Interested in maladministration. Estd. 2005
 RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony
Joe Duffy is dishonest and untrustworthy Anthony
Robert Watt complaint: Time for decision by SIPO Anthony
RTE in breach of its own editorial principles Anthony
Waiting for SIPO Anthony Public Inquiry >>
Promoting Human Rights in IrelandHuman Rights in Ireland >>
Wind Farms Are Driving Up Electricity Bills, Admits Ofgem Wed Aug 27, 2025 17:36 | Will Jones
Energy bills are rising to help fund the extra costs of wind farms, Ofgem admitted today as it announced gas and electricity costs will go up by double the expected amount from October.
The post Wind Farms Are Driving Up Electricity Bills, Admits Ofgem appeared first on The Daily Sceptic.
Calling Male Transgender Samurai Killer a Woman Was Accurate, Insists BBC Wed Aug 27, 2025 15:00 | Will Jones
The BBC has defended its use of female pronouns to describe a male transgender killer who stabbed his partner to death with a samurai sword.
The post Calling Male Transgender Samurai Killer a Woman Was Accurate, Insists BBC appeared first on The Daily Sceptic.
Porsche Axes Plans to Build Electric Car Batteries as Demand Collapses Wed Aug 27, 2025 13:00 | Will Jones
Porsche has scrapped plans to build its own electric vehicle batteries after collapsing demand from drivers.
The post Porsche Axes Plans to Build Electric Car Batteries as Demand Collapses appeared first on The Daily Sceptic.
Starmer Should ?Decouple? From ECHR, Says Jack Straw Wed Aug 27, 2025 11:00 | Will Jones
Keir Starmer should "decouple" British laws from the ECHR to enable more migrants to be deported, former Labour home secretary?Jack Straw ? who helped draft the Human Rights Act ? has said.
The post Starmer Should “Decouple” From ECHR, Says Jack Straw appeared first on The Daily Sceptic.
Science Shock: ?Smoking Gun? Evidence Emerges That the Met Office is Inventing Temperature Data Wed Aug 27, 2025 09:00 | Chris Morrison
Daily Sceptic Environment Editor Chris Morrison reports on the emergence of shocking 'smoking gun' evidence that the UK Met Office is inventing key temperature data used to support the climate alarmist narrative.
The post Science Shock: ‘Smoking Gun’ Evidence Emerges That the Met Office is Inventing Temperature Data appeared first on The Daily Sceptic. Lockdown Skeptics >>
Voltaire, international edition
Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en
Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en
Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en
Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en
The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en Voltaire Network >>
|
Dodgey Bush Money, Charles and Sam Wyly and the Isle of Man
 international |
anti-capitalism |
other press
 Sunday June 05, 2005 19:42 by redjade
IOM is not in the EU - a Permanent Autonomous Zone for the wealthy
''The scheme, devised by one of America's biggest banks and used by two billionaire donors to George Bush's election campaign among others, is being probed for possible breaches of securities and anti-money-laundering rules.''
 US Probes Isle of Man Scheme Used by Billionaire Bush Donors
Independent/UK
http://www.commondreams.org/headlines05/0605-03.htm
The Manhattan District Attorney, the Securities and Exchange Commission (SEC) and the US Internal Revenue Service (IRS) are jointly probing a tax-shelter plan run out of the Isle of Man.
The scheme, devised by one of America's biggest banks and used by two billionaire donors to George Bush's election campaign among others, is being probed for possible breaches of securities and anti-money-laundering rules.
The investigating bodies believed that up to $100m (£55m) of tax was saved through one scheme alone, and as much as $700m in taxes may have been avoided over an 11-year period. The scheme involved executives and corporations handing over stock to trusts that they declared they neither owned nor controlled. When the options were cashed in, no tax was payable. However, the IRS changed the rules in 2003 to say that tax should be paid anyway.
In the previous 11 years, tax schemes were marketed by Bank of America to at least 42 corporations.
[....]
They have contacted the regulators on the Isle of Man asking for information on one particular scheme used by two Texan billionaire brothers, Charles and Sam Wyly.
The duo, who made their money in computing and retailing, not only gave over $200,000 to President Bush's re-election campaigns, but also bankrolled TV adverts attacking his rivals, John Kerry and Senator John McCain.
|
printable version
Digg this
del.icio.us
Furl
Reddit
Technorati
Facebook
Gab
Twitter
View Full Comment Text
save preference
Comments (2 of 2)