Isle of Man bizjet tax

[ShotOne]

One snippet from tonight's panorama expose on offshore tax avoidance was that IOM authorities had issued tax refunds for 230 business jets (one belonging to Mr L Hamilton) Funnily enough, last time I was there there were no biz-jets to be seen at all!

[Cazalet33]

That's 'cos they fly.

It's a flag of convenience. Not a home base.

Not many Liberian-flagged ships in port in Monrovia either.

Lots of Delaware-registered companies have zero hours worked by employees in Delaware.

[N707ZS]

The island that swapped donkey rides for offshore cash - BBC News (http://www.bbc.co.uk/news/resources/idt-sh/the_island_that_swapped_donkey_rides_for_offshore_cash)

[sellbydate]

Some intelligent commentary on the matter from Corporate Jet Investor:

https://corporatejetinvestor.com/articles/isle-of-man-appleby-brace-for-allegations-of-vat-avoidance-on-aircraft-imported-eu-098-guardian-panorama-icij/

[ShotOne]

"It's a flag of convenience not a home base..". Yes. Thank you for making my point cazalet. "Convenience" in this context meaning, as with merchant shipping, minimal tax, regulatory oversight and employment rights.

[snchater]

Some intelligent commentary on the matter from Corporate Jet Investor:

https://corporatejetinvestor.com/articles/isle-of-man-appleby-brace-for-allegations-of-vat-avoidance-on-aircraft-imported-eu-098-guardian-panorama-icij/

Sellbydate
Many thanks for posting that link - as you say an intelligent commentary that should be read by anyone who wishes to understand the true facts.

[HyFlyer]

Sellbydate
Many thanks for posting that link - as you say an intelligent commentary that should be read by anyone who wishes to understand the true facts.

There ya go.......excluding Panorama journalists, politicians and a whole host of others from the discussion.....!!!