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Old 22nd Jun 2012, 09:01
  #136 (permalink)  
AnAmusedReader
 
Join Date: Aug 2007
Location: hong kong
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Ask why they closed the base,

MrClaus and others are quite right on why the PAR base has closed. Tax, social security and other potential legal problems. The only surprise here is that people are surprised about the decision. It was inevitable and, if they are honest, those on the PAR base knew they were next after AMS.

Basings have always been liable for this since they began. The arrogant Swire attitude of we are Swires, in HKG and we can do what we like so Veta is set up as a HKG company 'outside' the laws of all countries and was always doomed to get caught. CX have still saved millions despite having to pay millions to avoid tax and social security evasion charges.

The only 'safe' bases are those on shored, Oz, NZ, Canada and the UK.
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