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(International Business Times)   "Stop calling us a tax haven," says tax haven   (ibtimes.co.uk ) divider line
    More: Stupid  
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3234 clicks; posted to Business » on 12 Jun 2014 at 2:08 PM (1 year ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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vpb [TotalFark]
2014-06-12 11:52:13 AM  
Isn't the Isle of Man called Ellan Gyn Keesh in Manx?
 
2014-06-12 01:42:27 PM  
i'm traveling to the IOM next month, so i'm getting a kick, etc.
 
2014-06-12 02:17:26 PM  
They prefer the public relations-friendly terms "low-tax jurisdiction" and "responsible business centre".

Sure. We'll put that right beside "job creators" (the rich) and "investment opportunities in need of capitalization" (the poor).
 
2014-06-12 02:18:52 PM  
They should be glad that they haven't been taken over.
 
2014-06-12 02:29:48 PM  
When my brother was in HS they  had a school's rugby team from IOM come for a week to play the local schools. Needless to say, they kicked everyone's ass.
Nice bunch of kids though.
 
2014-06-12 02:31:18 PM  
Auto play videos in the sidebar make me stabby.
 
2014-06-12 02:39:34 PM  
You're a reactionary anti-gay tax haven then.

Better now?
 
2014-06-12 02:44:41 PM  
Isle of Man, Isle of Man
Does whatever an isle can
Higher-tax countries, not a fan
Isle of Man
 
2014-06-12 02:47:34 PM  
I thought it was going to be about Ireland :(  Oh well, close enough.
 
2014-06-12 02:48:16 PM  
"The danger in all that particular debate that's going on is that the finger is always pointed at the Isle of Man, or at Jersey, or at Guernsey.

How dangerous. I don't know if I'm ready for the blame to go where it belongs. Somebody get my fainting couch.

Far and away more tax planning goes on in the City of London and within the UK itself," he said.

Oh yeah tax planning, that's the real problem. If only those City crooks would stop planning to use tax shelters then tax shelters could go on being tax shelters with no one sheltering anything in them. Which would be just fine.
 
2014-06-12 02:55:22 PM  

Ishkur: They prefer the public relations-friendly terms "low-tax jurisdiction" and "responsible business centre".

Sure. We'll put that right beside "job creators" (the rich) and "investment opportunities in need of capitalization" (the poor).


Oh good I'm not the only one conditioned to roll eyes hard when running into the phrase "responsible business (whatever)".
 
2014-06-12 03:00:55 PM  
... needs to diversify its economy ... So they are targeting the online gaming and gambling

... John Spellman, director of financial services for the Isle of Man, outlined his vision of the state as a hub for digital currencies and new financial technology such as peer-to-peer lending.
...

... Bell made comments in the press following a visit by Professor David Nutt, the former UK government drugs czar who was sacked for his liberal views on cannabis, that he agrees with the academic. ...

Yo dawg, I heard you like being hated by every other government in the entire world...
 
2014-06-12 03:15:21 PM  
I thought it was a racetrack with moving obstacles
 
2014-06-12 03:24:18 PM  
The Isle of Man, where you can be charged with "furious driving."
 
2014-06-12 03:31:07 PM  
Stop calling us a tax haven, or we'll boot you! It's even on our flag:

d.ibtimes.co.uk

And boy, will you be sorry once we get our automated process down:

d.ibtimes.co.uk
 
2014-06-12 03:46:44 PM  
There are not a tax haven:  You just don't pay with money but with cat tails.

celticmythpodshow.com
 
2014-06-12 04:02:26 PM  

Fark like a Barsoomian: "The danger in all that particular debate that's going on is that the finger is always pointed at the Isle of Man, or at Jersey, or at Guernsey.

How dangerous. I don't know if I'm ready for the blame to go where it belongs. Somebody get my fainting couch.

Far and away more tax planning goes on in the City of London and within the UK itself," he said.

Oh yeah tax planning, that's the real problem. If only those City crooks would stop planning to use tax shelters then tax shelters could go on being tax shelters with no one sheltering anything in them. Which would be just fine.


I'm sure that it's a lot easier to go after the smaller islands, since the City of London (not to be confused with the city named London) has special privileges in the English legal system that have been in place since the time of William the Conqueror.
 
2014-06-12 04:19:44 PM  
Happy Jack must have lived in the sand for tax purposes.
 
2014-06-12 04:49:54 PM  

anfrind: Fark like a Barsoomian: "The danger in all that particular debate that's going on is that the finger is always pointed at the Isle of Man, or at Jersey, or at Guernsey.

How dangerous. I don't know if I'm ready for the blame to go where it belongs. Somebody get my fainting couch.

Far and away more tax planning goes on in the City of London and within the UK itself," he said.

Oh yeah tax planning, that's the real problem. If only those City crooks would stop planning to use tax shelters then tax shelters could go on being tax shelters with no one sheltering anything in them. Which would be just fine.

I'm sure that it's a lot easier to go after the smaller islands, since the City of London (not to be confused with the city named London) has special privileges in the English legal system that have been in place since the time of William the Conqueror.


WOT?
 
2014-06-12 05:05:20 PM  
You think tax havens don't like it when you call them tax havens, you should see how tax cheats react when you call them tax cheats.

One of my fondest memories is of listening to a guy at a bar--not someone I knew--completely shiat all over himself by bragging to his buddies about how he'd performed some minor piece of tax fraud and "saved" a hundred bucks. He obviously thought they were all going to pat him on the back and chuckle at how clever he was, putting one over on the tax man like that. Instead they all just told him, real quiet and sad, that he was an asshole and a cheat who just made it harder on honest people. He couldn't have alienated them more if he'd took a dump on the bar, but it was the surprise on his face that stuck with me. He didn't mind confessing to cheating but it clearly shocked him that they'd call him a  cheat.

My grandpa was a tax cheat, too. He spent the last 30 years of his life (successfully) pretending to be so senile that the IRS would just throw up its hands and go away for years at a time. When my mother, the executrix of his estate, looked into bringing the money back into the country legally from its Caribbean hidey-holes, so that she could pay off all the accumulated interest and penalties and maybe theoretically inherit something, she found that it had mysteriously disappeared. Either the Bahamian bank or the Saul Goodman-style lawyer Grandpa used to get the money offshore apparently just decided they'd keep it.

/cool stories, bro
 
2014-06-12 05:24:23 PM  
Isle of Man?

i.imgur.com
 
2014-06-12 06:14:15 PM  
nothing makes the richest 2% fidgety more than the mention of taxes and/or tax havens.  it sends their BP thru the roof, for some reason.
 
2014-06-12 06:54:48 PM  
Some of the best motorcycle racing on the planet.

hooniverse.com
 
2014-06-12 07:10:21 PM  
IOM:  We aren't a tax haven.
FTFA: ... the Isle of Man - which the World Bank says is the eighth richest nation in the world on a GDP per capita basis - needs to diversify its economy away from traditional financial services, something the government openly acknowledges is its priority. So they are targeting the online gaming and gambling, film production, space commerce, technology start-ups and many others by offering low or no tax for these sectors to encourage business investment.

files.sharenator.com
 
2014-06-12 07:26:56 PM  

Sin_City_Superhero: Some of the best motorcycle racing on the planet.

[hooniverse.com image 720x477]


Would love to see that race!
 
2014-06-12 07:42:33 PM  

anfrind: not to be confused with the city named London


What the farking crap did I just watch?
 
2014-06-12 08:59:53 PM  

semiotix: You think tax havens don't like it when you call them tax havens, you should see how tax cheats react when you call them tax cheats.

One of my fondest memories is of listening to a guy at a bar--not someone I knew--completely shiat all over himself by bragging to his buddies about how he'd performed some minor piece of tax fraud and "saved" a hundred bucks. He obviously thought they were all going to pat him on the back and chuckle at how clever he was, putting one over on the tax man like that. Instead they all just told him, real quiet and sad, that he was an asshole and a cheat who just made it harder on honest people. He couldn't have alienated them more if he'd took a dump on the bar, but it was the surprise on his face that stuck with me. He didn't mind confessing to cheating but it clearly shocked him that they'd call him a  cheat.

My grandpa was a tax cheat, too. He spent the last 30 years of his life (successfully) pretending to be so senile that the IRS would just throw up its hands and go away for years at a time. When my mother, the executrix of his estate, looked into bringing the money back into the country legally from its Caribbean hidey-holes, so that she could pay off all the accumulated interest and penalties and maybe theoretically inherit something, she found that it had mysteriously disappeared. Either the Bahamian bank or the Saul Goodman-style lawyer Grandpa used to get the money offshore apparently just decided they'd keep it.

/cool stories, bro


Hubby has a friend who bragged for years about not paying taxes.

He now owes about ten grand, and that's starting his new marriage off real awesome...

His only regret seems to be getting caught.
 
2014-06-12 09:56:10 PM  

Ishkur: They prefer the public relations-friendly terms "low-tax jurisdiction" and "responsible business centre".

Sure. We'll put that right beside "job creators" (the rich) and "investment opportunities in need of capitalization" (the poor).


Brought to you by the same newspeak experts who brought you Citizens United, No Child Left Behind and compassionate conservative.

//not to mention American Thinker
 
2014-06-12 10:46:31 PM  

Arkanaut: Isle of Man, Isle of Man
Does whatever an isle can
Higher-tax countries, not a fan
Isle of Man


Revenue Man, Revenue Man
Revenue Man hates Isle of Man
They have a fight, nobody wins
Bloodsucking man, that Revenue Man
 
2014-06-12 11:21:30 PM  

Fark_Guy_Rob: I thought it was going to be about Ireland :(  Oh well, close enough.


"Hey, I want to build a cheap car, but stay with me the marketing plan is brilliant!  We'll build the car in an area with tax incentives, make it out of premium materials on the outside, line it with some leather, have all the features, and use off the shelf parts for the engine, suspension and the rest of the important things.  Then we'll get it featured in a movie, and it will be the iconic car of the decade!!!

/funded by coke
 
2014-06-13 12:51:06 AM  

Sin_City_Superhero: Some of the best motorcycle racing on the planet.

[hooniverse.com image 720x477]


What does that pic have to do with those words? That motorcycle race is clearly not taking place on the planet.
 
2014-06-13 02:11:47 AM  
better than giving it to the IRS.
 
2014-06-13 07:27:51 AM  

semiotix: My grandpa was a tax cheat, too. He spent the last 30 years of his life (successfully) pretending to be so senile that the IRS would just throw up its hands and go away for years at a time. When my mother, the executrix of his estate, looked into bringing the money back into the country legally from its Caribbean hidey-holes, so that she could pay off all the accumulated interest and penalties and maybe theoretically inherit something, she found that it had mysteriously disappeared. Either the Bahamian bank or the Saul Goodman-style lawyer Grandpa used to get the money offshore apparently just decided they'd keep it.


While I feel sorry for your grandmother (unless she knew/was going along with this/was supporting this), I do find this hilarious.
 
2014-06-13 12:40:22 PM  

Satanic_Hamster: While I feel sorry for your grandmother (unless she knew/was going along with this/was supporting this), I do find this hilarious.


Grandma #1 died in her 70s, probably clueless and in any event not negatively affected by it. Grandma #2, whom he married when they were both in their 80s (Grandpa, you old dog) would certainly never have been given a chance to get anywhere near the books.

He was an interesting cat. He had a presence about him that frightened everyone I've ever seen in a room with him--not because he was violent or gratuitously mean, but he just had that effect on people. Sort of like the movie about the badass teacher who magically calms the class of delinquents with a look the first time she walks into the room. On paper, he was a Tea Partier decades before it was cool. In practice, if he'd lived to see them, he'd have shot any actual self-identified Tea Partier on the general principle that proper extreme right-wing ideology was not the privilege of the slovenly rabble. (And he had a lot of guns to do it with.)

Anyway, he's in heaven now. (Population 2: him and William F. Buckley, Jr.)
 
2014-06-13 03:10:12 PM  

vicioushobbit: Hubby has a friend who bragged for years about not paying taxes.

He now owes about ten grand, and that's starting his new marriage off real awesome...

His only regret seems to be getting caught.


img.fark.net
Your hubby is friends with Ambassador Molari?
 
2014-06-13 07:57:50 PM  

Fark like a Barsoomian: vicioushobbit: Hubby has a friend who bragged for years about not paying taxes.

He now owes about ten grand, and that's starting his new marriage off real awesome...

His only regret seems to be getting caught.

[img.fark.net image 500x611]
Your hubby is friends with Ambassador Molari?


So it would seem.
 
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