Tax haven

A tax haven is a state, country, or territory where, on a national level, certain taxes are levied at a very low rate or not at all.

It also refers to countries which have a system of financial secrecy in place. It should be noted that, financial secrecy can be used by foreign individuals to circumvent certain taxes (such as inheritance tax on money, and income tax of the interest on the money you have on your bank account). Because the requirement of paying taxes on these funds cannot be transmitted, as the funds themselves are invisible to the country the individual is from, such taxes can be avoided. Earnings from income generated from real estate (i.e. by renting houses you own abroad) can also be eliminated this way. Despite this occasional abuse, the countries themselves stand in their right to have a system of financial secrecy in place, and it is up to the individual to fill in the required paperwork (i.e. double taxation forms). If the proper double taxation forms are filled in, and taxes are paid, companies can avoid much taxes, even if they hence pay their taxes legally. This is because the tax rates on income can be much lower than the tax rate in their own country. It should be noted that some taxes (such as inheritance tax on the real estate, VAT on the initial purchase price of the real estate -aka Transfer tax-, annual immovable property taxes, municipal real estate taxes, ...) can not be avoided or reduced, as these are levied by the country the real estate you own is in, and hence need to be paid just the same as any other resident of that country. The only thing that can be done is picking a country that has the smallest rates on these taxes (or even no such taxes at all) before you buy any real estate.

Cayman Islands

Coordinates: 19°30′N 80°30′W / 19.500°N 80.500°W / 19.500; -80.500

The Cayman Islands (/ˈkeɪmən/ or /keɪˈmæn/) are a British Overseas Territory in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, located south of Cuba and northwest of Jamaica. The Cayman Islands are considered to be part of the geographic Western Caribbean Zone as well as the Greater Antilles. The territory is often considered a major world offshore financial haven for many wealthy individuals.

History

The Cayman Islands remained largely uninhabited until the 17th century. While there is no archaeological evidence for an indigenous people on the islands, a variety of settlers from various backgrounds made their home on the islands, including pirates, refugees from the Spanish Inquisition, shipwrecked sailors, and deserters from Oliver Cromwell's army in Jamaica.

The first recorded permanent inhabitant of the Cayman Islands, Isaac Bodden, was born on Grand Cayman around 1661. He was the grandson of the original settler named Bodden who was probably one of Oliver Cromwell's soldiers at the taking of Jamaica in 1655.

Khan Academy

Khan Academy is a non-profit educational organization created in 2006 by educator Salman Khan with the aim of providing a free, world-class education for anyone, anywhere. The organization produces short lectures in the form of YouTube videos. In addition to micro lectures, the organization's website features practice exercises and tools for educators. All resources are available for free to anyone around the world. The main language of the website is English, but the content is also available in other languages.

History

The founder of the organization, Salman Khan, was born in New Orleans, Louisiana, United States to immigrant parents from Bangladesh and India. After earning three degrees from the Massachusetts Institute of Technology (a BS in mathematics, a BS in electrical engineering and computer science, and an MEng in electrical engineering and computer science), he pursued an MBA from Harvard Business School.

In late 2004, Khan began tutoring his cousin Nadia who needed help with math using Yahoo!'s Doodle notepad.When other relatives and friends sought similar help, he decided that it would be more practical to distribute the tutorials on YouTube. The videos' popularity and the testimonials of appreciative students prompted Khan to quit his job in finance as a hedge fund analyst at Connective Capital Management in 2009, and focus on the tutorials (then released under the moniker "Khan Academy") full-time.

Hong Kong

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has a land area of 1104 km² and shares its northern border with Guangdong Province of Mainland China. With around 7.2 million inhabitants of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

Counting the cost

Counting the Cost, or in the NIV: The Cost of Being a Disciple or in the NRSV: The Cost of Discipleship or in the NKJV: Leaving All to Follow Christ, are titles given to the Gospel of Luke passage 14:25-33 which includes a pair of parables told by Jesus. The first title comes from the phrase "count the cost", which occurs in the King James Version of the passage, as well as some other versions.

Narrative

The two parables are as follows:

Interpretation

Joel B. Green suggests that it is unclear what kind of tower is being referred to in the first parable, but notes that the message is that a "thoroughgoing fidelity to God's salvific aim" is required, "manifest in one's identity as a disciple of Jesus." This involves putting family and possessions second, as in Matthew 8:18-22 and Luke 9:57-62.

References

5:48

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

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 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
2:43

The top 10 most secretive tax havens | Guardian Explainers

The top 10 most secretive tax havens | Guardian Explainers

The top 10 most secretive tax havens | Guardian Explainers
A world-class tax haven needs several key ingredients: a highly secretive banking system; a stable government that is happy to look the other way; and of course ultra-low taxes. Subscribe to The Guardian ► http://is.gd/subscribeguardian So as David Cameron gathers world leaders for a major anti-corruption summit in London, we look at the top 10 most secretive tax havens. 6x9 experience solitary confinement ► http://bit.ly/6x9gdn The Guardian ► http://is.gd/guardianhome Suggested videos: How to hid a billion dollars | The Panama Papers ► http://bit.ly/HowToHide1Billion 6x9: experience solitary - 360 video ► http://bit.ly/6x9360 Guardian playlists: Comment is Free ► http://is.gd/cifplaylist Guardian Docs ► http://is.gd/guardiandocs Guardian Features ► https://goo.gl/JThOzd Guardian Animations & Explanations ►http://is.gd/explainers Guardian Investigations ► http://is.gd/guardianinvestigations The Global Migration Crisis ► http://is.gd/RefugeeCrisis Anywhere but Westminster ► https://goo.gl/rgH1ri More Guardian videos: 6x9: experience solitary confinement – 36- video ► We Walk Together ► http://bit.ly/WeWalkTogetherFilm The last job on Earth ► http://bit.ly/LastJobOnEarth Patrick Stewart sketch: what has the ECHR ever done for us? ► http://bit.ly/PatrickStewartS How to hide a billion dollars - the Panama Papers ► http://bit.ly/HowToHide1Billion The Syrian Spaceman who became a refugee ► http://bit.ly/SyrianSpace The epic journey of a refugee cat ► http://bit.ly/KunkuzCat If I Die On Mars ► http://is.gd/IfIDieOnMars We can't ban everything that offends you ► http://bit.ly/CensorshipCiF Revenge Porn: Chrissy Chambers and her search for justice ► http://ow.ly/TUoOs Mos Def force fed in Gitmo procedure ► http://is.gd/mosdef Edward Snowden interview ► http://is.gd/snowdeninterview2014 Bangladeshi Sex Workers take steroids ► http://is.gd/sexworkers Other Guardian channels on YouTube: Guardian Football ► http://is.gd/guardianfootball Guardian Music ► http://is.gd/guardianYTmusic Guardian Australia ► http://is.gd/guardianaustralia Guardian Tech ► http://is.gd/guardiantech Guardian Culture ► http://is.gd/guardianculture Guardian Wires ► http://is.gd/guardianwires Guardian Food ► http://is.gd/guardianfood
11:03

12 Best Tax Haven in the World | Offshore Tax Havens | Tax Havens Countries

12 Best Tax Haven in the World | Offshore Tax Havens | Tax Havens Countries

12 Best Tax Haven in the World | Offshore Tax Havens | Tax Havens Countries
The world of offshore accounts, shell companies and tax havens extends far beyond the fictional legal thrillers you see on the silver screen. Offshore tax havens — countries or territories where taxes are assessed at a low or nonexistent rate — are very much a reality, and U.S.-based multinational corporations play a starring role in the real-life drama. According to a 2016 report by Citizens for Tax Justice, 367 companies in the Fortune 500 operate subsidiaries in tax-haven nations around the globe. Just like major corporations, individuals can take advantage of the web of financial loopholes and legislation that foreign countries offer. Click through to discover 12 of these tax havens, which might help you pay less on your tax bill this year or at some point in the future. BERMUDA Bermuda earned the dubious distinction of ranking No. 1 on Oxfam’s 2016 list of the world’s worst corporate tax havens. Bermuda features a zero percent corporate tax rate, as well as no personal income tax rate. Due to the lack of corporate taxes, U.S. multinational companies have raked in huge amounts of money in Bermuda, notably recording profits of $80 billion in 2012. That amount exceeded their profits reported in Japan, China, France and Germany combined. NETHERLANDS The most popular tax haven among the Fortune 500 is the Netherlands, with more than half of the Fortune 500 reporting at least one subsidiary there. Oxfam’s list of the worst corporate tax havens placed this Benelux country at No. 3. National governments often use tax incentives to lure businesses to invest in their country. However, far too often tax incentives have been found to be ineffective, inefficient and costly, according to Oxfam. In the Netherlands, one such tax incentive cost an estimated 1.2 billion euros in 2016. That is equivalent to 7.6 percent of what the Netherlands receives in total income from corporation tax. LUXEMBOURG Like the Netherlands, Luxembourg is one of the three countries that form the Benelux countries, which also have a reputation for being tax shelters. Luxembourg’s tax-haven status comes from its business-friendly laws that allow international companies to park portions of their business in the nation and dodge billions in tax bills. Tax-friendly characteristics include tax incentives, zero percent withholding taxes and evidence of large-scale profit shifting, according to Oxfam. CAYMAN ISLANDS The Cayman Islands offer “probably the biggest (tax) loophole now for individuals as well as the multinational corporations,” said Crystal Stranger, Los Angeles-based tax operations director at 1st Tax Inc. The Cayman Islands come in at No. 2 on Oxfam’s list of the worst tax havens. The Caymans are a British Overseas Territory, a designation that seems to be a common thread running through several tax havens on the Oxfam list. The Caymans and other countries with laws that allow a corporation to be formed and retain assets without paying tax, Stranger said. “When held for business purposes, this is perfectly legal and not a tax-avoidance strategy,” she said. However, the tax advantages and implications are complex, and a professional is probably best equipped to handle them, she said. The tax benefits can be worthwhile to the many businesses from the U.S. and around the world that have assets in the Caymans. In 2012, American multinational companies reported $46 billion in profits from subsidiaries based in the Cayman Islands, according to a report by Citizens for Tax Justice. That compared to a gross domestic product of just $3 billion for the territory. SINGAPORE This tiny sovereign city-state was once a British colony, and now is a hub for multinational corporate subsidiaries. Like the Netherlands and Luxembourg, Singapore actually has “reasonable” nominal corporate tax rates, according to Oxfam. Yet, like those nations, Singapore still finds a way to be one of the top tax havens in the world. Singapore circumvents its “reasonable” corporate tax rates through tax incentives, lack of withholding taxes and what appears to be substantial profit shifting, according to the Oxfam report. CHANNEL ISLANDS Located between England and France, the Channel Islands host hundreds of international corporate subsidiaries. For example, Morgan Stanley alone has 33 tax haven subsidiaries in the Channel Islands, according to a report by the Citizens for Tax Justice. The Channel Islands consist of two British Crown dependencies: The Bailiwick of Jersey, consisting of Jersey The Bailiwick of Guernsey, consisting of three separate jurisdictions: Guernsey, Alderney and Sark Crown dependencies are not part of the United Kingdom, but are instead self-governing territories. Jersey’s status as a tax haven rose in the mid-20th century, when many rich British citizens moved their wealth to the island. At that time
16:50

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013

The Bizarre Economics of Tax Havens and Pirate Banking: James S. Henry at TEDxRadboudU 2013
James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play. In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world. The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands. Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same. About TEDx In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
6:01

The Best Tax-Free Countries in the World

The Best Tax-Free Countries in the World

The Best Tax-Free Countries in the World
Living in one of the best tax-free countries of the world is every entrepreneur's dream, but how to do it? While there are plenty of countries with no income tax where governments welcome people with money to live freely, actually getting into them is becoming increasingly more difficult. This is hardly a surprise, seeing that more and more businessmen are looking for ways to pay fewer taxes and even reduce them to 0. However, there's a glitch of which you need to be aware of and use that knowledge wisely. If you plan to base your business in one the countries with zero income tax, then you might be considering Kuwait, United Arab Emirates or Saudi Arabia. Or maybe you're more focused on Bermuda, Caribbean Islands or the Cayman Islands, which offer same perks - you go work there and pay no tax. But there's always a challenge and with these countries is that they're not particularly open to new foreign entrepreneurs. So which countries are the excellent flag to plant, and you don't have to wrestle with the circumstances every step of the way? There are plenty of livable countries that don’t impose income taxes on their residents, and most of them actually have territorial taxes. The good news here is you can live in Singapore or Hong Kong, make your money offshore and pay no tax for it. It's rather simple - if the income isn't generated in these countries, you won't pay tax for it. Naturally, you don't want to set up your company in a country where you have to pay territorial tax because then income taxes are inevitable. Of course, these countries are making it very hard even for high-achieving entrepreneurs to make a base there because they're aware of the value of the freedom they have. Fortunately, Malaysia, Thailand, Costa Rica, Panama etc. still haven't become as strict as Singapore or Hong Kong, so there's some leeway to take advantage of. The trick here is to plan carefully, to know what you want and how to get there. It’s all about “going where you’re treated best”. This is what the Nomad Capitalist and Andrew do best - helping entrepreneurs come up with a strategy that will give clients more freedom and help them save money on taxes. Finding the best tax-free country for you requires experience and attention to details, and having professionals help you will make a world of difference. For more in-depth info, read our article: http://nomadcapitalist.com/2015/09/07/tax-free-countries-second-residency/ Did you explore tax-free countries? Do you know where you want to go? Tell us what you think in the comments. ----- 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/
7:39

COUNTRIES THAT ARE TAX HAVENS

COUNTRIES THAT ARE TAX HAVENS

COUNTRIES THAT ARE TAX HAVENS
Please watch: "7 expensive things owned by American tennis star Venus Williams" https://www.youtube.com/watch?v=0IVRfXpIOSc --~-- Countries that are Tax haven pay little tax are no tax at all for its citizens. This video brings to you 10 countries that are tax havens.
3:00

Paradise Papers: How tax havens work and why they are a problem

Paradise Papers: How tax havens work and why they are a problem

Paradise Papers: How tax havens work and why they are a problem
Tax havens and offshore accounts and trusts, detailed in the Paradise Papers, are used by the world's wealthiest to legally avoid paying taxes. Here's how they work and why they are a problem. To read more: http://www.cbc.ca/paradisepapers SOURCE LIST: CBC News | Paradise Papers investigation http://www.cbc.ca/paradisepapers International Consortium of Investigative Journalists | Paradise Papers investigation https://www.icij.org/investigations/paradise-papers/ CBC News | Tax havens: How the rich hide money http://www.cbc.ca/news2/interactives/offshore-tax-havens/index.html ICIJ | Tax havens 101: The high cost of going offshore https://www.youtube.com/watch?v=gy2RgjIIZyA CBC News | Huge offshore data leak reveals financial secrets of global elite — from the Queen to former PMs http://www.cbc.ca/1.4387338 CBC News | How Canada got into bed with tax havens http://www.cbc.ca/1.3641278 CBC News | Deals Canada signed to catch tax cheats allow billions in taxes to escape http://www.cbc.ca/1.3639597 CBC News | Canadian ties exposed in leaked Bahamas tax-haven data http://www.cbc.ca/1.3771867 Department of Finance Canada | Tax Information Exchange Agreements https://www.fin.gc.ca/treaties-conventions/tieaaerf-eng.asp »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX Find CBC News on Facebook: http://bit.ly/1WjG36m Follow CBC News on Twitter: http://bit.ly/1sA5P9H For breaking news on Twitter: http://bit.ly/1WjDyks Follow CBC News on Instagram: http://bit.ly/1Z0iE7O Download the CBC News app for iOS: http://apple.co/25mpsUz Download the CBC News app for Android: http://bit.ly/1XxuozZ »»»»»»»»»»»»»»»»»» For more than 75 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.
43:00

KPMG and Tax Havens for the Rich : The Untouchables - the fifth estate

KPMG and Tax Havens for the Rich : The Untouchables - the fifth estate

KPMG and Tax Havens for the Rich : The Untouchables - the fifth estate
A story of money, secrecy and greed: a tax dodge for the wealthy dreamed up by one of the biggest accounting giants in the world KPMG Canada devised what it called an “Offshore Company Structure” for a select group of rich clients: they would claim to give away millions of dollars to a shell company supposedly out of their control and therefore wouldn’t have to pay taxes on it. In the U.S., top KPMG officials were convicted of tax evasion schemes concocted there. But in Canada, a different scheme led to a secret amnesty deal with the Canada Revenue Agency. A federal government inquiry vowing to get to the bottom of it went nowhere What was the accounting firm trying to hide? With revelations from industry insiders, internal KPMG documents and corporate records from the Isle of Man offshore tax haven, we expose the details of the scheme and unveil the names of some of the wealthy clients. A joint investigation by the fifth estate and Radio-Canada’s Enquete program --- Subscribe for more videos from the fifth estate : http://bit.ly/25W8cpn Connect with the fifth estate online : Website : http://bit.ly/1d0FBxq Facebook : http://bit.ly/1UO9B8S Twitter : http://bit.ly/237VM8P Instagram : http://bit.ly/25W8SLs About the fifth estate : For four decades the fifth estate has been Canada's premier investigative documentary program. Hosts Bob McKeown, Gillian Findlay and Mark Kelley continue a tradition of provocative and fearless journalism. the fifth estate brings in-depth investigations that matter to Canadians – delivering a dazzling parade of political leaders, controversial characters and ordinary people whose lives were touched by triumph or tragedy.
5:08

Tax Havens • Explained With Maps

Tax Havens • Explained With Maps

Tax Havens • Explained With Maps
Tax havens play an important role in the globalization of capital markets, but also threaten their stability and structure. What are the properties of tax havens? How profit private persons, companies and the organized crime from tax havens? Video transcript and images: http://explainedwithmaps.com/tax-havens/
53:05

The Tax Free Tour - VPRO documentary - 2013

The Tax Free Tour - VPRO documentary - 2013

The Tax Free Tour - VPRO documentary - 2013
"Where do multinationals pay taxes and how much?" Gaining insight from international tax experts, Backlight takes a look at tax havens, the people who live there and the routes along which tax is avoided globally. Those routes go by resounding names like 'Cayman Special', 'Double Irish', and 'Dutch Sandwich'. A financial world operates in the shadows surrounded by a high level of secrecy. A place where sizeable capital streams travel the world at the speed of light and avoid paying tax. The Tax Free Tour is an economic thriller mapping the systemic risk for governments and citizens alike. Is this the price we have to pay for globalised capitalism? At the same time, the free online game "Taxodus" by Femke Herregraven is launched. In the game, the player can select the profile of a multinational and look for the global route to pay as little tax as possible. Originally broadcasted by VPRO in 2013. © VPRO Backlight March 2013 On VPRO broadcast you will find nonfiction videos with English subtitles, French subtitles and Spanish subtitles, such as documentaries, short interviews and documentary series. VPRO Documentary publishes one new subtitled documentary about current affairs, finance, sustainability, climate change or politics every week. We research subjects like politics, world economy, society and science with experts and try to grasp the essence of prominent trends and developments. Subscribe to our channel for great, subtitled, recent documentaries. Visit additional youtube channels bij VPRO broadcast: VPRO Broadcast, all international VPRO programs: https://www.youtube.com/VPRObroadcast VPRO DOK, German only documentaries: https://www.youtube.com/channel/UCBi0VEPANmiT5zOoGvCi8Sg VPRO Metropolis, remarkable stories from all over the world: https://www.youtube.com/user/VPROmetropolis VPRO World Stories, the travel series of VPRO: https://www.youtube.com/VPROworldstories VPRO Extra, additional footage and one off's: https://www.youtube.com/channel/UCTLrhK07g6LP-JtT0VVE56A www.VPRObroadcast.com Credits: Director: Marije Meerman Research: William de Bruijn Camera: Jean Counet Editing: Bart van den Broek Sound: Tim van Peppen, Benny Jansen, Joris van Ballegoijen Producer: Marie Schutgens animation: Bitcaves & Motoko English, French and Spanish subtitles: Ericsson. French and Spanish subtitles are co-funded by European Union.
3:08

simpleshow explains tax havens

simpleshow explains tax havens

simpleshow explains tax havens
Everyone's talking about tax havens these days. Multinational corporations and wealthy individuals use them to hoard their money away from tax collectors. This simpleshow explains how tax havens work. Watch the video to learn more! www.simpleshow.com www.simpleshow.com/blog
4:35

10 Countries Where Billionaires Hide Their Money

10 Countries Where Billionaires Hide Their Money

10 Countries Where Billionaires Hide Their Money
Here are 10 countries where billionaires hide their money for tax purposes and secrecy! Find out more: http://www.alux.com/?s=hide Have you ever wondered where do rich people keep their money? A normal bank is not enough, you need an offshore. For either protection or just for tax purposes the countries we're about to mention are some of the best places to park your cash. Of course there are many more, that's why we recommend you check out our website for information related to millionaire and billionaire lifestyle. In this video we want to answer the following questions: In what countries do billionaires keep their money? What are the best offshore countries? What countries are tax exempt? Which countries have the lowest income tax? Where can you hide money from the government? Say Hello on: https://www.instagram.com/aluxcom/ https://twitter.com/aluxcom https://www.facebook.com/EALUXE - SUBSCRIBE to ALUX: https://goo.gl/KPRQT8 WATCH MORE VIDEOS ON ALUX.COM! Most Expensive Things: https://goo.gl/09XcYJ Luxury Cars: https://goo.gl/eOUgfS Becoming a Billionaire: https://goo.gl/rRLgJI World's Richest: https://goo.gl/m6emkX Inspiring People: https://goo.gl/KxqTdL Travel the World: https://goo.gl/g5BGmm Dark Luxury: https://goo.gl/20ZsSt Celebrity Videos: https://goo.gl/0cs6sx Businesses & Brands: https://goo.gl/otHsTB -- Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently refferenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content! Our website: https://www.alux.com is the largest social network for people who are passionate about LUXURY! Join today!
25:05

Inside Story - Taking on the tax havens

Inside Story - Taking on the tax havens

Inside Story - Taking on the tax havens
Subscribe to our channel http://bit.ly/AJSubscribe A new report has now revealed that some of the world's richest people have more than $30 trillion stashed in offshore assets, having exploited gaps in cross-border tax rules to move money overseas. Research commissioned by the campaign group Tax Justice Network says the value is as much as the gross domestic products of the US and Japan combined. Should tax havens be allowed to exist? Guests: Jean-Pierre Diserens, Myret Zaki, Sony Kapoor. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook: https://www.facebook.com/aljazeera Instagram: https://instagram.com/aljazeera/?ref=... Twitter: https://twitter.com/ajenglish Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts
2:32

Tax havens and offshore accounts around the world - Truthloader

Tax havens and offshore accounts around the world - Truthloader

Tax havens and offshore accounts around the world - Truthloader
The International Consortium of Investigative Journalists has conducted a study into tax havens and offshore accounts. Some of the findings about the tax breaks and secret schemes of the wealthiest people on Earth will shock you, here are some of the findings. The ICIJ investigation: http://www.icij.org/offshore/secret-files-expose-offshores-global-impact http://en.wikipedia.org/wiki/Ponzi_scheme Subscribe to our channel: http://bit.ly/TRUsub Check out our top 10 videos FSA rocket shoots down Assad helicopter: http://bit.ly/10hq8CO Hamas rockets vs Israel's Iron Dome: http://bit.ly/12MWrPj Zorbing death in Russia after adrenaline rush goes wrong: http://bit.ly/15MgdxD Will the world end on December 21?: http://bit.ly/17mAszV Have they found life on Mars?: http://bit.ly/ZphAhZ Vsauce LIVE: How many people can live on Earth?: http://bit.ly/181z9rg Meteor strike in Chelyabinsk catches out Russian TV: http://bit.ly/ZphDKG Could North Korea hit the UK with a nuclear missile?: http://bit.ly/12MWKKb 'Muslim Patrol' Sharia vigilantes take to streets in East London: http://bit.ly/10hqE3F Boston bombs: how do we define terrorism?: http://bit.ly/11ZpefL Follow us on Facebook: http://facebook.com/truthloader Follow us on Twitter: http://twitter.com/truthloader Read our reddit: http://reddit.com/r/truthloader Truthloader is a channel dedicated to citizen journalism. We find the best examples of crowd-sourced video and independent content, then use our expertise to add context and analysis. We respond to the stories you're interested in, so if you've got a story you'd love us to get to the bottom of, tweet us, Facebook us, or respond to our videos with a comment - and perhaps check out our reddit.
6:02

Tax Havens and Off-Shore Banking Explained

Tax Havens and Off-Shore Banking Explained

Tax Havens and Off-Shore Banking Explained
Tax havens and off-shore banking are VERY broad and complex topic. Tax havens have risen from relative obscurity and offshore banking has become a very hotly debated topic. I hope this video brings light to anyone interested in the topic and serves as an informative introduction! ▼ Follow Me On Social Media! ▼ Twitter: https://www.twitter.com/cheaphouseswilm Instagram: https://www.instagram.com/teddysmithnc/ Pinterest: https://www.pinterest.com/teddysmithnc
1:30

Tax Havens: Here Are the World's Top 5

Tax Havens: Here Are the World's Top 5

Tax Havens: Here Are the World's Top 5
March 21 (Bloomberg) -- Bloomberg's Jessica Howard reports on the top 5 tax havens in the world. (Source: Bloomberg) -- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg
6:47

Transfer pricing and tax havens | Taxes | Finance & Capital Markets | Khan Academy

Transfer pricing and tax havens | Taxes | Finance & Capital Markets | Khan Academy

Transfer pricing and tax havens | Taxes | Finance & Capital Markets | Khan Academy
How a corporation can set up a tax haven and use it through transfer pricing. Created by Sal Khan. Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/taxes-topic/corporate-taxation/v/is-limited-liability-or-double-taxation-fair?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: In exchange for being treated as a person-like-legal entity (and the limited liability this gives for its owners), most corporations pay taxes. This tutorial focuses on what corporations are, "double taxation" and a few ways that multinationals might try to get out of paying taxes. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
26:01

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

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

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 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/
25:34

Nicholas Shaxson on Tax Havens, the Banking system & UK Uncut

Nicholas Shaxson on Tax Havens, the Banking system & UK Uncut

Nicholas Shaxson on Tax Havens, the Banking system & UK Uncut
Nicholas Shaxson, journalist, writer, consultant, and author of Treasure Islands: Tax Havens and the Men Who Stole the World, gives an insight into his book, Tax Havens, the UK Banking system, UK Uncut and the mechanics of Tax avoidance. 97 percent owned Director, Michael Oswald, & Producer, Mike Horwath, help bring this interview to life. www.facebook.com/97percentowned
5:12

How The Wealthy Hide Billions Using Tax Havens

How The Wealthy Hide Billions Using Tax Havens

How The Wealthy Hide Billions Using Tax Havens
"Secrecy World" author Jake Bernstein explains how the super-wealthy hide billions using tax havens and shell companies. -------------------------------------------------- Follow Business Insider on Twitter: https://twitter.com/businessinsider Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ -------------------------------------------------- Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.
1:24

EU blacklists 17 countries as tax havens

EU blacklists 17 countries as tax havens

EU blacklists 17 countries as tax havens
EU blacklists 17 countries as tax havens European Union finance ministers adopted on Tuesday a blacklist of tax havens which includes 17 extra-EU jurisdictions seen as not cooperative on tax matters, French Finance Minister Bruno Le Maire said. American Samoa, Bahrain, Barbados, Grenada, Guam, South Korea, Macau, Marshall Islands, Mongolia, Namibia, Palau, Panama, Saint Lucia, Samoa, Trinidad and Tobago, Tunisia and United Arab Emirates are the countries listed, officials said. Le Maire said that other 47 jurisdictions are included in a public "grey" list of countries that are currently not compliant with EU standards but have committed to change their tax rules. Following multiple disclosures of offshore tax avoidance schemes by companies and wealthy individuals, EU states launched a process in February to list tax havens in a bid to discourage setting up shell structures abroad which are themselves in many cases legal but could hide illicit activities. Blacklisted countries could lose access to EU funds. Other possible countermeasures will be decided in coming weeks, Le Maire said.
3:45

Tax Havens 101: The high cost of going offshore

Tax Havens 101: The high cost of going offshore

Tax Havens 101: The high cost of going offshore
In this animation, see how investors can create companies and trusts in offshore jurisdictions, where an estimated one-third of the world's worth resides.
2:17

These Are The Biggest Tax Havens | CNBC

These Are The Biggest Tax Havens | CNBC

These Are The Biggest Tax Havens | CNBC
With the release of the Panama Papers, CNBC takes a look at the world’s biggest tax havens. And surprisingly, the U.S. is on that list. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC These Are The Biggest Tax Havens | CNBC
25:14

Ecuador Proposes Worldwide Elimination of Tax Havens

Ecuador Proposes Worldwide Elimination of Tax Havens

Ecuador Proposes Worldwide Elimination of Tax Havens
Tax havens do enormous damage to economies around the world, explains Ecuador's foreign minister Guillaume Long Visit http://therealnews.com for more videos.