#tax haven

[stevenbarnum]

[dougielombax]

I do have a bizarre fondness for micro states

Idk why.

Minus the whole tax haven thing.

Still.

[siliconpalms]

Trust the USA: A Leading Tax Haven and Top States for Offshore Investors

In the landscape of offshore finance, the United States emerges as a prominent player, offering a blend of favorable tax regulations, legal protections, and financial privacy. While traditional tax havens often conjure images of tropical paradises and exotic locales, several states within the USA provide a compelling alternative for investors seeking tax efficiency and asset protection. In this…

[lejournaldupeintre]

Safe havens in Europe

“EU countries are responsible for 36% of tax havens.”Oxfam The European Finance Ministers recently revised the European list of tax havens. They added Antigua, Barbuda, Belize and Seychelles to the blacklist and removed the British Virgin Islands, the Bahamas, Costa Rica, Cayman Islands and the Marshall Islands. The list includes Russia, Panama, and other Caribbean states and territories, and…

[gwydionmisha]

Nevis Island: A Tax Haven for Scammers & Wealthy Individuals

[genericaces]

buffy season 69 au where xander and anya (read: anya) get filthy rich off of bitcoin, immediately lose it all on ape nfts, and are forced to live on the run from the irs

[shepherds-of-haven]

You should make the "You brilliant bitch" line a running gag. Like whenever a character other than MC does or says something smart, there should be an option to say it.

Imagine saying that to Riel or Blade 😭

Blade: "I'm sending our big players away from base so that they're conveniently 'on missions' during the Inquisitors' inspection"

MC: "You brilliant bitch"

[takiki16]

(click for image descriptions)

[delawaredetroit]

It makes sense that an attack that defies all logic is the one that isn't actually a place. (I guarantee you that there is no place called Delaware, Detroit)

And speaking of attack names, it's hilarious that Izuku's state choice for his main spin on All Might's attack names is a tax haven.

Like Detroit Smash sounds tough. Detroit's a tough place with a strong history. Delaware is where 20 businesses have the same address for the same cubicle for tax purposes. But I'm assuming Horikoshi had no idea about that and was just like Delaware is small I guess.

[stevenbarnum]

[wisteriagoesvroom]

me: omg they're such a relatable overthinker anxiety girlie

the overthinker anxiety girlie in question:

source

[mostlysignssomeportents]

Ireland's privacy regulator is a gamekeeper-turned-poacher

This Saturday (May 20), I’ll be at the GAITHERSBURG Book Festival with my novel Red Team Blues; then on May 22, I’m keynoting Public Knowledge’s Emerging Tech conference in DC.

On May 23, I’ll be in TORONTO for a book launch that’s part of WEPFest, a benefit for the West End Phoenix, onstage with Dave Bidini (The Rheostatics), Ron Diebert (Citizen Lab) and the whistleblower Dr Nancy Olivieri.

When the EU passed its landmark General Data Protection Regulation (GDPR), it seemed like a privacy miracle. Despite the most aggressive lobbying Europe had ever seen, 500 million Europeans were now guaranteed a digital private life. Could this really be?

If you’d like an essay-formatted version of this post to read or share, here’s a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/05/15/finnegans-snooze/#dirty-old-town

Well, yes…and no. Despite flaws (Right to Be Forgotten), the GDPR has strong, well-crafted, badly needed privacy protections. But to get those protections, Europeans need their privacy regulators to enforce the rules.

That’s where the GDPR miracle founders. Europe includes several tax-havens — Malta, Cyprus, the Netherlands, Luxembourg, Ireland — that compete to offer the most favorable terms to international corporations and other criminals. For these havens, paying little to no tax is just table-stakes. As these countries vie to sell themselves out to giant companies, they compete to offer a favorable regulatory environment, insulating companies from lawsuits over corruption, labor abuses and other crimes.

All of this is made possible — and even encouraged — by the design of European federalism, which lets companies easily shift which flag of convenience they fly. Once a company re-homes in a country, it can force Europeans across the union to seek justice in that country’s courts, under the looming threat that the company will up sticks for another haven if the law doesn’t bend over backwards to protect corporate citizens from the grievances of flesh-and-blood humans.

Big Tech’s most aggressive privacy invaders have long flown Irish flags. Ireland is “headquarters” to Google, Meta, Tinder, Apple, Airbnb, Yahoo and many other tech companies. In exchange for locating a handful of jobs to Ireland, these companies are allowed to maintain the pretense that their global earnings are afloat in the Irish Sea, in a state of perfect, untaxable grace.

That cozy relationship meant that the US tech giants were well-situated to sabotage Ireland’s privacy regulator, who would be the first port of call for Europeans whose privacy had been violated by American firms. For many years, it’s been obvious that the Irish Data Protection Commission was a sleeping watchdog, with infinite tolerance for the companies that pretend to make Ireland their homes. 87% of Irish data protection claims involve just eight giant US companies (that pretend to be Irish).

But among for hardened GDPR warriors, the real extent of the Data Protection Commissioner’s uselessness is genuinely shocking. A new report from the Irish Council for Civil Liberties reveals that the DPC isn’t merely tolerant of privacy crimes, they’re gamekeepers turned poachers, active collaborators in privacy abuse:

https://www.iccl.ie/wp-content/uploads/2023/05/5-years-GDPR-crisis.pdf

The report’s headline figure really tells the story: the European Data Protection Board — which oversees Ireland’s DPC — overturns the Irish regulator’s judgments 75% of the time. It’s actually worse than it appears: that figure only includes appeals of the DPC’s enforcement actions, where the DPC bestirred itself to put on trousers and show up for work to investigate a privacy claim, only to find that the corporation was utterly blameless.

But the DPC almost never takes enforcement actions. Instead, the regulator remains in its pajamas, watching cartoons and eating breakfast cereal, and offers an “amicable resolution” (that is, a settlement) to the accused company. 83% of the cases brought before the DPC are settled with an “amicable resolution.”

Corporations can bargain for multiple, consecutive amicable resolutions, allowing them to repeatedly break the law and treat the fines — which they negotiate themselves — as part of the price of doing business.

This is illegal. European law demands that cases that involve repeat offenders, or that are likely to affect many people, must be fully investigated.

Ireland’s government has stonewalled on calls for an independent review of the DPC. The DPC continues to abet lawlessness, allowing corporations to use privacy invasive techniques for surveillance, discrimination and manipulation. In 2022, the DPC concluded 64% of its cases with mere reprimands — not even a slap on the wrist.

Meanwhile, the DPC trails the EU in issuing “compliance orders” — which directly regulate the conduct of privacy-invading companies — only issuing 49 such orders in the past 4.5 years. The DPC has only issues 28 of the GDPR’s “one-stop-shop” fines.

The EU has 26 other national privacy regulators, but under the GDPR, they aren’t allowed to act until the DPC delivers its draft decisions. The DPC is lavishly funded, with a budget in the EU’s top five, but all that money gets pissed up against a wall, with inaction ruling the day.

Despite the collusion between the tech giants and the Irish state, time is running out for America’s surveillance-crazed tech monopolists. The GDPR does allow Europeans to challenge the DPR’s do-nothing rulings in European court, after a long, meandering process. That process is finally bearing fruit: in 2021, Johnny Ryan and the Irish Council for Civil Liberties brought a case in Germany against the ad-tech lobby group IAB:

https://pluralistic.net/2021/06/16/inside-the-clock-tower/#inference

And the activist Max Schrems and the group NOYB brought a case against Google in Austria:

https://pluralistic.net/2020/05/15/out-here-everything-hurts/#noyb

But Europeans should not have to drag tech giants out of Ireland to get justice. It’s long past time for the EU to force Ireland to clean up its act. The EU Commission is set to publish a proposal on how to reform Ireland’s DPA, but more muscular action is needed. In the new report, the Irish Council For Civil Liberties calls on the European Commissioner for Justice, Didier Reynders, to treat this issue with the urgency and seriousness that it warrants. As the ICCL says, “the EU can not be a regulatory superpower unless it enforces its own laws.”

Catch me on tour with Red Team Blues in Toronto, DC, Gaithersburg, Oxford, Hay, Manchester, Nottingham, London, and Berlin!

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/05/15/finnegans-snooze/#dirty-old-town

[Image ID: A toddler playing with toy cars. The cars are Irish police cars. The toddler's head has been replaced with the menacing, glowing red eye of HAL9000 from Stanley Kubrick's '2001: A Space Odyssey.' The toddler's knit cap is decorated with the logos for Apple, Google, Facebook and Tinder.]

Image: Cryteria (modified) https://commons.wikimedia.org/wiki/File:HAL9000.svg

CC BY 3.0 https://creativecommons.org/licenses/by/3.0/deed.en

[sincaraz]

this is so funny to me why are you doing this on the sidewalk

[endofbeginings]

me pretending idc about monaco so it comes faster (i wanna upload the poster)

[ardri-na-bpiteog]

Anyone who still puts any sort of stock in GDP per capita figures needs to cop on tbh. It's not a good indication of actual quality of life and people can live in a "high" GDP per capita country but have a lower quality of life than someone in a country with a lower GDP per capita because of income inequality and high costs.