G8 wants to start removal of offshores

Powerful top of all participants of Eight plan maximum share various information in the field of taxation. In particular, all G8 countries now want to require companies, firms and corporations information about their owners. Moreover, the authorities in these countries plans to change the rules that allow companies to involuntarily withdraw their money to offshore accounts in foreign banks. Now every businessman or owner of a large company must report all of their income.

Declaration speaks to the fact that all companies should not only report to the tax authorities, but also to publish information about it. Simultaneously, the state should also publish data received taxes, which should lead to maximum transparency and profits will benefit each state.

All companies in the world have always enjoyed offshore zones and have saved billions in profits from the States in which the work. Even famous company Apple savings thus leaving the U.S. lost more than $ 2.5 billion.

Most companies use their international operations in order to use a standard scheme that financiers called a double whiskey and Irish stout Dutch sandwich. The scheme is quite simple - you want to display arrived in Ireland, the Netherlands, or to the Caribbean. Few people know that only a united Ireland more than a third of all profits from Apple. Here you can trace and profits Google, Microsoft and known, even famous Hewlett-Packard. And then someone wonders why Ireland was the first country emerged from the global crisis ...