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GeneralRe: Yay! Pin
Argonia24-Jan-13 5:11
memberArgonia24-Jan-13 5:11 
GeneralRe: Yay! Pin
The Reincarnation24-Jan-13 5:15
memberThe Reincarnation24-Jan-13 5:15 
GeneralRe: Yay! Pin
wout de zeeuw24-Jan-13 5:19
memberwout de zeeuw24-Jan-13 5:19 
GeneralRe: Yay! Pin
Keith Barrow24-Jan-13 5:44
mentorKeith Barrow24-Jan-13 5:44 
GeneralRe: Yay! Pin
wout de zeeuw24-Jan-13 5:54
memberwout de zeeuw24-Jan-13 5:54 
GeneralRe: Yay! Pin
OriginalGriff24-Jan-13 6:07
mvpOriginalGriff24-Jan-13 6:07 
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 
GeneralRe: Jeff Dean - The Chuck Norris of Software Engineers Pin
ahmed zahmed24-Jan-13 6:03
memberahmed zahmed24-Jan-13 6:03 
GeneralBest 404? Pin
The Reincarnation24-Jan-13 2:48
memberThe Reincarnation24-Jan-13 2:48 
GeneralRe: Best 404? Pin
Chris Meech24-Jan-13 2:53
memberChris Meech24-Jan-13 2:53 
GeneralRe: Best 404? Pin
tgrt24-Jan-13 3:20
membertgrt24-Jan-13 3:20 
GeneralRe: Best 404? Pin
David Goebet24-Jan-13 3:35
memberDavid Goebet24-Jan-13 3:35 
GeneralRe: Best 404? Pin
0bx24-Jan-13 3:35
member0bx24-Jan-13 3:35 
JokeRe: Best 404? Pin
Rutvik Dave24-Jan-13 3:52
memberRutvik Dave24-Jan-13 3:52 
GeneralRe: Best 404? Pin
kmoorevs24-Jan-13 6:58
memberkmoorevs24-Jan-13 6:58 
GeneralRe: Best 404? Pin
PIEBALDconsult24-Jan-13 8:03
memberPIEBALDconsult24-Jan-13 8:03 
GeneralRe: Best 404? Pin
Marco Alessandro Bertschi26-Jan-13 2:16
memberMarco Alessandro Bertschi26-Jan-13 2:16 
GeneralRe: Best 404? Pin
PIEBALDconsult26-Jan-13 5:34
memberPIEBALDconsult26-Jan-13 5:34 
GeneralRe: Best 404? Pin
Marco Alessandro Bertschi26-Jan-13 5:35
memberMarco Alessandro Bertschi26-Jan-13 5:35 
GeneralRe: Best 404? Pin
Fred Flams24-Jan-13 22:35
memberFred Flams24-Jan-13 22:35 
QuestionRe: Best 404? Pin
w-peuker24-Jan-13 23:25
memberw-peuker24-Jan-13 23:25 
GeneralRe: Best 404? Pin
si61828-Jan-13 15:11
membersi61828-Jan-13 15:11 
GeneralRe: Best 404? Pin
danataylor29-Jan-13 4:20
memberdanataylor29-Jan-13 4:20 
GeneralBloody Yanks hate being second at anything! Pin
Dalek Dave24-Jan-13 2:42
memberDalek Dave24-Jan-13 2:42 
GeneralRe: Bloody Yanks hate being second at anything! Pin
Mark_Wallace24-Jan-13 2:59
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GeneralRe: Bloody Yanks hate being second at anything! Pin
Dalek Dave24-Jan-13 4:01
memberDalek Dave24-Jan-13 4:01 

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