Should British Rail be Publicly owned

[Hamble]

Plenty of people have.

Investing in tax havens should be OK but when money is repatriated it should be taxed as income, the dodgy ruses such as fake loans and paying for none existant services need stamping out.

What about dodging stamp duty?

Quote
"Two Labour-controlled councils in the North West have reportedly used offshore companies to avoid paying more than £12 million in stamp duty despite Jeremy Corbyn's vociferous opposition to tax avoidance.

The Times reported that in May, Sefton Council in Merseyside saved £1.6 million in stamp duty by buying the New Strand shopping centre in Bootle for £32.5 million via a company registered in Luxembourg.

It also bought insurance against the possibility that HM Revenue and Customs might chase it for payment, it was reported.

And in July, Warrington Council agreed to pay more than 3200 million for Birchwood Park, a business centre in Cheshire, via an offshore company, saving almost £10.5 million in stamp duty, according to the newspaper.

There is no suggestion that the arrangements used are illegal.

But Mr Corbyn has long criticised legal tax avoidance, and responding to the Paradise Papers leaks this week, called for the Queen's finances to be investigated as part of a wider inquiry into the revelations."

http://www.itv.com/news/granada/2017...ore-companies/

[Alikado]

What about dodging stamp duty?

Quote
"Two Labour-controlled councils in the North West have reportedly used offshore companies to avoid paying more than £12 million in stamp duty despite Jeremy Corbyn's vociferous opposition to tax avoidance.

The Times reported that in May, Sefton Council in Merseyside saved £1.6 million in stamp duty by buying the New Strand shopping centre in Bootle for £32.5 million via a company registered in Luxembourg.

It also bought insurance against the possibility that HM Revenue and Customs might chase it for payment, it was reported.

And in July, Warrington Council agreed to pay more than 3200 million for Birchwood Park, a business centre in Cheshire, via an offshore company, saving almost £10.5 million in stamp duty, according to the newspaper.

There is no suggestion that the arrangements used are illegal.

But Mr Corbyn has long criticised legal tax avoidance, and responding to the Paradise Papers leaks this week, called for the Queen's finances to be investigated as part of a wider inquiry into the revelations."

http://www.itv.com/news/granada/2017...ore-companies/

Wrong!
The Council bought THE COMPANY that owned The Strand, therefore they didn't attract Stamp Duty. The company was foreign owned therfore they have brought a British foreign owned asset back onshore. They didn't use the dodge of a foreign company to avoid Stamp duty it weas already foreign owned, if they later transfer the ownership that will attract stamp duty but if they did that it would decrease the value as it would be less attractive to any buyer.

[silver fox]

What about dodging stamp duty?

Quote
"Two Labour-controlled councils in the North West have reportedly used offshore companies to avoid paying more than £12 million in stamp duty despite Jeremy Corbyn's vociferous opposition to tax avoidance.

The Times reported that in May, Sefton Council in Merseyside saved £1.6 million in stamp duty by buying the New Strand shopping centre in Bootle for £32.5 million via a company registered in Luxembourg.

It also bought insurance against the possibility that HM Revenue and Customs might chase it for payment, it was reported.

And in July, Warrington Council agreed to pay more than 3200 million for Birchwood Park, a business centre in Cheshire, via an offshore company, saving almost £10.5 million in stamp duty, according to the newspaper.

There is no suggestion that the arrangements used are illegal.

But Mr Corbyn has long criticised legal tax avoidance, and responding to the Paradise Papers leaks this week, called for the Queen's finances to be investigated as part of a wider inquiry into the revelations."

http://www.itv.com/news/granada/2017...ore-companies/

Try getting the facts right, Sefton council bought a company which was registered offshore, a company which owned The New Strand, did not use an offshore company for that purchase, did not have funds stashed offshore for the purchase, not too sure of the finer tax implications, but Sefton council have brought a local asset back into local ownership, from being an offshore asset.

[Little Londoner]

For those who do not maybe understand. Everything in life has to be paid for, there seems to a lot of people whinging about share holders and dividends. Where do you think your pensions come from, where do think the unions invest their money. I believe southern rail have just (please insert something to make sense)
at around 28% unless its fake news. If true its obscene.