21-09-2009, 08:40 AM
David Guyatt Wrote:Hong Kong. Of course. Hong Kong was where HSBC carried out their money laundering.What is the situation for Hong Kong banks now David? Since the Chinese reclaimed HK that is. Is it still a big player? Is it a free for all zone?
Whoops, did I assert that as a fact when it should've been allegedly?
Hence, I suppose the use of the term "High Income Fund" - after all, drug barons still have considerable reservations about paying governments taxes on their trading activities -- even though a Hong Kong drug baron did, a few years ago, donate £1 million to the British Tory Party to smooth the way for, well, something....
If criminals pay income tax on their earnings in Australia they are able to get many tax rebates as well. Being a population largely descended from criminals of various kinds we have taken it to heart. There was a case a few years ago to confirm this. I am not sure quite how far it goes though - I'm pretty sure that you can get all your static security, customs duties and agricultural inputs deducted but I am not sure that the tax department will go so far as to deduct the hit man's commission as pay back for Fast Eddy ripping off the last shipment.
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx
"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.
“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.
“I think it would be a good idea” Ghandi, when asked about Western Civilisation.