^^^ Maybe they are looking deeply into this, and giving fair warning to the people they know to move money elsewhere, then they shall be omitted from the papers.
An advantage to the US offshore accounts, those that are actually in the USA.
Topic: What you need to know about the Panama Papers - page 2. (Read 7449 times)
http://www.cnet.com/news/panama-papers-part-2-the-worlds-dirty-laundry-becomes-searchable/
Panama Papers Part 2: The world's dirty laundry becomes searchable
The first round of leaked documents brought the murky financial practices of the world's elite to light. Now the "largest ever" release of secret corporate information will be searchable.
Saw some talk that freaked me out about every ones taxes being online for people to see and search through.
Forget which Country has done this and they had some real positive things come out of it but it would be nuts having a neighbor turn you in for moonlighting or not reporting something.
Making this data base searchable(Panama Papers) is going to be interesting as people will get put to the fire as more people take interest.
Panama Papers Part 2: The world's dirty laundry becomes searchable
The first round of leaked documents brought the murky financial practices of the world's elite to light. Now the "largest ever" release of secret corporate information will be searchable.
Quote
It might be too early for the world's rich and powerful to put their lawyers back in storage, with news that the world is about to see round two of the Panama Papers. And this time, they'll be searchable.
The Panama Papers label refers to more than 11 million legal and financial records of the world's power elite taken from Panama-based law firm Mossack Fonseca.
The International Consortium of Investigative Journalists, a German newspaper and other news groups spent more than a year sifting through these records, and earlier this month published documents exposing the tax shelters of 140 politicians and public figures, including Russian President Vladimir Putin, Icelandic government officials and beleaguered soccer organization FIFA.
Now the ICIJ has announced that it will be dumping a second batch of documents regarding hundreds of thousands of offshore entities as part of its ongoing Panama Papers investigation.
The new raft of documents will be released on May 9, with basic corporate information on more than 200,000 offshore entities made available in a searchable database.
While the ICIJ says round two won't include a "data dump" of the original documents or the large-scale release of personal data, it has said the next phase "will likely be the largest ever release of secret offshore companies and the people behind them."
The Panama Papers label refers to more than 11 million legal and financial records of the world's power elite taken from Panama-based law firm Mossack Fonseca.
The International Consortium of Investigative Journalists, a German newspaper and other news groups spent more than a year sifting through these records, and earlier this month published documents exposing the tax shelters of 140 politicians and public figures, including Russian President Vladimir Putin, Icelandic government officials and beleaguered soccer organization FIFA.
Now the ICIJ has announced that it will be dumping a second batch of documents regarding hundreds of thousands of offshore entities as part of its ongoing Panama Papers investigation.
The new raft of documents will be released on May 9, with basic corporate information on more than 200,000 offshore entities made available in a searchable database.
While the ICIJ says round two won't include a "data dump" of the original documents or the large-scale release of personal data, it has said the next phase "will likely be the largest ever release of secret offshore companies and the people behind them."
Saw some talk that freaked me out about every ones taxes being online for people to see and search through.
Forget which Country has done this and they had some real positive things come out of it but it would be nuts having a neighbor turn you in for moonlighting or not reporting something.
Making this data base searchable(Panama Papers) is going to be interesting as people will get put to the fire as more people take interest.
Panama Papers: US launches criminal inquiry into tax avoidance claims
The US Department of Justice has launched a criminal investigation into the widespread international tax avoidance schemes exposed by the Panama Papers leak, published by the Guardian and other journalistic partners.
Preet Bharara, the US attorney for Manhattan, said he had “opened a criminal investigation regarding matters to which the Panama Papers are relevant”.
Bharara has written to the International Consortium of Investigative Journalists (ICIJ), which coordinated the unprecedented leak of 11.5m files from offshore law firm Mossack Fonseca, to ask for further information to assist with his criminal investigation.
The inquiry comes after Barack Obama described the revelations from the leaks – which have caused political tumult across the world – “important stuff” and global tax avoidance as a “huge problem”.
“There is no doubt that the problem of global tax avoidance generally is a huge problem,” Obama told reporters in an unscheduled appearance in the White House briefing room earlier this month. “The problem is that a lot of this stuff is legal, not illegal.
Read more: http://www.theguardian.com/business/2016/apr/19/panama-papers-us-justice-department-investigation-tax-avoidance
The US Department of Justice has launched a criminal investigation into the widespread international tax avoidance schemes exposed by the Panama Papers leak, published by the Guardian and other journalistic partners.
Preet Bharara, the US attorney for Manhattan, said he had “opened a criminal investigation regarding matters to which the Panama Papers are relevant”.
Bharara has written to the International Consortium of Investigative Journalists (ICIJ), which coordinated the unprecedented leak of 11.5m files from offshore law firm Mossack Fonseca, to ask for further information to assist with his criminal investigation.
The inquiry comes after Barack Obama described the revelations from the leaks – which have caused political tumult across the world – “important stuff” and global tax avoidance as a “huge problem”.
“There is no doubt that the problem of global tax avoidance generally is a huge problem,” Obama told reporters in an unscheduled appearance in the White House briefing room earlier this month. “The problem is that a lot of this stuff is legal, not illegal.
Read more: http://www.theguardian.com/business/2016/apr/19/panama-papers-us-justice-department-investigation-tax-avoidance
Canada is assigning 440 million to track down 2.6 billion in tax shelters. The problem with that is the rich always have a choice to pay without penalty and get a slap on the wrist well the average joe gets his bank account locked,daily phone calls and wages docked. So its a waste of money if they continue in that pattern,which I do not see changing any time soon.
IRS Urges Americans: Come Clean Now, Before We Read Panama Papers
http://www.nbcnews.com/storyline/panama-papers/irs-urges-americans-come-clean-now-we-read-panama-papers-n557246
Two global meetings have been held and I did not see any news on that at all! Nothing like getting all on the same page to make sure the public some how ends up getting raped over a issue they created.
Thats normal media for you lol.
And its possible that the media network owners are also probably linked since its within the top 1% of people in america and other countries as well.
Also no ones going to come forward, honestly. The law firms job is to solely protect the identity from the true owner or they lose business.. they have technical experts as mentioned that removed all the e-files so the us district attorneys cant touch them to even start a motion.
IRS Urges Americans: Come Clean Now, Before We Read Panama Papers
http://www.nbcnews.com/storyline/panama-papers/irs-urges-americans-come-clean-now-we-read-panama-papers-n557246
Two global meetings have been held and I did not see any news on that at all! Nothing like getting all on the same page to make sure the public some how ends up getting raped over a issue they created.
So they raided the place and thats the last I ever head about this issue,did anything come of it or is it all being hushed up through the raid?
We are in the cycle of the rich separating from the poor at a large percentage,so their money influences government more than any movement to correct things could ever do. With the middle class stagnant or retracting we will most likely see more tax dodging in the future from the rich. A lot of people do not realize how much any one making over $220K a year is getting taxed,or should be taxed! The loop holes are plentiful and most new bills to close loops are only to strangle the working class.
If people paid roughly the 48%-52% tax over 220K here in Canada without using all the tricks of the trade we would be looking at a health economy.
If people paid roughly the 48%-52% tax over 220K here in Canada without using all the tricks of the trade we would be looking at a health economy.
A big point of all this is that people are free.
You have people in governments using their freedom by attempting to make money off people not in government.
You have people not in government using their freedom by attempting to make money off anybody.
Anyone can do the Panama Papers thing. He can do it personally by studying and joining together with one or more knowledgeable like minded people. Or he can use funds he already has to buy a setup for himself from companies like Mossack Fonseca.
One of the best setups around is NOT offshore. It is right in the United States. It is based on a couple of basic tenets of freedom found in the 1st Amendment to the Constitution... freedom of speech, and freedom of religion.
Any two people can get together and form a church. Because of the 1st Amendment (which is backed by basic English and American common law), a church has a wide range of freedoms that the government can't attack successfully... if the people know what they are doing.
One of the biggest church freedoms is freedom from income taxes. If the church is run properly, it is excluded from the IRS altogether. If the people running the church know a little about common law, they can repel even the strongest IRS attacks against their church with ease. See http://www.theultimateinassetprotection.com/?ref=SWC for some basics about a sure way to do this.
The amazing thing is that people have been trained into thinking that starting a church for protecting one's self or family from government operated racketeering is wrong. Government continually dumbs-down people in their training in school so that they are ripe for the picking.
The various religions help to keep people ignorant of the financial protection available to them through a church. The simple, everyday religious leaders are honest enough in what they are doing. Yet, all but a few of them realize how powerful freedom of religion is in the States. So, they make the setting up of one's affairs as a church to look like it is a bad thing.
From http://www.theultimateinassetprotection.com/taxlaw/:
Someone has twisted the minds of the people in the local churches to make their church an exempt corporation under IRS scrutiny rather than an excepted organization completely outside of IRS control.
Time for people to take up their freedom and form their own church so that they don't have to go offshore to protect their assets.
You have people in governments using their freedom by attempting to make money off people not in government.
You have people not in government using their freedom by attempting to make money off anybody.
Anyone can do the Panama Papers thing. He can do it personally by studying and joining together with one or more knowledgeable like minded people. Or he can use funds he already has to buy a setup for himself from companies like Mossack Fonseca.
One of the best setups around is NOT offshore. It is right in the United States. It is based on a couple of basic tenets of freedom found in the 1st Amendment to the Constitution... freedom of speech, and freedom of religion.
Any two people can get together and form a church. Because of the 1st Amendment (which is backed by basic English and American common law), a church has a wide range of freedoms that the government can't attack successfully... if the people know what they are doing.
One of the biggest church freedoms is freedom from income taxes. If the church is run properly, it is excluded from the IRS altogether. If the people running the church know a little about common law, they can repel even the strongest IRS attacks against their church with ease. See http://www.theultimateinassetprotection.com/?ref=SWC for some basics about a sure way to do this.
The amazing thing is that people have been trained into thinking that starting a church for protecting one's self or family from government operated racketeering is wrong. Government continually dumbs-down people in their training in school so that they are ripe for the picking.
The various religions help to keep people ignorant of the financial protection available to them through a church. The simple, everyday religious leaders are honest enough in what they are doing. Yet, all but a few of them realize how powerful freedom of religion is in the States. So, they make the setting up of one's affairs as a church to look like it is a bad thing.
From http://www.theultimateinassetprotection.com/taxlaw/:
... instead of asking the IRS’ permission to be a church (as you would with a 1023 application to obtain 501(c)(3) status), you declare the existence of your church under IRC 508(a).
In other words, if your church becomes a 501(c)(3) tax exempt organization, it isn't a church. It is a corporation or other entity. If it is a 508(c)(1)(A) organization, it can be a church, and is an "excepted" organization outside of IRS control.Someone has twisted the minds of the people in the local churches to make their church an exempt corporation under IRS scrutiny rather than an excepted organization completely outside of IRS control.
Time for people to take up their freedom and form their own church so that they don't have to go offshore to protect their assets.
Ofcourse CIA is behind Panama Papers like Wikileaks Papers in past.
Is owning an offshore bank account illegal?
Not more illegal than using bitcoin mixer.By the way,
https://www.rt.com/uk/339333-used-david-cameron-ebay/
Quote
Listed in the ‘statues and ornaments’ section, “David Cameron” had a ‘Buy Now’ price of £65,900 (US$94,000) before the ad was removed from the site Tuesday.
That’s a steep cost for a “used” item described as being sold “for parts or not working” and “no longer needed.”
That’s a steep cost for a “used” item described as being sold “for parts or not working” and “no longer needed.”
Made me chuckle. Seems way too overpriced for a washed-out politician like Dodgy Dave, maybe it included postage and packaging.
Panama raided the company now, cover up or more to come! Should be interesting.
I know that I'm not involved.
Really, it's a shame that something like this was going on for years and that politicians and other high ranked persons were robbering their countries and their people. And what punishment will they get? Probably none.
Really, it's a shame that something like this was going on for years and that politicians and other high ranked persons were robbering their countries and their people. And what punishment will they get? Probably none.
This is much bigger and more wide ranging. It´ll be extremely difficult to defraud this off the table. Millions of documents. It´s bribes, tax evasion, criminality.
I think someone said this exact same thing back there.
This is much bigger and more wide ranging. It´ll be extremely difficult to defraud this off the table. Millions of documents. It´s bribes, tax evasion, criminality.
Does seem to point more towards the States, also see the full papers are not going to be available. Potentially meaning backs are being scratched. Find it interesting that Putin in a sense saw this coming.
CIA and George Soros have their hand in this for sure. Wouldn´t be surprised if they already have tons more which they´ll leak gradually.
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