Indian names, including those of politicians, corporates and celebrities, today figured in the leaked 'Paradise Papers' detailing business dealings of "the world's most powerful people and companies" in offshore tax havens.

    Regulatory and enforcement agencies swung into action by promising a multi-regulatory probe soon after the names started tumbling out as part of the latest global expose by the International Consortium of Investigative Journalists (ICIJ), even as several of those named denied any wrongdoing.

    The Indian names include Bollywood star Amitabh Bachchan, defaulter businessman Vijay Mallya, corporate lobbyist Niira Radia, film star Sanjay Dutt's wife Dilnashin, Union minister Jayant Sinha and Rajya Sabha MP R K Sinha, the ICIJ's media partner in the country, The Indian Express, said.

    The Indian names also included those associated with the Sun-TV-Aircel-Maxis case, Essar-Loop 2G case, SNC-Lavalin in which Kerala Chief Minister Pinarayi Vijayan was named and then cleared and a case against Y S Jagan Mohan Reddy; as also entities linked to Rajasthan ambulance scam that names an entity called Ziquista Healthcare (with Congress leader Sachin Pilot and former minister P Chidambaram's son Karti as early honorary/independent directors).

    Some of the names, including that of Bachchan, had figured in Panama Papers as well.

    Read more at:
    //economictimes.indiatimes.com/articleshow/61524500.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
     
  14. Gessler

    Gessler BANNED BANNED

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    Oh, you've gone and done it now !!! :fuu::fuu:

    :troll:
     
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  15. Guynextdoor

    Guynextdoor Lt. Colonel SENIOR MEMBER

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    People do not come to India and give us 500 million for this cartoon......only your comuter keyboard life was used. ;)
     

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