Sentences with phrase «in offshore companies»

They have resulted in the so - called Panama Papers: a series of reports exposing politicians, celebrities and some criminals who used Mossack Fonseca's services to stash assets in offshore companies.

With a financial scandal threatening to engulf him, a video has emerged showing Iceland's Prime Minister walking out of a television interview when asked to explain his involvement in an offshore company.

Aschidamini's team even invests in offshore company culture, sponsoring boating events and team - building activities at their international work - hubs so contractors can still feel a sense of company identity.

They allege the money was then stashed in an offshore company created by Maiman and Toledo's mother - in - law.

The Prime Minister of Iceland has asked the President to dissolve parliament after allegations he concealed millions of dollars worth of investments in an offshore company.

Belize Offshore Formation Ltd. specializes solely in offshore company (IBC) formations.

On 18 February 2013 the Minister of national Revenue moved ex parte for an order under section 231.2 (3) of the Income Tax Act, authorizing him to impose on KPMG LLP a requirement to provide information relating to certain of its unnamed clients, including their identities, and documentation relating to their participation in an offshore company tax structure.

Not exact matches

Hundreds of thousands of offshore entities and shell companies connected to over 200 countries and territories appear in the papers.

Over the years Alfa has come out on top in bitter power struggles even with people closely linked to Vladimir Putin: it defended its telecoms empire against Leonid Reiman, Putin's communications minister, who ultimately left the government after a string of disclosures about his links to an offshore company.

TMS is focused on the Australian offshore oil and gas support industry and was acquired by labour hire company Integrated Group in 2002.

And companies considering transacting in the Chinese currency could have an easier time if plans for an offshore renminibi hub in Vancouver are realized.

Where does that leave other offshore companies, notably Korea Gas Co., Mitsubishi and Petronas, that have invested lesser but still impressive sums in B.C.'s shale fields, almost certainly for the purpose of eventually importing LNG back across the Pacific?

The cap: Under the Canada Oil and Gas Operations Act, the company that gained approval for offshore drilling work is liable in the event of a blowout.

Trump has also threatened to levy a tax on companies who move manufacturing offshore and sell back in the U.S. market.

Oil and gas company AWE has sold its stake in the Cliff Head offshore oil project to Elixir Petroleum, for an upfront payment of $ 1 million.

Perth exploration company Black Range Minerals intends to raise $ 2.1 million in capital through a placement and share purchase plan to fund its offshore projects.

MMA Offshore has reported a dramatic slide in half - year profit as the marine services company faces challenging conditions in the offshore oil and gas industry.

In June, Beijing's banking regulators ordered a group of lenders to assess their exposure to offshore acquisitions by a handful of companies that have been on overseas buying sprees, including HNA Group, Wanda Group, Anbang Insurance Group and Fosun International Ltd..

The plan would open the door for drilling in areas far beyond the U.S. epicenter of offshore drilling in the central and western Gulf of Mexico, giving oil and gas companies the opportunity to explore areas left out of leases for decades.

In the past, the company has attracted attention from labour rights and other non-governmental organizations who were critical of the way it ran its offshore sewing facilities.

Richard Sawaya of the National Foreign Trade Council estimates the provision in question could force American companies to exit more than $ 100 billion worth of offshore oil and gas projects worldwide.

At the time, most of Gildan's production was in Canada, but executives realized that if the company was going to be successful, it was going to have to reduce costs — by going offshore.

The company holds $ 181.1 billion in offshore profits, more than any other U.S. company, and would owe an estimated $ 59.2 billion in taxes if it tried to bring the money back to the U.S., a recent study based on SEC filings showed.

The corporate trail leads to a clutch of other «Euro Forex» companies in Britain and New Zealand, held in the names of company formation agents, nominee directors, or offshore shareholders.

The fall in global commodity prices has also hurt the company: Cheaper oil, for one, means that offshore drillers have less need for General Cable's heavy - duty products.

Although it's not illegal to have an offshore holding company or assets that are held in foreign accounts, most countries require politicians and other public figures to declare their holdings.

5) Dilution: Although Apple has a large cash pile, most of that is held offshore, and therefore the company would likely have to issue debt in order to acquire Netflix for $ 50 billion.

Of 300 offshore shell companies identified by Reuters, 22 would typically have been required to have published the beneficial ownership information by now because their reporting dates fell in the weeks since July 1, when the rules came into force.

The leak led to a series of high - profile scandals, including the resignation of the Prime Minister of Iceland after it was alleged he had hidden millions of dollars - worth of investments in an offshore shell company.

Mainland companies heading offshore could find the requirements onerous because they lack experience in the area, according to EY tax partner Travis Qiu.

In a troubling sign of escalating tensions, dozens of Chinese ships confronted Vietnamese coast guard boats approaching an oil rig deployed by Chinese offshore oil company CNOOC in waters claimed by both nationIn a troubling sign of escalating tensions, dozens of Chinese ships confronted Vietnamese coast guard boats approaching an oil rig deployed by Chinese offshore oil company CNOOC in waters claimed by both nationin waters claimed by both nations.

An additional benefit of Cameco's offshore arrangement is that as the company racks up losses in Canada, it also accumulates tax loss carry - forwards.

The massive international project involved approximately 400 journalists across 75 countries, plowing through roughly 11.5 million documents from a secretive Panamanian law firm specializing in creating offshore holding companies.

Having these at your disposal enables scalability and a sense of company presence in your offshore region.

And using offshore accounts or holding companys aren't particularly effective methods for shielding income for tax purposes (since offshore accounts are subject to a whole whack of anti-avoidance rules and holding companys are typically subject to more or less the same tax rate as people in the top marginal tax bracket - the Tax Act has tightened up a lot since the 1960s so there really aren't that many «loopholes»).

Dear Mark, i do believe in entrepreneurs as i am one of them.I curently operate a dental laboratory in California, that needs funding.I am in the procces of attracting business from dentists i work with through direct mail and telemarketing.I'm setting up a small offshore office to do the marketing part since the overhead is to expensive here.But the manufacturing of the finished products will be done in the USA creating jobs through production.A lot of manufacturing work is done offshore but through line production i'd like to keep the most in here.As an immigrant to this country i'd like to suport it to get back in shape financialy for the future of my childrens.I am also copying an idea i have seen at a large company i used to work.I'm in the process of setting up 2 other companies that will compete with my existing one but since they will be providing same products at different prices will atract different type of clients (dentists).

The sale would come as the offshore sector continues to struggle with low oil prices, and oil exploration and production companies focus investments on lower cost shale fields onshore, particularly the Permian Basin in West Texas.

In a report Tuesday, the research firm IHS Markit said that the world's biggest oil companies have divested offshore holdings and become less active in acquiring new tractIn a report Tuesday, the research firm IHS Markit said that the world's biggest oil companies have divested offshore holdings and become less active in acquiring new tractin acquiring new tracts.

CHAMP's Accolade investment was in the firm's third fund, which also includes investments in offshore drilling company Shelf Drilling and chemicals manufacturer and distributor Axieo.

We've developed a very high - tech manufacturing process that's enabled us to build it at our facility in Waterloo, Ont., at a cost that's not too much higher than doing it in Asia or someplace else offshore, like most companies would.

Rosneft, a sanctioned Russian oil company, controls a 32.67 percent stake in the 230 - mile long pipeline that connects fields offshore to terminal and storage facilities onshore.

Johnson & Johnson has about $ 16 billion in offshore cash, of which around $ 12 billion is set to be repatriated as a result of the U.S. tax overhaul, executives said on the company's earnings call on Tuesday.

In August, I was invited to join a «global opportunity panel» in London jointly hosted by Danish think - tank the Monday Morning Global Institute and DNV GL, a company that provides expertise on technical standards and risks in relation to ships and offshore structureIn August, I was invited to join a «global opportunity panel» in London jointly hosted by Danish think - tank the Monday Morning Global Institute and DNV GL, a company that provides expertise on technical standards and risks in relation to ships and offshore structurein London jointly hosted by Danish think - tank the Monday Morning Global Institute and DNV GL, a company that provides expertise on technical standards and risks in relation to ships and offshore structurein relation to ships and offshore structures.

It had about $ 252 billion in offshore cash reserves as of the end of September, the largest of any US company.

That cash remains offshore, but Apple, which paid more than $ 6 billion in taxes in the United States last year on its American operations, could still have to pay federal taxes on it if the company were to return the money to its coffers in the United States.

OFFSHORE COMPANIES (INTERNATIONAL BUSINESS COMPANIES) is a company which does not carry out any substantial business activities in its country of formation and is framed in a law of no tax jurisdiction for the purposes of legally reducing any kind of tax payment and enhancing one's wealth management.

Mr. Balding cited the downward pressures that have been building on the Chinese currency in the face of outflows, as citizens and companies rush to get their renminbi offshore and convert it into more international currencies, like the dollar.

This net position in turn consisted of foreign currency asset holdings equivalent to about 20 per cent of GDP, with more than three - quarters of this in the form of equity investment (including direct investment by multinational companies in their offshore operations).

If the firm does manage to capture much of the American market, will other companies take their token offerings offshore to avoid the fundraising limitations inherent in an Indiegogo sale?

Companies like Microsoft, Alphabet and Cisco also shifted their profits into offshore shell companies, avoiding billions of dollars in taxes, and are now in a better position to bring the moCompanies like Microsoft, Alphabet and Cisco also shifted their profits into offshore shell companies, avoiding billions of dollars in taxes, and are now in a better position to bring the mocompanies, avoiding billions of dollars in taxes, and are now in a better position to bring the money back.