Click here to Skip to main content
13,293,474 members (54,567 online)

Welcome to the Lounge

   

For discussing anything related to a software developer's life. Technical discussions are encouraged, but click here to ask your programming questions.

The Lounge is rated PG. If you're about to post something you wouldn't want your kid sister to read then don't post it. No flame wars, no abusive conduct, no programming questions and please don't post ads.
 
GeneralRe: Yay! Pin
Keith Barrow24-Jan-13 6:38
mentorKeith Barrow24-Jan-13 6:38 
GeneralRe: Yay! Pin
Roger Wright24-Jan-13 6:32
memberRoger Wright24-Jan-13 6:32 
AnswerRe: Yay! Pin
S Houghtelin24-Jan-13 6:20
memberS Houghtelin24-Jan-13 6:20 
General£1000 for a cooling fan? WTF! Pin
Chris Quinn24-Jan-13 3:41
memberChris Quinn24-Jan-13 3:41 
GeneralRe: £1000 for a cooling fan? WTF! Pin
Dalek Dave24-Jan-13 4:04
memberDalek Dave24-Jan-13 4:04 
GeneralRe: £1000 for a cooling fan? WTF! Pin
Nagy Vilmos24-Jan-13 4:06
memberNagy Vilmos24-Jan-13 4:06 
GeneralRe: £1000 for a cooling fan? WTF! Pin
Dalek Dave24-Jan-13 4:07
memberDalek Dave24-Jan-13 4:07 
GeneralRe: £1000 for a cooling fan? WTF! Pin
Rage24-Jan-13 6:05
memberRage24-Jan-13 6:05 
It is a bit more complicated. Let's say Company 1 and 2 are in the same holding.
Company 1, in Bahamas, buys a 1€ fan and sells it for 1000€. They make a 999€ profit, which is not taxed (remember, Bahamas).
Company 2, in France, buys a 1000€ fan, which it can resell for, let's say, 5€. This company makes a 995€ loss, on which it does not pay taxes.
The holding, on this transaction, makes a -1-1000+1000+5 = 4€ tax-free profit. Scale that to 1 million fans, and you have made a 4 million profit without paying any tax.

This is how tax havens work.
~RaGE();

I think words like 'destiny' are a way of trying to find order where none exists. - Christian Graus
Do not feed the troll ! - Common proverb


GeneralRe: £1000 for a cooling fan? WTF! Pin
jschell24-Jan-13 10:00
memberjschell24-Jan-13 10:00 
GeneralRe: £1000 for a cooling fan? WTF! Pin
The Reincarnation24-Jan-13 4:30
memberThe Reincarnation24-Jan-13 4:30 
GeneralRe: £1000 for a cooling fan? WTF! Pin
Simon_Whale24-Jan-13 4:07
memberSimon_Whale24-Jan-13 4:07 
GeneralRe: £1000 for a cooling fan? WTF! Pin
Dalek Dave24-Jan-13 4:08
memberDalek Dave24-Jan-13 4:08 
GeneralRe: £1000 for a cooling fan? WTF! Pin
Mark_Wallace24-Jan-13 4:30
memberMark_Wallace24-Jan-13 4:30 
GeneralRe: £1000 for a cooling fan? WTF! Pin
Dalek Dave24-Jan-13 4:32
memberDalek Dave24-Jan-13 4:32 
GeneralRe: £1000 for a cooling fan? WTF! Pin
Chris Quinn24-Jan-13 4:21
memberChris Quinn24-Jan-13 4:21 
GeneralRe: £1000 for a cooling fan? WTF! Pin
Mark_Wallace24-Jan-13 4:19
memberMark_Wallace24-Jan-13 4:19 
GeneralRe: £1000 for a cooling fan? WTF! Pin
derek999924-Jan-13 4:29
memberderek999924-Jan-13 4:29 
NewsOh, those crazy Frenchies: Facebook faces family photo tax in France Pin
Rhys Gravell24-Jan-13 3:13
memberRhys Gravell24-Jan-13 3:13 
GeneralRe: Oh, those crazy Frenchies: Facebook faces family photo tax in France Pin
Dalek Dave24-Jan-13 4:07
memberDalek Dave24-Jan-13 4:07 
GeneralRe: Oh, those crazy Frenchies: Facebook faces family photo tax in France Pin
The Reincarnation24-Jan-13 4:17
memberThe Reincarnation24-Jan-13 4:17 
GeneralRe: Oh, those crazy Frenchies: Facebook faces family photo tax in France Pin
PIEBALDconsult24-Jan-13 5:53
memberPIEBALDconsult24-Jan-13 5:53 
GeneralRe: Oh, those crazy Frenchies: Facebook faces family photo tax in France Pin
GeekBond 24-Jan-13 6:23
member GeekBond 24-Jan-13 6:23 
GeneralRe: Oh, those crazy Frenchies: Facebook faces family photo tax in France Pin
Gary Wheeler24-Jan-13 8:09
memberGary Wheeler24-Jan-13 8:09 
GeneralRe: Oh, those crazy Frenchies: Facebook faces family photo tax in France Pin
Steve Mayfield24-Jan-13 8:58
memberSteve Mayfield24-Jan-13 8:58 
GeneralJeff Dean - The Chuck Norris of Software Engineers Pin
The Reincarnation24-Jan-13 2:57
memberThe Reincarnation24-Jan-13 2:57 

General General    News News    Suggestion Suggestion    Question Question    Bug Bug    Answer Answer    Joke Joke    Praise Praise    Rant Rant    Admin Admin   

Use Ctrl+Left/Right to switch messages, Ctrl+Up/Down to switch threads, Ctrl+Shift+Left/Right to switch pages.


Advertise | Privacy |
Web03 | 2.8.171207.1 | Last Updated 13 Dec 2017
Copyright © CodeProject, 1999-2017
All Rights Reserved. Terms of Service
Layout: fixed | fluid