11-05-2017, 01:31 PM
|
#1
|
Not Taylor
Join Date: Dec 2009
Location: Calgary SW
|
The Paradise Papers
|
|
|
11-05-2017, 02:09 PM
|
#2
|
Franchise Player
|
cbc.ca picking up the story.
http://www.cbc.ca/news/business/step...pers-1.4382511
Quote:
In the early summer of 2015, Justin Trudeau was the star attraction at a private fundraiser in Montreal hosted by philanthropist and financier Stephen Bronfman.
Bronfman, an heir to the Seagram family fortune and a close Trudeau family friend, was revenue chair of the Liberal Party. That day, according to news reports, the two men raised $250,000 in under two hours.
Within weeks, the Liberals would launch their federal election campaign, sweeping to power on a "Real Change" platform that focused on the middle class and a promise to tax the rich.
"Our government has long known indeed, we got elected on a promise to make sure that people were paying their fair share of taxes," Trudeau said shortly after his election victory. "Tax avoidance, tax evasion is something we take very seriously."
|
I think this is the key part. (bolded for emphasis)
Quote:
Offshore trusts can be perfectly legal. They are not subject to Canadian law so long as they meet certain conditions.
And for the Canada Revenue Agency, the most important rule for offshore trusts is that they really did have to be offshore that's where the decisions, the so-called "mind and management," had to be made.
Yet the Paradise Papers which contain more than 5,000 documents from the Kolber Trust file alone reveal numerous examples where decisions were made and approved not in the Caymans, but in Canada.
There are memos seeking the "approval," "authorization" and "written confirmation" for business decisions from Montreal-based investment manager and accountant Don Chazan. The Paradise Papers also show there are phone calls and meetings in Montreal between Chazan and Jonathan Kolber.
|
__________________
"OOOOOOHHHHHHH those Russians" - Boney M
|
|
|
11-05-2017, 02:54 PM
|
#3
|
Franchise Player
Join Date: Mar 2002
Location: Auckland, NZ
|
Trump's Commerce Secretary, Wilbur Ross, exposed by the Paradise Papers to have Russian connections through business:
Paradise Papers: Leaks Show Wilbur Ross Hid Ties to Putin Cronies
https://www.nbcnews.com/politics/pol...ronies-n817711
|
|
|
11-05-2017, 03:04 PM
|
#4
|
Franchise Player
Join Date: Jan 2010
Location: Calgary
|
It is much more politically productive and sexy to call those engineers making $150K/yr salary rich and grab 40% of it in taxes in the name of equality for middle class and working poor. Letting your billionaire party buddies transfer billions to off-shore trusts and evade billions in due taxes is quite OK. I am tempted to say "that's what Liberals are all about", but that wouldn't be true. That's what all politicians are all about regardless of the their chosen party colours or country of origin.
__________________
"An idea is always a generalization, and generalization is a property of thinking. To generalize means to think." Georg Hegel
To generalize is to be an idiot. William Blake
|
|
|
The Following 10 Users Say Thank You to CaptainYooh For This Useful Post:
|
|
11-05-2017, 03:34 PM
|
#5
|
Franchise Player
|
Sure Captain Yooh, but i'm most willing to deman accountability from the trust fund baby who campaigned on taxing those who cheat the system.
If what is stated in the article is true - that the legal parameters of offshore investing were broken - then Trudeau has to go after this.
But somehow he won't. And somehow it will be the fault of Ft McMurray
__________________
"OOOOOOHHHHHHH those Russians" - Boney M
|
|
|
The Following User Says Thank You to killer_carlson For This Useful Post:
|
|
11-05-2017, 04:02 PM
|
#6
|
Franchise Player
Join Date: Jan 2010
Location: Calgary
|
Quote:
Originally Posted by killer_carlson
Sure Captain Yooh, but i'm most willing to deman accountability from the trust fund baby who campaigned on taxing those who cheat the system.
If what is stated in the article is true - that the legal parameters of offshore investing were broken - then Trudeau has to go after this.
But somehow he won't. And somehow it will be the fault of Ft McMurray
|
I recall reading somewhere that Bronfmans' $2B tax-free off-shore trust transfer was initially approved by Mulroney when the hints of the proposed legislation prohibiting these kinds of transfer tax-free started to surface. Chretien and Martin approved the transfer literally days before enacting this legislation saving their buddy Bronfman over $700M in taxes.
__________________
"An idea is always a generalization, and generalization is a property of thinking. To generalize means to think." Georg Hegel
To generalize is to be an idiot. William Blake
|
|
|
11-05-2017, 04:12 PM
|
#7
|
Franchise Player
Join Date: Mar 2006
Location: Victoria
|
Quote:
Originally Posted by killer_carlson
But somehow he won't. And somehow it will be the fault of Ft McMurray
|
What?
|
|
|
11-05-2017, 05:04 PM
|
#8
|
Franchise Player
|
Quote:
Originally Posted by rubecube
What?
|
Perhaps you're oblivious to the fact that all Trudeau ills are cured by destroying the oil industry.
Until Kenney's threats become more serious and Trudeau starts panicking
__________________
"OOOOOOHHHHHHH those Russians" - Boney M
|
|
|
11-07-2017, 12:31 PM
|
#9
|
Franchise Player
|
in a week this will be forgotten as theer will be something new.
these politicos take care of their own, and the CRA will chase down the average tax payers for $200, they guy who should rightfully pay $200 million gets away wihout paying
__________________
If I do not come back avenge my death
|
|
|
Thread Tools |
Search this Thread |
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -6. The time now is 07:47 PM.
|
|