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Started By
Message
Oh lawd. Emma Watson named in Panama Papers
Posted on 5/11/16 at 2:50 am
Posted on 5/11/16 at 2:50 am
LINK
quote:
"Emma (like many high-profile individuals) set up an offshore company for the sole purpose of protecting her anonymity and safety," said a statement issued by her representatives Tuesday. "Emma receives absolutely no tax or monetary advantages from this offshore company whatsoever — only privacy.”
This post was edited on 5/11/16 at 2:51 am
11
Posted on 5/11/16 at 3:34 am to Jim Rockford
Yeah. Where have you been? Doesn't really seem fishy, as having an offshore account doesn't necessarily mean you are doing something shady. I think a couple other celebs have been named as well.
Posted on 5/11/16 at 3:48 am to Jim Rockford
Screw you pal. Emma Watson thread and no pics? 
Posted on 5/11/16 at 5:48 am to Froman
quote:
Doesn't really seem fishy, as having an offshore account doesn't necessarily mean you are doing something shady.
Yeah and where have you been? If you think these aren't set up for tax havens you are pretty naive.
Posted on 5/11/16 at 5:51 am to Jim Rockford
I would be shocked if she wasn't doing her full part to support British Socialism 
Posted on 5/11/16 at 6:34 am to Froman
That was basically this law firms sole purpose.
Posted on 5/11/16 at 6:45 am to Jim Rockford
Unless its illegal, I have no problem with this. Even if it is a raging feminist.
Posted on 5/11/16 at 6:50 am to Martini
quote:
If you think these aren't set up for tax havens you are pretty naive.
It's not illegal.
I don't blame people for taking legal means to avoid inefficient, over burdensome, and unjust tax systems.
Posted on 5/11/16 at 7:14 am to Antonio Moss
quote:
I don't blame people for taking legal means to avoid inefficient, over burdensome, and unjust tax systems.
This.
Posted on 5/11/16 at 7:20 am to Antonio Moss
quote:I wouldn't care if it were illegal. I don't blame people for taking any means to avoid inefficient, over burdensome, and unjust tax systems. Save as much as you can. Cheat on your taxes. All for it.
It's not illegal.
I don't blame people for taking legal means to avoid inefficient, over burdensome, and unjust tax systems
But I do have a problem with people who speak ill of "the rich", praise socialism, and repeat the "pay your fair share" mantra using methods such as these. They're hypocrites.
Posted on 5/11/16 at 7:34 am to Jim Rockford
She needs to do 3 cycles of free-bleeding as penance for her transgression.
Posted on 5/11/16 at 7:37 am to Jim Rockford
(no message)
This post was edited on 5/11/16 at 7:42 am
Posted on 5/11/16 at 7:38 am to Jim Rockford
Why should I care about this?
Posted on 5/11/16 at 8:36 am to SG_Geaux
quote:
Why should I care about this?
Because the news wants us to believe that a 26 year old British chick tried to game the system by hiding assets. You know, because she walked into her financial advisers office and said "I want to hide money offshore."
It's so stupid. There are real pieces of shite that are hiding assets, but Emma Watson isn't likely to be the one that came up with, and implemented the plan. I'm not saying she's not smart enough to do so, only that it's unlikely.
Posted on 5/11/16 at 8:39 am to Martini
quote:
Yeah and where have you been? If you think these aren't set up for tax havens you are pretty naive.
Explain. I set up Cayman Islands and other offshore jurisdictions entities all the time for clients.
Posted on 5/11/16 at 8:43 am to Jim Rockford
quote:
"Emma (like many high-profile individuals) set up an offshore company for the sole purpose of protecting her anonymity and safety," said a statement issued by her representatives Tuesday. "Emma receives absolutely no tax or monetary advantages from this offshore company whatsoever — only privacy.”
Yeah, ok
Posted on 5/11/16 at 8:44 am to upgrayedd
quote:
Yeah, ok
So what are the tax and monetary advantages? I'm curious. It's thrown around as common knowledge so much that there are some. What are they?
Posted on 5/11/16 at 8:47 am to Mo Jeaux
My company's bank (fairly large - out of New York) does a daily cash sweep to another bank in the Cayman Islands for interest income purposes. We only receive a small amount of interest income.
What is the bank's purpose for using this Cayman Islands account? Are they earning better interest than if it was kept in the US?
What is the bank's purpose for using this Cayman Islands account? Are they earning better interest than if it was kept in the US?
Posted on 5/11/16 at 8:48 am to litenin
You work there. Tell me.
Posted on 5/11/16 at 8:48 am to Antonio Moss
quote:
quote:
If you think these aren't set up for tax havens you are pretty naive.
It's not illegal.
I don't blame people for taking legal means to avoid inefficient, over burdensome, and unjust tax systems.
This is spades.
Oh, and this.....
This post was edited on 5/11/16 at 8:52 am
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