‘The Wolf of Wall Street’ Funded Using Economic Development Fund

—In The News— U.S. Justice Department announced that overseers of an economic development fund “1MDB” had plundered taxpayer funds in financing personal assets including: “The Wolf of Wall Street” movie, artworks by Vincent Van Gogh and Claude Monet, high-end real estate, Las Vegas gambling debts, rented luxury yachts, and bought a $35 million private jet. … Continue reading ‘The Wolf of Wall Street’ Funded Using Economic Development Fund

Making Something Illegal Doesn’t Stop It: NSW Greyhound Racing

New South Wales from July 1 2017, will ban greyhound racing, lead by Premier Mike Baird, in response to ‘mistreatment of animals’. Anyway, I very much doubt Mike Baird is a vegetarian, and therefore why should he have any concern for greyhounds in particular. With the recent lock out laws, Mike Baird just seems to … Continue reading Making Something Illegal Doesn’t Stop It: NSW Greyhound Racing

Digital Single Market

Documents leaked entitled ‘Online Platforms and the Digital Single Market’ from the European Commission and then published by the European Commission “[that] is now proposing the idea of using national ID cards to log in to online services, including Facebook, Twitter and even Uber.” (Best, 2016) With the recent changes in EU and the tax laws … Continue reading Digital Single Market

EUROCRATS

In the news, the British Government is out of pocket millions on its tax collection duties since February, surrounding VAT and corporation tax. The blame of late payment notices are being send to businesses, yet it was the HMRC’s fault in changing its bank details. “In February, the government department changed its International Bank Account … Continue reading EUROCRATS

‘Double-Dipping’

One Rule For One, One Rule For Another…Some Australian politicians are double-dipping and just receive a slap-on-the-wrist. Whereas, this exclusive policy helps one to correct for tax errors and I am against taxes as they misdirect resources and favour one group of society over another. However, I disagree with the line of law surrounding it … Continue reading ‘Double-Dipping’