Joey wrote:
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The "Panama Papers" Data Leak - Largest in Journalistic History
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Joey wrote: View PostToronto Star and CBC Radio are the only 2 Canadian Media that have access to the papers, and the Star is reporting that over 350 Canadians have been found in the Documents, and costing Canada around $8 Billion in Taxes each year.
That is quite a number...am surprised...there must be a lot of scrambling going on.
If this proves to be true I hope they all get prosecuted to the full extent (no plea deals).
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Apollo wrote: View PostFor starters because you have no choice. It's taken off your pay cheque.
Joey wrote: View PostToronto Star and CBC Radio are the only 2 Canadian Media that have access to the papers, and the Star is reporting that over 350 Canadians have been found in the Documents, and costing Canada around $8 Billion in Taxes each year.
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Bendit wrote: View PostGet the dungeons ready.
That is quite a number...am surprised...there must be a lot of scrambling going on.
If this proves to be true I hope they all get prosecuted to the full extent (no plea deals).
rocwell wrote: View PostNot really. I make a living from gambling. I haven't paid any taxes yet, but CRA deemed my gambling winnings as "income from business" couple months ago, so yeah.. I have a choice.. Mossack Fonseca..
can't wait to see what's going to happen to these individuals. This is a serious matter which should be followed by every one of us.
If you're not just fooling around here I hope you're claiming all your expenses like your car for example.
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Apollo wrote: View PostThey should have to pay every penny plus interest, fines and late penalties into the government and face jail time.
Let me rephrase: for starters because 99% of the population are employees and have no choice. It's taken off their pay cheque.
If you're not just fooling around here I hope you're claiming all your expenses like your car for example.
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Bendit wrote: View PostGet the dungeons ready.
That is quite a number...am surprised...there must be a lot of scrambling going on.
If this proves to be true I hope they all get prosecuted to the full extent (no plea deals).
Not saying to let them off scot free, but the only big winners would be lawyers if full prosecution occurs.
Government should grab as much of that money as it can in the smartest and most fiscally responsible way.
Don't want a situation where we win some and lose some and end up spending more than is recovered.If we knew half as much about coaching an NBA team as we think, we"d know twice as much as we do.
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rocwell wrote: View PostNot really. I make a living from gambling. I haven't paid any taxes yet, but CRA deemed my gambling winnings as "income from business" couple months ago, so yeah.. I have a choice.. Mossack Fonseca..
I did not know this possibility since lottery winnings and the occasional visit to the casino are not taxable typically.
CRA should pull their finger out and start investigating these Mossack revelations.
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rocwell wrote: View PostOf course, I know. I'm still trying to fight this decision though as in one CRA letter they pretty much accused me of having inside information that allows me to reduce the element of chance. Lol.
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3inthekeon wrote: View PostPlea deals would actually be best in most cases.
Not saying to let them off scot free, but the only big winners would be lawyers if full prosecution occurs.
Government should grab as much of that money as it can in the smartest and most fiscally responsible way.
Don't want a situation where we win some and lose some and end up spending more than is recovered.
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Bendit wrote: View PostUnder those circumstances you can then also list bets made which you lost as expenses....and "other expenses" like the research you conduct at the local pub. Hope you kept your receipts. This should mitigate the burden I would think unless you have a boffo win:loss ratio
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Apollo wrote: View PostAccusations of rigging gambling issued due level of ability? Sounds like a great complement to me... Unless they're right?!
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Apollo wrote: View PostBeer and pretzels sound like they may be essential to his business plan. Good thinking.Last edited by rocwell; Mon Apr 4, 2016, 02:00 PM.
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I've just been reading about all this, we're going to be getting more and more information from this for a long time.
One thing I found really interesting is that the disappearance of all the gold stolen during Britain's "crime of the century" (The Brink's Mat Robbery) might be explained in the some of the Panama Papers, we'll probably see a lot more stuff like that...The name's Bond, James Bond.
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