Btw, it's a drop in the ocean compared to what some Arab countries have invested here! Cyprus is the rising star in international financial management…
http://www.aspentrust.com/cyprus-tax-pl ... ges-cyprus

Oracle wrote:Tax evading Greeks have given us (Cyprus) nearly 10 Billion Euros to look after for them!![]()
What shall we do with it?![]()
http://www.guardian.co.uk/world/2010/fe ... lions-debt
![]()
Money, money, money .....

Get Real! wrote::? Unless you’re a shareholder of the bank with the increased investment capital I can’t see what the fuss it all about!![]()
Btw, it's a drop in the ocean compared to what some Arab countries have invested here! Cyprus is the rising star in international financial management…
http://www.aspentrust.com/cyprus-tax-pl ... ges-cyprus

Oracle wrote:Tax evading Greeks have given us (Cyprus) nearly 10 Billion Euros to look after for them!![]()
What shall we do with it?![]()
http://www.guardian.co.uk/world/2010/fe ... lions-debt
![]()
Money, money, money .....

Malapapa wrote:Oracle wrote:Tax evading Greeks have given us (Cyprus) nearly 10 Billion Euros to look after for them!![]()
What shall we do with it?![]()
http://www.guardian.co.uk/world/2010/fe ... lions-debt
![]()
Money, money, money .....
All this undeclared money should be returned to Greece and handed over to tax officials to reduce the country's huge budget deficit and national debt.


Oracle wrote:Tax evading Greeks have given us (Cyprus) nearly 10 Billion Euros to look after for them!![]()
What shall we do with it?![]()
http://www.guardian.co.uk/world/2010/fe ... lions-debt
![]()
Money, money, money .....
While a fifth of the population lives beneath the poverty line, some 20% of Greeks are believed to earn more than €100,000 annually – even if, according to income tax records, 90% declare salaries of less than €30,000 a year.
"Greece has a lot of rich people who are not being taxed properly because there is so much tax evasion," finance minister Giorgos Papaconstantinou, told the Observer. "If you look at the actual numbers, you will see that the number of people declaring over €100,000 a year is roughly 15,000," he said. "I don't think that there is anyone in this country who believes there are only 15,000 Greeks earning more than €100,000 a year."
The growing flight of funds from Greece has whipped up much resentment among the public. "It's revolting," said one popular radio chat-show host last week. "[u]After pillaging the country, they flee with their ill-gotten gains at the very mention of the word tax[/u]."
http://www.guardian.co.uk/world/2010/fe ... lions-debt

Oracle wrote:Tax evading Greeks have given us (Cyprus) nearly 10 Billion Euros to look after for them!![]()
What shall we do with it?![]()
http://www.guardian.co.uk/world/2010/fe ... lions-debt
![]()
Money, money, money .....

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