Lobato1
Mayor
As I was saying last month before I was so rudely interrupted:
THE TAX CHEAT MITT IS A TAX CHEAT.
The one & only reason for secret numbered bank accounts in the Switzerland Tax Heaven that in addition to paying no interest is known for the astronomical fees Swiss banks charge on any & all transactions is to:
EVADE TAXES & period.
The modus operandi for these Tax Cheat Felons is to have multiple secret numbered bank accounts (with the corresponding fees on all those transactions) so as to isolate the monies from the banks accounts in the country of origin to another secret account & ultimately to the account number used to repatriate money to our country when needed.
An example is the funneling of profits from Countries offering tax free schemes “But that are taxable in our Country” such as Spain that offered a ten year tax free plan on profits from industrial investments & five year stepped tax increase thereafter (such as Spain offered to Renault in Valladolid, Opel in Zaragoza, Ford in Levante, Citroen, etc., etc of )
But offshore tax heavens such Antigua, Barbuda, Aruba, Bahamas, Barbados, Bermuda, Cayman Islands, Cyprus, Grenada, etc., etc., are by far murkier due to the instability of their governments (e.g. a decade ago & if memory serves me right, Aruba had a Marxist candidate campaigning on pulling a Castro on foreign bank accounts).
Hence these offshore tax heavens are used for, "Money Laundering" (Narco-monies from cartels, arms traffic, etc) to then transfer them to “SAFE” Tax Heavens in Isle of Man, Jersey, Liechtenstein, Luxembourg, Monaco & Switzerland.
Sad.
Best Regards
Lobato1
THE TAX CHEAT MITT IS A TAX CHEAT.
The one & only reason for secret numbered bank accounts in the Switzerland Tax Heaven that in addition to paying no interest is known for the astronomical fees Swiss banks charge on any & all transactions is to:
EVADE TAXES & period.
The modus operandi for these Tax Cheat Felons is to have multiple secret numbered bank accounts (with the corresponding fees on all those transactions) so as to isolate the monies from the banks accounts in the country of origin to another secret account & ultimately to the account number used to repatriate money to our country when needed.
An example is the funneling of profits from Countries offering tax free schemes “But that are taxable in our Country” such as Spain that offered a ten year tax free plan on profits from industrial investments & five year stepped tax increase thereafter (such as Spain offered to Renault in Valladolid, Opel in Zaragoza, Ford in Levante, Citroen, etc., etc of )
But offshore tax heavens such Antigua, Barbuda, Aruba, Bahamas, Barbados, Bermuda, Cayman Islands, Cyprus, Grenada, etc., etc., are by far murkier due to the instability of their governments (e.g. a decade ago & if memory serves me right, Aruba had a Marxist candidate campaigning on pulling a Castro on foreign bank accounts).
Hence these offshore tax heavens are used for, "Money Laundering" (Narco-monies from cartels, arms traffic, etc) to then transfer them to “SAFE” Tax Heavens in Isle of Man, Jersey, Liechtenstein, Luxembourg, Monaco & Switzerland.
Sad.
Best Regards
Lobato1
