Bono - Paradise Papers

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an tha

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Re: Bono - Paradise Papers
« Reply #1 on: November 05, 2017, 06:38:50 PM »
In case anyone is wondering 'What is The Paradise Papers'...

https://www.theguardian.com/news/series/paradise-papers


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New Zooland

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Re: Bono - Paradise Papers
« Reply #2 on: November 05, 2017, 06:46:30 PM »
Paradise, Lithuanian Style

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JFW

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Re: Bono - Paradise Papers
« Reply #3 on: November 05, 2017, 06:52:44 PM »
I'm not such a smart ass about this. But I don't see why this is really a big problem and why those people are like the devil if they do these things.

Probably I should learn more about this. Besides, I don't care much about the things Bono does*, he should make music and go touring  ;)

* Alright. I care the music comes from a good man. But still  :P
See through in the sunlight

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mariamontreal

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Re: Bono - Paradise Papers
« Reply #4 on: November 05, 2017, 06:54:04 PM »
For a man whose net worth is around 650 million maybe more I guess he can invest in things he has never seen as long as his people know he will make more money.
She moves in mysterious ways

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Zeropartii

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Re: Bono - Paradise Papers
« Reply #5 on: November 05, 2017, 07:32:33 PM »
Lithuanian Soul

Haha

I'm Lithuanian ancestry


Sent from my iPhone using Tapatalk

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Argo

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Re: Bono - Paradise Papers
« Reply #6 on: November 05, 2017, 07:57:38 PM »
Wow. So, er, this means a rich person made an investment. I am shocked.

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Miami

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Re: Bono - Paradise Papers
« Reply #7 on: November 05, 2017, 08:11:59 PM »
Wow. So, er, this means a rich person made an investment. I am shocked.

No, it means that the rich can find ways to avoid paying tax using off-shore accounts whilst the rest of us plebs have to pay our fucking taxes like we ought to.

The greedy bastards can afford to pay their taxes and don't whilst we struggle along and do, and people like you are quite comfortable in letting them off the hook and saying things like 'that's life' etc. I hope you realise that people like you and me are paying more tax to make up for the tax avoidance these conniving greedy fat cats are getting away with. If you're happy about that then good on you. I don't agree with it and I'm glad these people are being uncovered for what they are: greedy bastards.

It's morally wrong. It's even worse when people like Bono are begging governments to use our taxes for foreign aid, when he himself can't be bothered to fork out what he owes. It's a ridiculous position he inhabits and I feel his position as a campaigner is untenable unless he sorts his tax affairs out.

The 'so bad it's almost funny' leak is concerning the queen's creative accounting. Apparently some accounts linked to the 'duchy' are sitting in 'offshore' banks. you couldn't make this up.
« Last Edit: November 05, 2017, 08:24:22 PM by Miami »

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JTNash

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Re: Bono - Paradise Papers
« Reply #8 on: November 05, 2017, 08:24:03 PM »
Nothing Burger 🍔
Plant a demon seed raise a flower of fire

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Codeguy

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Re: Bono - Paradise Papers
« Reply #9 on: November 05, 2017, 08:40:08 PM »
Zzzzzzzzzzzzz

I've got no issue with rich people paying no more in taxes than they are obliged to.

I do have a problem with politicians making it easy for them.
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Fuck the revolution!

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mariamontreal

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Re: Bono - Paradise Papers
« Reply #10 on: November 05, 2017, 08:43:07 PM »
As it goes the rich get richer and the poor get poorer.
She moves in mysterious ways

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The Edges Cat

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Re: Bono - Paradise Papers
« Reply #11 on: November 05, 2017, 10:38:15 PM »
Wow. So, er, this means a rich person made an investment. I am shocked.

No, it means that the rich can find ways to avoid paying tax using off-shore accounts whilst the rest of us plebs have to pay our fucking taxes like we ought to.

The greedy bastards can afford to pay their taxes and don't whilst we struggle along and do, and people like you are quite comfortable in letting them off the hook and saying things like 'that's life' etc. I hope you realise that people like you and me are paying more tax to make up for the tax avoidance these conniving greedy fat cats are getting away with. If you're happy about that then good on you. I don't agree with it and I'm glad these people are being uncovered for what they are: greedy bastards.

It's morally wrong. It's even worse when people like Bono are begging governments to use our taxes for foreign aid, when he himself can't be bothered to fork out what he owes. It's a ridiculous position he inhabits and I feel his position as a campaigner is untenable unless he sorts his tax affairs out.


Then make a placard and do a sit-down protest at the next U2 gig. "Your shite glasses were paid for with OUR TAXES!" ::)

What is a passive, minority investor? Let's go to school...

Minority shareholders often do not work at the company, and are not involved in management, making them, for lack of a better word, “passive investors.”  While no broad rule can ever be applied to everyone, it is these types of minority shareholders who are the most vulnerable to abuse by the majority shareholders. (https://www.nmmlaw.com/sdnj/tag/passive-minority-shareholder/)

If you think Bono's sitting in his secret French Riviera lair, James Bond villain style, rubbing his hands together at the acquisition of a Lithuanian shopping mall, and all the taxes he's going to rort through it, then you've got bigger problems...
« Last Edit: November 05, 2017, 10:44:59 PM by The Edges Cat »
The Edge: [Eno] would love to see us making albums a bit more like [Zooropa]. Where we go, You know what? Were not going to second-guess any of this. Lets just go for it.

We'd all love to see that, Edge.

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Argo

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Re: Bono - Paradise Papers
« Reply #12 on: November 05, 2017, 10:42:41 PM »
Wow. So, er, this means a rich person made an investment. I am shocked.

No, it means that the rich can find ways to avoid paying tax using off-shore accounts whilst the rest of us plebs have to pay our fucking taxes like we ought to.

The greedy bastards can afford to pay their taxes and don't whilst we struggle along and do, and people like you are quite comfortable in letting them off the hook and saying things like 'that's life' etc. I hope you realise that people like you and me are paying more tax to make up for the tax avoidance these conniving greedy fat cats are getting away with. If you're happy about that then good on you. I don't agree with it and I'm glad these people are being uncovered for what they are: greedy bastards.

It's morally wrong. It's even worse when people like Bono are begging governments to use our taxes for foreign aid, when he himself can't be bothered to fork out what he owes. It's a ridiculous position he inhabits and I feel his position as a campaigner is untenable unless he sorts his tax affairs out.

The 'so bad it's almost funny' leak is concerning the queen's creative accounting. Apparently some accounts linked to the 'duchy' are sitting in 'offshore' banks. you couldn't make this up.

Hmmm, I am pretty comfortable knowing that in the country I live, the level of taxes that Bono does or doesn't pay in no way impacts the level of tax that I pay. Whilst my initial post was actually nothing about tax, given you mention it and also make some pretty gratuitous assumptions as to my personal views on taxation issues, I am all for people structuring their affairs to minimize the tax they pay - but definitely not to avoid tax they are legally obliged to pay. 

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guest85

Re: Bono - Paradise Papers
« Reply #13 on: November 05, 2017, 10:56:44 PM »
Heres my view on taxes and Bono: It was a great business move moving U2s corporation to a more tax favorable nation. I believe in minimal taxes. However, Bono cant get on his soapbox and advocate for everyone else to dig in their pockets to support whatever social cause hes championing at the moment, all the while his corporation is trying to pay as little as possible. Think of all the refugees U2s corporate tax dollars could of supported in Ireland.

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So Cruel

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Re: Bono - Paradise Papers
« Reply #14 on: November 05, 2017, 11:10:28 PM »
Heres my view on taxes and Bono: It was a great business move moving U2s corporation to a more tax favorable nation. I believe in minimal taxes. However, Bono cant get on his soapbox and advocate for everyone else to dig in their pockets to support whatever social cause hes championing at the moment, all the while his corporation is trying to pay as little as possible. Think of all the refugees U2s corporate tax dollars could of supported in Ireland.

Yup. I agree. I don't have an issue with anyone paying as little tax as they can as long as it's within the law.

What gets tricky with Bono is he's campaigning for foreign governments to spend their tax dollars on his causes. It just doesn't look good on him to ask for people's taxes to go towards projects he supports all the while he is trying to minimize how much he pays in tax.
Definitive U2 Top 10: 1. One, 2. Bad, 3. With Or Without You, 4. Running to Stand Still, 5. So Cruel, 6. Ultraviolet, 7. I Still Havent Found What Im Looking For, 8. Hawkmoon 269, 9. Red Hill Mining Town, 10. Luminous Times