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Now if only some folks in the US would get up the guts to tighten our tax loopholes and hit the offshorers where it hurts...
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<Reverend> IRC is just multiplayer notepad.
I like your SNOOPY POSTER! - While you Wait quote. -
Switching entirely to a VAT should do that nicely
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Actually quite a difficult question, because our tax system is royally ****ed up. Income tax can be between zero and over 40 percent depending on the income of course. Thing is, the whole system is overly bureaucratic, full of exemptions and special rules, which could affect what tax you finally have to pay. Most experts here agree that we need a major overhaul, therefore nearly every new gov has ideas for a great tax reform, but so far nothing decisive has been done, only more patchwork.Originally posted by DinoDoc
Out of curiosity, what is the tax rate in Germany?BlahComment
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Germany
"I realise I hold the key to freedom,
I cannot let my life be ruled by threads" The Web Frogs
Middle East!Comment
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BlahComment
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Bebro
"I realise I hold the key to freedom,
I cannot let my life be ruled by threads" The Web Frogs
Middle East!Comment
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bring guillotine back and let the heads roll
Germany
Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"Comment
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OneFootInTheGrave
"I realise I hold the key to freedom,
I cannot let my life be ruled by threads" The Web Frogs
Middle East!Comment
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Some fun details: media reports say info about the Post boss and "hundreds" of other high society members being involved was obtained by the BND (one of Germay's intel services) for ca. 5 million € (other sources say 4+, not that it matters much) from an informant within the bank in Liechtenstein which is linked to the scandal. The overall tax loss due to the actions investigated here could be ca. 4 billion €.BlahComment
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On Thursday, the Deutsche Post boss was questioned by police and his home and office were raided.
Prosecutors suspect that he avoided paying 1m euros (£750,000; $1.4m) in taxes using banks in Lichtenstein.
What a loser. A million here and there is nothing to real players
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If Germany had only united Europe under one government and one alone, this would never have happened.
“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"Comment
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It's avoidance (legal) or evasion (illegal), not avoision (simpsons).Originally posted by Darius871
It's avoision, not evasion.
No, I did not steal that from somebody on Something Awful.Comment
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The last paragraphs of WSJ's story on Zumwinkel's imminent departure from Deutsche Post are pertinent generally...
German prosecutors said they suspect Mr. Zumwinkel invested in a Liechtenstein trust to avoid paying around €1 million in taxes. Mr. Zumwinkel was detained Thursday for questioning and released that day but remains a suspect.
Friday, Liechtenstein's LGT Group said client data stolen from a subsidiary trust in 2002 appeared to have been unlawfully disclosed. LGT is Liechtenstein's largest banking group and owned by the principality's royal family. A spokesman for Liechtenstein prosecutors said German prosecutors appear to be following leads uncovered in the data.
The allegations of tax-dodging have sparked a public outcry in Germany. "The moral damage is considerable," German Finance Minister Peer Steinbrück told reporters.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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I wanted to deliver a box to the Phils from Oregon. DHL $474, LBC $65 (LBC is the Philippine shipper)
Bad Germans! Bad!
Long time member @ Apolyton
Civilization player since the dawn of timeComment
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