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 Post subject: Panama Papers
PostPosted: Tue April 05, 2016 4:28 pm 
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So Iceland's PM just resigned over this:

http://www.nytimes.com/2016/04/06/world ... v=top-news

Can someone explain to me the effective difference between Iceland's President and PM? Wiki just says this:

The politics of Iceland take place within the framework of a parliamentary representative democratic republic. The President of Iceland is the head of state, while the Prime Minister of Iceland is the head of government in a multi-party system. It is arguably the world's oldest parliamentary democracy. Executive power is exercised by the government. Legislative power is vested in both the government and parliament, the Althing. The Judiciary is independent of the executive and the legislature.


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 Post subject: Re: Panama Papers
PostPosted: Tue April 05, 2016 4:29 pm 
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I'm guessing that the PM acts like the speaker for Parliament, while the Pres is more of the executive action guy.


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 Post subject: Re: Panama Papers
PostPosted: Tue April 05, 2016 4:57 pm 
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tragabigzanda wrote:
Can someone explain to me the effective difference between Iceland's President and PM? Wiki just says this:


Image

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 Post subject: Re: Panama Papers
PostPosted: Tue April 05, 2016 5:12 pm 
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Simple Torture wrote:
tragabigzanda wrote:
Can someone explain to me the effective difference between Iceland's President and PM? Wiki just says this:


Image


AL


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 Post subject: Re: Panama Papers
PostPosted: Tue April 05, 2016 5:15 pm 
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I haven't been following this leak but I have heard Argentine president Mauricio Macri is somehow implicated in all of this

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 Post subject: Re: Panama Papers
PostPosted: Tue April 05, 2016 5:16 pm 
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if this implicates sigur ros, i'm gonna be pissed


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 Post subject: Re: Panama Papers
PostPosted: Tue April 05, 2016 7:39 pm 
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Anyone know what sort of involvement David Lee Roth has in this?


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 Post subject: Re: Panama Papers
PostPosted: Tue April 05, 2016 7:56 pm 
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Great graphic of front-page coverage by US papers:

Image


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 Post subject: Re: Panama Papers
PostPosted: Tue April 05, 2016 8:03 pm 
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Pathetic

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 Post subject: Re: Panama Papers
PostPosted: Tue April 05, 2016 8:49 pm 
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i'm just glad it's not called PanamaGate


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 Post subject: Re: Panama Papers
PostPosted: Tue April 05, 2016 9:37 pm 
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Is there many americans implicated? Because Americans only care about America.

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 Post subject: Re: Panama Papers
PostPosted: Wed April 06, 2016 3:56 am 
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I've got bad news about Pedro Almodovar, trag: http://www.avclub.com/article/jackie-ch ... mpl-234856

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 Post subject: Re: Panama Papers
PostPosted: Wed April 06, 2016 4:10 am 
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Possibly shitty move on Almodovar's part, but it's not like he's establishing global banking policies for his day gig.


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 Post subject: Re: Panama Papers
PostPosted: Wed April 06, 2016 4:12 am 
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You're in the pocket of Big Spanish Cinema, aren't you? I bet you have offshore accounts in the form of shell ice cream companies. Release your tax returns! Jet fuel can't melt steel beams!

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 Post subject: Re: Panama Papers
PostPosted: Wed April 06, 2016 4:28 am 
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Ha, my previous employer has been linked to this due to their military/government tie ins. This shit just got good.

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 Post subject: Re: Panama Papers
PostPosted: Thu April 07, 2016 3:28 am 
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BurtReynolds wrote:
Is there many americans implicated? Because Americans only care about America.



Why werent more Americans implicated? Does FATCA have enough reach to discourage Americans from even this level of elaborate offshoring?


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 Post subject: Re: Panama Papers
PostPosted: Thu April 07, 2016 3:31 am 
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simple schoolboy wrote:
BurtReynolds wrote:
Is there many americans implicated? Because Americans only care about America.



Why werent more Americans implicated? Does FATCA have enough reach to discourage Americans from even this level of elaborate offshoring?

Apparently The United States already is a tax haven

http://www.nbcnews.com/storyline/panama ... rs-n551081

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 Post subject: Re: Panama Papers
PostPosted: Thu April 07, 2016 3:36 am 
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Rich people hide money to avoid taxes? I am shocked!


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 Post subject: Re: Panama Papers
PostPosted: Thu April 07, 2016 6:18 am 
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BurtReynolds wrote:
simple schoolboy wrote:
BurtReynolds wrote:
Is there many americans implicated? Because Americans only care about America.



Why werent more Americans implicated? Does FATCA have enough reach to discourage Americans from even this level of elaborate offshoring?

Apparently The United States already is a tax haven

http://www.nbcnews.com/storyline/panama ... rs-n551081


Well, as long as the IRS gets its cut, they dont seem to care. The funny thing is there isnt much reciprocity when it comes to foreign account information. Its not clear if the resulting competitive advantage for US banks is intended, but it seems to be the result.


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 Post subject: Re: Panama Papers
PostPosted: Tue May 10, 2016 1:55 am 
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https://www.almasdarnews.com/article/pa ... -campaign/

Huh.

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