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now you know why all Rupert Murdoch's companies are registered in Delaware except he pays nil tax.
Well he is allowed to Hedda! Perhaps the extra employees he can take on and pay by not paying the tax he could, rebalances things through the additional tax these employees pay...
He found a loophole and exploiting it like any sane person would.
We all want to pay less tax for fuck sake.
Wyot
hedda wrote:
[quote]Jo wrote:
[quote]Honey wrote:
now you know why all Rupert Murdoch's companies are registered in Delaware except he pays nil tax.
Well he is allowed to Hedda! Perhaps the extra employees he can take on and pay by not paying the tax he could, rebalances things through the additional tax these employees pay...
hedda
Jo wrote: Honey wrote: In Delaware, where Harry and Meghan registered their Archewell charity, it allows 95 percent of the income to go on expenses, as opposed to 60 percent if they had registered in California.
That's astounding!
now you know why all Rupert Murdoch's companies are registered in Delaware except he pays nil tax.
Jo
Honey wrote: In Delaware, where Harry and Meghan registered their Archewell charity, it allows 95 percent of the income to go on expenses, as opposed to 60 percent if they had registered in California.
That's astounding!
Honey
Jo wrote: There used to be a dedicated Charity Commission website, which seems to have disappeared and been replaced by a gov.uk site, that used to have a really useful feature: coloured charts showing what proportion of a charity's takings was spent on admin and what proportion on charity work, etc. That has now disappeared, so it's no longer possible to decide at a glance whether to donate to a particular charity.
In Delaware, where Harry and Meghan registered their Archewell charity, it allows 95 percent of the income to go on expenses, as opposed to 60 percent if they had registered in California.