via: tigerone1970
excerpt:
Millions of people go without basic services – running water and other utilities, healthcare, education, policing, because their governments do not have the money to pay for them.
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Posted on 01 February 2011.
via: tigerone1970
excerpt:
Millions of people go without basic services – running water and other utilities, healthcare, education, policing, because their governments do not have the money to pay for them.
.
.
Posted in STOP FORECLOSURE FRAUDComments (1)
Posted on 28 April 2010.
Gregory White | Apr. 28, 2010, 12:42 PM
Bild.de has broke the news of German police raids of Deutsche Bank and fifty other financial firms over tax-evasion charges.
The investigation involves 150 people suspected of evading VAT charges due in carbon trading schemes.
The taxes avoided add up to €1 billion, according to Bild.
Bild explains the tax scheme as this:
Dealers in different EU countries buy and sell permits which allow industrial enterprises to release a certain amount of greenhouse gases.
On the sale from dealer A to dealer B across a state border, no VAT is due. Upon the resale of the permits by dealer B to dealer C within the same country (i.e. Germany), VAT does become owed which dealer C can then claim back from the tax office.
Dealer B owes the authorities 19 per cent in VAT – it doesn’t pay, but pockets the 19 per cent and disappears off the market.
Posted in concealment, corruptionComments (1)
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