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The Brexit Thread (LOCKED)


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matt_himself Flag Matataland 06 Jul 17 4.44pm

Originally posted by europalace

The Panama papers talk about several countries but again. Malta is a small country, so easy point a finger at but at the end of the day every country including the UK has 'allegations' against it. What is true though is that Malta's economy has always been good, even in times of recession such as 2008-2012.

With regards to tax avoidance you mentioned earlier, are you sure you know what that term means? Millions of people in the UK use tax avoidance methods such as putting money into pension plans instead of regular investments, diverting £billions away from the treasury each year. People also use accountants and financial advisers to avoid paying tax in a myriad of other areas such as BTL properties, company cars and other assets for the self employed etc.

I know it won't make your attempted case better but I'm not Maltese, sorry to disappoint you. You also need to learn the difference between tax avoidance and tax evasion - big difference that you seem not to understand.

Edited by europalace (06 Jul 2017 3.48pm)

So your answer is lots of countries do it and you finish with a classic 'I am beaten but will try and make the other guy look stupid' deflection?

The line about you not being Maltese is laughable, given your posts in how great Malta is compared to the UK. You now drop your allegiance to Malta because you don't have the ability to defend against these allegations? How fickle.

 


"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02

europalace Flag Europe 06 Jul 17 5.20pm

Originally posted by matt_himself

So your answer is lots of countries do it and you finish with a classic 'I am beaten but will try and make the other guy look stupid' deflection?

The line about you not being Maltese is laughable, given your posts in how great Malta is compared to the UK. You now drop your allegiance to Malta because you don't have the ability to defend against these allegations? How fickle.

Wow, you seem to be a classic keyboard warrior looking for a punch up. Well, sorry to disappoint you but I've got a very nice life and no time for people who are clearly jealous of that like yourself. I detected from your original reply that you were fishing for an argument. Well you won't get one from me. Unlike yourself, I actually live or have lived in the countries I comment on, while all you have as information is the media.

You decided to denigrate a country that you have little or no knowledge about and clearly were aiming at me as a national of that country. Well, I'm not as I stated and that's clearly burst your balloon. Tough titties for you. You are clearly frustrated by the mire your own country has put itself in.

You should also go on a finance 101 course as you clearly don't even understand the difference between tax avoidance and tax evasion.

Looks like your fishing expedition has ended up with you losing all of your gear because you didn't know how to use it. How does the saying go in the UK, 'all the gear and no idea'!

Edited by europalace (06 Jul 2017 5.22pm)

 

steeleye20 Flag Croydon 06 Jul 17 5.26pm

Originally posted by europalace

Wow, you seem to be a classic keyboard warrior looking for a punch up. Well, sorry to disappoint you but I've got a very nice life and no time for people who are clearly jealous of that like yourself. I detected from your original reply that you were fishing for an argument. Well you won't get one from me. Unlike yourself, I actually live or have lived in the countries I comment on, while all you have as information is the media.

You decided to denigrate a country that you have little or no knowledge about and clearly were aiming at me as a national of that country. Well, I'm not as I stated and that's clearly burst your balloon. Tough titties for you. You are clearly frustrated by the mire your own country has put itself in.

You should also go on a finance 101 course as you clearly don't even understand the difference between tax avoidance and tax evasion.

Looks like your fishing expedition has ended up with you losing all of your gear because you didn't know how to use it. How does the saying go in the UK, 'all the gear and no idea'!

Edited by europalace (06 Jul 2017 5.22pm)

Well M that is deserved I think Euro knows if he is maltese or not.

Does that make him a malteser ????

 

europalace Flag Europe 06 Jul 17 5.31pm

Originally posted by steeleye20

Well M that is deserved I think Euro knows if he is maltese or not.

Does that make him a malteser ????

Even on this little island most understand what the effects of QE are and yet this guy who starts fishing doesn't even know and catches something that bites his hand off and swallows all of his gear. A classic brexiteer, clueless about anything in a 'foreign' country.

 

matt_himself Flag Matataland 06 Jul 17 5.35pm

Originally posted by europalace

Wow, you seem to be a classic keyboard warrior looking for a punch up. Well, sorry to disappoint you but I've got a very nice life and no time for people who are clearly jealous of that like yourself. I detected from your original reply that you were fishing for an argument. Well you won't get one from me. Unlike yourself, I actually live or have lived in the countries I comment on, while all you have as information is the media.

You decided to denigrate a country that you have little or no knowledge about and clearly were aiming at me as a national of that country. Well, I'm not as I stated and that's clearly burst your balloon. Tough titties for you. You are clearly frustrated by the mire your own country has put itself in.

You should also go on a finance 101 course as you clearly don't even understand the difference between tax avoidance and tax evasion.

Looks like your fishing expedition has ended up with you losing all of your gear because you didn't know how to use it. How does the saying go in the UK, 'all the gear and no idea'!

Edited by europalace (06 Jul 2017 5.22pm)

You have a massive chip on your shoulder and cannot back up your statements with fact.

 


"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02

matt_himself Flag Matataland 06 Jul 17 5.36pm

Originally posted by steeleye20

Well M that is deserved I think Euro knows if he is maltese or not.

Does that make him a malteser ????

What on earth are you talking about?

 


"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02

steeleye20 Flag Croydon 06 Jul 17 5.38pm

Originally posted by matt_himself

What on earth are you talking about?


 

europalace Flag Europe 06 Jul 17 5.55pm

Originally posted by matt_himself

You have a massive chip on your shoulder and cannot back up your statements with fact.

You have been shown to be clueless, your comments about a country you've probably never even visited let alone lived in. Look, you're making yourself look very naive, I suggest you comment on a subject you may know even a little about, if that's at all possible.

Candy taken from baby, nothing else left of interest.


Edited by europalace (06 Jul 2017 5.56pm)

 

matt_himself Flag Matataland 06 Jul 17 6.31pm

Originally posted by europalace

You have been shown to be clueless, your comments about a country you've probably never even visited let alone lived in. Look, you're making yourself look very naive, I suggest you comment on a subject you may know even a little about, if that's at all possible.

Candy taken from baby, nothing else left of interest.


Edited by europalace (06 Jul 2017 5.56pm)

I posted articles from websites stating that the members of EU were concerned that Malta was a tax haven.

You are in denial.

 


"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02

europalace Flag Europe 06 Jul 17 6.50pm

Originally posted by matt_himself

I posted articles from websites stating that the members of EU were concerned that Malta was a tax haven.

You are in denial.

Posting links in isolation is a classic sign of no knowledge on the subject. Malta fully complies with the EU financial and banking directives. Those pointing fingers have high corporation tax rates and are fighting to get elected in countries such as Germany. As you say, there are 'concerns' but no facts. I rest my case and your search for a fight is a fruitless exercise. Go and live in a country before commenting on it to someone who already lives there.

 

matt_himself Flag Matataland 06 Jul 17 7.01pm

Originally posted by europalace

Posting links in isolation is a classic sign of no knowledge on the subject. Malta fully complies with the EU financial and banking directives. Those pointing fingers have high corporation tax rates and are fighting to get elected in countries such as Germany. As you say, there are 'concerns' but no facts. I rest my case and your search for a fight is a fruitless exercise. Go and live in a country before commenting on it to someone who already lives there.

So what you are saying is that because you live in Malta, you have intimate access to all financial transactions made in or through the country and can confirm, because you live there, that it isn't a tax haven?

Your argument is ridiculous.

 


"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02

europalace Flag Europe 06 Jul 17 7.21pm

Originally posted by matt_himself

So what you are saying is that because you live in Malta, you have intimate access to all financial transactions made in or through the country and can confirm, because you live there, that it isn't a tax haven?

Your argument is ridiculous.

Yep, everyone living in Malta is fleecing the tax man and living on big yachts. There you are, just what you wanted to hear.

 

matt_himself Flag Matataland 06 Jul 17 7.22pm

Originally posted by europalace

Yep, everyone living in Malta is fleecing the tax man and living on big yachts. There you are, just what you wanted to hear.

I didn't say that and you have properly lost it.

 


"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02

Southampton_Eagle Flag At the after party 06 Jul 17 7.25pm

Have we voted yet?

 

steeleye20 Flag Croydon 06 Jul 17 8.03pm

Originally posted by europalace

Yep, everyone living in Malta is fleecing the tax man and living on big yachts. There you are, just what you wanted to hear.

As a crypto-communist I don't have much time for living on big yachts but just in case I have to suffer are there any going spare??????

 

davenotamonkey Flag 07 Jul 17 12.09am

Originally posted by europalace

Malta's financial services offer companies a full range of corporate services as found in the UK or any other large economy and also wealth management in the same way for individuals, again services that can also be found in the UK. Corporation tax is lower in Malta than the UK but so are several other countries. Using the term 'tax haven' is a misnomer because the UK offers corporation tax levels lower than Germany for example, so the UK could be seen as a 'tax haven' also in that respect. Personal income tax levels are lower in Malta than the UK and several other countries but the country doesn't have massive infrastructure to support.

I see you're quoting directly from the glossy tax haven adverts. You missed out the bit where, just as with the Caribbean tax havens, you can buy yourself a passport (and hence your wonderful EU "citizenship" through Malta. Your attempts to infer that Malta is no more a tax haven than the UK is hilarious, and the Germans agree.

[Link]

[Link]

[Link]

[Link]

 

davenotamonkey Flag 07 Jul 17 12.41am

Originally posted by nickgusset

I see that the EU have just completed a trade deal with Japan. Took just over 2 years to negotiate.

Can anyone tell me if we are going to get a better trade deal with Japan now we aren't part of the largest trading block in the world.

They started discussions in March 2013, and still have 2 years, (followed by) 29+ rubber stamps, and a whole range of extremely sensitive economic issues to settle. This is not ratified, it's not in-force, and you've swallowed the "EU uber alles" progress report on (as ever) glacial trade talks dressed up as "FTA win - BrexiTrump lose!!". How stupidly gullible must you be?

But yeah, can't wait to enjoy the freedom of movement and relocate to Japan!

And think of the huge net annual contributions economic giant Japan will bring to the EU budget!

Oh, wait. A deal with the EU that doesn't involve mass migratory flows of people and money? How is that even possible?! Lol, EUrocucks.

 

europalace Flag Europe 07 Jul 17 7.00am

Originally posted by davenotamonkey

I see you're quoting directly from the glossy tax haven adverts. You missed out the bit where, just as with the Caribbean tax havens, you can buy yourself a passport (and hence your wonderful EU "citizenship" through Malta. Your attempts to infer that Malta is no more a tax haven than the UK is hilarious, and the Germans agree.

[Link]

[Link]

[Link]

[Link]

you can 'buy' citizenship in many EU coujntries including the UK. Germany are going through an election process and that throws up all sorts of finger pointing to get attention, particularly at smaller countries who have less resources to defend their position. Farage and Johnson were touting the UK as a low corporation tax base, so yes the UK is also interested in becoming a 'tax haven'.

You are clueless about what a tax haven really is. All countries within the EU follow the banking directive where information is regularly exchanged. The fact that one country has a lower taxation policy than another doesn't mean it's a 'tax haven' otherwise out of the 28 EU countries 27 would be 'tax havens' as one would have the highest taxation rate. Tax havens promote secrecy for their clients and are based outside of the EU. Examples are Isle of Man, Jersey an Gibralta. Oh wait, aren't they British jurisdictions???? You seem as clueless as the other guy mat who was so naive he didn't even understand what QE meant or how it affected a currency. You should stop reading the daily mail and express, then you might realise how gullible you have been.

Right, back to my yacht now for a nice cruise Tax? What's that?

Edited by europalace (07 Jul 2017 7.04am)

 

matt_himself Flag Matataland 07 Jul 17 7.13am

Originally posted by europalace

you can 'buy' citizenship in many EU coujntries including the UK. Germany are going through an election process and that throws up all sorts of finger pointing to get attention, particularly at smaller countries who have less resources to defend their position. Farage and Johnson were touting the UK as a low corporation tax base, so yes the UK is also interested in becoming a 'tax haven'.

You are clueless about what a tax haven really is. All countries within the EU follow the banking directive where information is regularly exchanged. The fact that one country has a lower taxation policy than another doesn't mean it's a 'tax haven' otherwise out of the 28 EU countries 27 would be 'tax havens' as one would have the highest taxation rate. Tax havens promote secrecy for their clients and are based outside of the EU. Examples are Isle of Man, Jersey an Gibralta. Oh wait, aren't they British jurisdictions???? You seem as clueless as the other guy mat who was so naive he didn't even understand what QE meant or how it affected a currency. You should stop reading the daily mail and express, then you might realise how gullible you have been.

Right, back to my yacht now for a nice cruise Tax? What's that?

Edited by europalace (07 Jul 2017 7.04am)

As you clearly haven't read any of the facts about the tax situation in Malta, and clearly do not wish to embrace the reality of it, let me explain. In Malta, corporation tax is nominally set at 30% but corporations can take advantage of rebates which mean that their final tax is set around 5%. The average corporation tax level in the EU is around 22%.

That, is what the furore is about and your protestations that Malta is not a tax haven appear very different from the evidence.

 


"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02

davenotamonkey Flag 07 Jul 17 8.15am

Originally posted by europalace

you can 'buy' citizenship in many EU coujntries including the UK. Germany are going through an election process and that throws up all sorts of finger pointing to get attention, particularly at smaller countries who have less resources to defend their position. Farage and Johnson were touting the UK as a low corporation tax base, so yes the UK is also interested in becoming a 'tax haven'.

You are clueless about what a tax haven really is. All countries within the EU follow the banking directive where information is regularly exchanged. The fact that one country has a lower taxation policy than another doesn't mean it's a 'tax haven' otherwise out of the 28 EU countries 27 would be 'tax havens' as one would have the highest taxation rate. Tax havens promote secrecy for their clients and are based outside of the EU. Examples are Isle of Man, Jersey an Gibralta. Oh wait, aren't they British jurisdictions???? You seem as clueless as the other guy mat who was so naive he didn't even understand what QE meant or how it affected a currency. You should stop reading the daily mail and express, then you might realise how gullible you have been.

Right, back to my yacht now for a nice cruise Tax? What's that?

Edited by europalace (07 Jul 2017 7.04am)

Wrong. Austria (not a tax haven). Malta (a tax haven). Cyprus (a tax haven).

[Link]

I linked to articles from two German sources, and the Guardian. But yeah, "daily mail, innit".

Defensive, much? How could your wonderful EU allow such a terrible thing, hmm? I mean it's kind of ironic that your EU idol Juncker is himself guilty of pushing aggressive tax avoidance whilst "drunk on power" in tax haven Luxembourg. Perhaps you should take those signed Juncker posters down from your bedroom wall.

 

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