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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: zonder who wrote (67316)	1/14/2003 2:23:47 AM
From: 49thMIMOMander	Read Replies (1) \| Respond to of 70976

Monaco-EU-Taxes-Tax-Evasion <EU is and will "deal" with Monaco in a constructive way..> Issues on citizenship, basic laws on income and captital, domestic and global, and taxes on them after mutual agreements on reporting the. <If Monaco does enter the EU, you mean. > Entering or not, in the mutual middle. <"productive local economy"?> Tax-evasion, in its different forms, is to my knowledge, only EU-approved for small regions which have no other methodes of producing something worth some cash. That is, many small regions are left with tax-evasion as the only possibility for some time to come, either on personal, residential or corporative levels, nothing wrong with that, these small special regions should survive and continue too. <EU is annoyed at Monaco being a quasi-tax haven...obligation to conform with the EU for now.> It is a mutual thing, but the goal is obviously not to either conquer nor drive Monaco into national bankruptcy. First major issue that of a tax-haven for tax-evasion-purposes of non-haven-citizens (after the citizenship is mutually sorted out, dual or single, and reporting if dual) <<"legal" importance, like Jersey>> <favourable business environment for corporations?> Specifically not directly "favorable" in terms of lesser taxes, but in the way that the local laws regulating corprations, accounting, cash-flow is something well known by the rest of the world, and not a subject of fuzzy legalities, and changing from year to year. Ilmarinen Anyway, Monaco is, to my knowledge, not that EU-first-priotirty-important, need to sort out UK and Gibraltar plus the Baltic states,etc first. Tougher stuff for North Ireland and some other more violent small regions, not to forget Cyprus. However, funny thing how USA has become so friendly towards sorting out money-laundering these years, although it isn\t necessarily the same thing as more regular tax-evasion. (remembering the difference between individuals and corporation, small scale or really large scale) - Formula 1 and tobacco-alcohol advertisement: this is(was) a tough thing for UK joining EMU, maybe some solutions have been worked out as UK is about to converge to the EMU demands. (the income side of succesfully running the Formula 1 circus is obviously interesting, includes most of the factors in any economy or political, social system, pay-TV, regular traffic accidents and heroic blood and death to tourism and national pride, and especially what the elite enjoys vs. the dark masses) Personally I enjoy either the Tractors of Leningrad Cowboys or the doctoral brother of USA cartalk.cars.com classics and the car-IQ-test to take cartalk.cars.com cartalk.cars.com (just to be friendly and respectfull, educational, the link to the answers) Btw,btw, would not be surprised if Monaco would get EU-money to keep up the Formula 1 tradition, under some budget of museal and traditional activities, like reindeer races in the northest scandinavia?? Beats beating up as many as possible junk-cars in an as short time as possible, anyway, the destructive-constructive issue. cartalk.cars.com