Paradise Papers: Tax haven secrets of ultra-rich exposed - BBC News

[@garyabbot4659]

Nothing new. People prefer to focus and benefit cheats rather than mega rich crooks.

[@Bambotb]

Rich doesn't mean crook you dumb ass

[@SabreChris18]

oh, its legal. I feel so much better now ...

[@lepenseur8242]

Avoidance was already legal only evasion was illegal.

[@mikede2331]

But morrally wrong so ita not good but it's fine lol

[@LordTantrums007]

Put the Queen in prison for tax dodging LOL

[@TerryCrodgedy]

Dave Long .... take your head for a shit

[@dreamadillo]

Ha. Except that legally she’s not obliged to pay tax. She does it voluntarily.

[@jseven9868]

Daniel Mar Everyone pays when external businesses are involved.

[@jseven9868]

H. A Cruel is starving the UK of £16million for collapse of Threshers. Also coming from the values of Henry Viii, certainly not cruel lmao. She can go.

[@marcoantoniogodoy9526]

Blessings and long live for Her Great Majesty the Queen Elizabeth II She is over the British laws, her royal bahauvior is correct, ever The prison is only for the subjects but Her Great Majesty the Queen is over all the laws

[@pallavkumardev]

Children's are dying of hunger and these people..........Ooo God

[@lolalou3352]

pallav kumar dev yes!sad

[@xd3athxjosh867]

I know right. This is awful......

[@angelsantos7033]

@High Plains Drifter fuck u too

[@lucasclift3196]

Fuck the Queen and Prince Charles. I'd bet they've fucked to keep that "Royal Blood line" going.

[@davinasmith1901]

*shame on the tax dodging queen*

[@robertnolan8187]

Davina Smith s

[@neobe195]

Davina Smith do you understand the law? She does not have to pay tax. But she does willingly.

[@annabelgrace1267]

@@neobe195 So? Can you not see the implications of her actions on the poor? Did you not watch the video?

[@mlindenigumede7598]

@neobe so if Epstein's girlfriend (Elizabeth) doesn't have to pay taxes, why do I have to?

[@madpatriot4608]

Make them all pay back taxes on what they earn, maybe we can balanced the budget on their respective countries.LET us make PARADISE feel like HELL

[@allthefail7274]

Credit to the people who investigated and followed through on releasing this report

[@joshuabuckley156]

hope it's not like the Panama papers that never really went anywhere

[@debodatta7398]

joshua buckley it depends on how outraged the populace gets... In Iceland when the panama papers hit bankers were actually arrested, things actually changed there and can where you live as well be proactive about it

[@zubairmohammed4918]

In Pakistan the Prime Minister was removed because of Panama Papers and now is facing accountability court cases

[@GplusOKnameHERE]

It really depends on how long the citizens in each country are willing to bury their heads in the sand and ignore the truth. There is a tipping point. The question is when, and the unfortunate reality that the longer it takes the more it will cost, not in money but freedom. The very rich and in control rely on the narratives that divide and cause strife between everyone beneath them economically. Simply put, those in power want people to fight. As long as we have conflict with each other, it allows them to get away with the agenda that has been pushed for ages. They distract us from their controlled expansion with inflated disputes amongst ourselves.

[@adetola1000]

def like the Panama papers, this aint going nowhere.

[@spacedelete1571]

exactly. the elite know most people are racist troublemakers who always have to cause problems for anyone who isn't white not realising the real enemy is the government itself.

[@mesutozil3694]

Its good that Panorama is finding out these secret documents however unfortunately nothing will ever get done. We the hard working people have to pay for it

[@MadnessQuotient]

Constructive criticism: Why not pick a single currency and stick with it? Saying that there was £10M of investments and $7.5M offshore sounds like far more was offshore than actually was. Especially in a follow on sentence. Sure it might be accurate, but at the same time it's misleading to the average viewer. If accidental it shows a lack of thought. If deliberate it demonstrates bias and spin that the Corporation pretends not to have.

[@bencrawshaw1227]

Tax avoidance is illegal.

[@EmReCanadien]

Throw all these criminals where they belong PRISON!!

[@JonDorsett]

Throw them in jail when it is not illegal to save your money and invest it LEGALLY for greater returns? And in a British colony? Clamp down on your own colony? Murder took place on Black-friar's Bridge IN ENGLAND and no clampdown? Report what goes on in Britain. Report what goes on in the Vatican and leave the Queen. The high standard is it is not criminal nor illegal

[@darrenmclaughlin3028]

And chick away the queen

[@AekAmir]

I liked how the "Royal correspondent" implied that the Queen was not aware of how her money was managed.

[@marceldagenais1893]

The Royals are full of shit.

[@MilesBellas]

Every person should be subject to the same regulations.

[@justsomekid33]

GET THE ROYALS OUT. REPUBLIC UK.

[@reecewalker6012]

who's up for civil war ! Lol

[@ABanRocks]

reece walker if there was a civil war I would fight for the queen.

[@justsomekid33]

Sad. She wouldn't fight for you. Sheep.

[@subhambhattacharjee4826]

Lithium Atom Or United Colours of Benetton

[@erwannleligerien3771]

The Commonwealth of England, Wales and Northern Ireland.

[@fishfake]

Buckingham Palace to get £369m refurbishment.Funding for a multimillion-pound refurbishment of Buckingham Palace has been approved by MPs.money will come from the British taxpayers

[@garettjames6349]

What does it matter that the Royal family has accounts offshore? All the money they have is from taxes in the first place isn't it? It's not like they're working or running businesses and need to pay taxes.

[@_zaldivar2590]

No more royalty.

[@benjaminbirdsey3281]

I wouldn't be too worried about the Queen. The more money she makes, the less money that the citizens of the UK will have to pay her to maintain her estates, right?

[@wli2718]

....um.... the Queen is not legally required to pay tax. so... tax avoidance is a moot point

[@RovingRoy]

"Only the little people pay taxes." --the late hotel magnate Leona Helmsley

[@jpizzlepiz2731]

And the uk call people who are on benefits a drain to society but these rich tax avoiding individuals, multinational companies, ploiticians and the royal family are draining far far far more than any benefits system for people who are in hardship and financial distress, it is disgusting and shows where the true problems of our country stem from and it is NOT poor people!!!

[@halleluja200]

one of the reason to keep money in offshore tax free banking is to not to reveal how much they stole from the goverment from their own people. Make Universal Basic Income available for all the people on earth

[@sherlockh22]

People slag off the BBC but I bet you won't see this reported anywhere else.

[@injusticeanywherethreatens4810]

CBC in Canada just talked about this very topic. We gotta tax these billionaires based on their wealth NOW!

[@LordTantrums007]

Time for the monarchy to be asset stripped and Britain to become a Republic

[@MrMisanthrope_]

They bring in much more money in, though

[@achmedzuzali7279]

Never gonna happen u stupid shit I HOPE U GET ARRESTED 4 WANTING A REPUBLIC

[@jamesgrey785]

We already a banana republic run by psychopaths

[@achmedzuzali7279]

They are royalty they are supposed to have more money than all of us I DONT SEE THE PROBLEM

[@achmedzuzali7279]

Mr. Obvious The Fifth well said

[@FellowTravelerVlog]

How is tax avoidance not illegal? Wtf?

[@injusticeanywherethreatens4810]

The very people who make laws on tax avoidance avoid taxes too... so...

[@elly5156]

"...placing her money offshore"...like she didn't know and no responsibility on her!???

[@vickypedias]

lololol ashcroft went into the bathroom to hide from the questions LMFAO!!!!! almost died of laughter

[@allamericandude15]

I hid my money overseas. I wrote a cheque and buried it at the beach when I took a cruise last year. Now I don't pay taxes. It's pretty sweet.

[@FRISHR]

Wow even the Queen doesn’t care about paying taxes for her country.

[@AndrewTGreen]

Well done Lads!

[@beth-bi9yv]

"Don't go there man, don't go there" ......best line of the report!!!

[@bloodhun23]

The connection between Wilbur Ross and Sibur is huge, Since 2014, Ross has been the vice-chairman of the board of Bank of Cyprus PCL, Ross is an old friend of Trump's and the current commerce secretary. This directly connects another long term associate of Trump to the Russian mafia.

[@outlawJosieFox]

Why would the queen or Charles pay fair tax ? It's not as though the money is used for schools , hospitals or social services or anything now is it!?

[@orlandotrustfullandhiscosm4110]

OMG! Comments are actually enabled! Well what we gonna do anyway? The problem is as old as man.

[@crimsoncorsair9250]

Adam cooper abolish the monarchy, apparently

[@orlandotrustfullandhiscosm4110]

Well even if we had no monarchy we'd be fucked over by whoever would become the President. President Blair, imagine that?

[@jamesgrey785]

They don't give a fuck what you write

[@orlandotrustfullandhiscosm4110]

Well its not as if the Royal family has no power or influence whatsoever. Im sure if they really wanted something from government they would get it. And im not even talking about the death of Princess Di, Philip and Charles seemingly little criticism for having close ties to Jimmy Savile etc. Im not against a monarchy if there decent people such as William and Harry who add value economically to the country. However just about the rest of them have been corrupt and very much above the law.

[@GeorgePapageorgakis]

Why are there so many videos on paradise papers removed from youtube. wtf? At least this is BBC... they cant remove it...

[@possession2]

Since when has dodging tax not been illegal?

[@annjuurinen9484]

To be this wealthy is a sin. A sin against the self. A sin against others. It is easy to get dirty.

[@vavaleo8316]

Great work ! Thanks for the appetizer , we want to know more!!!!

[@invisiblehandofadamsmith]

I want to pay 0.04% of tax as Queen Elizabeth

[@sweiland75]

Brits just learned the hypocrisy of supporting the lavish lifestyle of a monarchy.

[@smooth_sundaes5172]

Not all Brits are so naive about the illusion of aristocracy but Britain IS a Monarchy and its citizens ARE subjects. Never be deluded that Britain is truly a democracy while we have a House of Lords and Royal privilege to overrule the voices of the people.

[@marvantony9655]

Wow, what a world we live in.

[@injusticeanywherethreatens4810]

Wow they actually enabled comments?

[@MRSTEEL15]

Where the heck s Robin Hoodia when you need him?

[@ricklujan8670]

Crawford is absolutely correct... I am also not interested in the Queen of United Kingdom... she doesn’t deserve... s.. t ..!!! either does PM Cameron ‘s father

[@maconhio]

Anyone remembers the punishments as consequence of the Panama Papers? Yeah, me neither...

[@nathaliedufour3891]

You can never be too rich or too greedy

[@MayurPanghaal]

Her advisors never imagined it would leak out.Simple.Thts how all crime starts.

[@captainamerica9028]

I'm getting back to the custom of bowing to the royals. I have a picture of the Queen hanging in the home and bow to her majesty 3 times a day. It's time we start showing some patriotism for our rulers like they did in the past. If you have bad knees and can't bow, doing the curtsy will suffice.

[@loktom4068]

She has the RIGHTS for not following her own nation's tax laws fools. Oops! I meant folks.

[@briankoski2532]

Good job on the investigation. Keep it up.

[@maliksaadnoman]

This is how rich get richer and poor get out of the game.

[@saltymonke3682]

Nothing is illegal for putting your money offshore. And Bermuda is British Overseas Territory, so actually it's still inside her realm. Same thing if she put her money in New Zealand, BVI or Guernsey for lower tax rate.

[@CarFreeSegnitz]

Space Monkey "Nothing is illegal..." then the rules suck. It may be legal but it is morally bankrupt. Citizens are asked to contribute to the smooth running of their nation. The vast majority do so even if they complain a bit in the process. In exchange government provides roads, military, legal system, schooling, healthcare, social security. The wealthy benefit from those same institutions for their businesses to run smoothly. The difference is when the bill comes, when the wealthy are asked to pay their taxes many have chosen to skip out. They'll justify their action with "they got enough already" or "I don't get enough value for my taxes". But they're wrong. Firstly deficit spending clearly shows the government has not collected enough taxes. Secondly the wealthiest have patently received the greatest benefit from the smooth operation of the nation. By skipping out on their taxes the wealthiest are sticking everyone else with the bill and future generations via deficit spending.

[@saltymonke3682]

Lenard Segnitz “Some see private enterprise as a predatory target to be shot, others as a cow to be milked, but few are those who see it as a sturdy horse pulling the wagon.” Winston Churchill. Sure everybody should pay tax. But you should pay your tax "wisely" and plan your tax ahead.

[@2handsandwiches]

It's trillions, not millions, fake news

[@christian7147]

All these kings and queens, get out of this century! Finance your own luxurious lifestyles and stop living on tax money!

[@isejingu4120]

Damn, the Sherlock Holmeses in the news business must have worked around the clock to discover this obscure truth.

[@GetToDaChoppa-k5r]

Well done BBC. Top journalism. Keep it up!

[@AtheistEve]

12:29 What do you mean, Nick, "Her money"? All those lands she uses to generate income should be part of the UK's commonwealth. Put her on the national minimum wage and see how far to the Cayman Islands she can get.

[@CarFreeSegnitz]

JE Hoyes If she saves her pennies she aught to be able to afford a row boat. She could get her no-talent grandsons to man the oars.

[@mrdeadyshot5572]

Done fucked up

[@Matt369oi]

Who else is here in 2020 and realized they swept it under the rug?

[@randyjax09]

Damn, even the BBC is going after the queen?? Now I’ve seen everything! 😆

[@madpatriot4608]

I guess it wasn't enough for the queen to mooch off her subjects ,that she had to resort to tax havens in order to keep more shame on you great example for your loyal subjects.Look forward to see her play the I knew nothing

[@bewareofthedeceiver]

Nice going reporters

[@LordTantrums007]

The Royals and Lord Ashcroft tax dodgers LOL.

[@dipojones]

REMINDER: If regular citizens are caught avoiding tax payments, they go straight to jail.

[@dubmeisterdeluxe]

Just my 2c worth maybe its time the average self employed person eg amazon delivery drivers, Uber drivers, air bnb hosts, zero hour self employed wage slaves etc, had access to the same information necessary to utilise these structures. After all if its not illegal why cant we all benefit? its the lawmakers that make these loopholes and they are complaining they dont get enough from their employers ie us!

[@sanansa4567]

the wealthy do the same in the United States. I remember hearing decades ago about PGA professional golfers geting special coupon/reimbursements for jet fuel for their private jets (I guarantee not all of those trips were work related). Also Private Country Club memberships used to be a tax write off in a lot of cases (not sure if that is still the case). Another scam in certain areas, is when you purchase a mansion on a large estate, if you have a couple pets that can be classified as 'farm animals' or a bee hive, then they declare their property is for agriculature purposes (or they lease out small plots for people to grown garden vegetables for personal use)..by doing this they pay $500 property tax, instead of the tens of thousands of property tax they should be paying given the space/value of the property. it's a complete scam. Property taxes are used for roads/bridges, police/fire, schools/teachers/admistration and a lot of other services/instracture. The wealthy can afford the best tax lawyers to look for any and every tax loophole possible..

[@captainamerica9028]

Some heads are gonna roll over this story, because the Royal family owns BBC. That's a no no to write bad stories about the Queen.

[@dongmingim]

I've never ever share the bottle of red wine with chruch of England.

[@dongmingim]

That's a love story....

[@nunyabiznez6381]

To put this into perspective, less than 2% of the assets of the Duchy of Lancaster consist of tax haven investments and the Duchy of Lancaster is a fraction of the Queen's total holdings. The queen is not legally obligated to pay any taxes at all but she volunteers to pay taxes on all her income anyways and that tax far exceeds by more than 50 fold any tax that might have been avoided. This would be like you owing no tax because you only earn 170 pounds a week but you volunteer to pay 33.35 pounds a week in taxes and suddenly the tabloids complain because they think you should have volunteered to pay another 65 pence in tax you don't owe. They are attempting to make something out of nothing.

[@krisballard541]

The Paradise Papers is an even bigger story than the Panama Papers.

[@walterbishop3668]

Little guy working his ass off in the warehouse is paying 20 percent tax

[@johnf4279]

No surprises here then. The rich , including 'queen' have different rules to us.

[@FantasiusTriton1993]

Appleby should get the Nobel Prize for this

[@Smitty1714]

Hey @BBC, I'm a Bermudian who currently lives and works in Bermuda and I would like to know what 0% tax rates you are referring to? We pay almost $9 a gallon for gas, $7 for a loaf of bread and $8-$10 for a box of cereal. If tax isn't included in that then I don't know what is lol.

[@Jaxymann]

Depressing stuff. Just goes to show how different life is for the rich and powerful. One rule for them, and one for us.

[@शिवप्रमति]

SHame on queen.

[@ahmedzahir2865]

The tax rate in the UK is at 19% which is ridiculously high. Business men/women all over the world choose to set up business in the U.K. which means through investment a lot of money comes into the U.K tax system. However there still remains problems in the health sector, housing, education and low employment. With such a high tax rate and a reputation as one of the worlds leading business nation, one wonders why these problems persist? and why the tax rate is ridiculously high? The BBC and panorama should also investigate where all this tax money is going because its clear as day that not all tax money collected goes into public welfare. The Duchy of Lancaster belongs to the crown. Not the queen personally. So any investments or offshore money deals they make are nothing to do with the queen, therefore she is not to blame. In regards to Lord Ashcroft, he technically hasn't done anything illegal or immoral. If indeed so much tax money is not going into public welfare, one also wonders what we are funding? Weapons manufacturing? Or pointless wars abroad perhaps? I don't know. In Lord Ashcroft's case, he is lucky to be in a position to decide not to contribute to such a ridiculous amount of money collecting. The middle and working classes in the UK should question the actions of the tax collecter and law makers instead of chasing the rich around with accusations, forcing them to hide in toilets. This news report seems one sided and ignorent. The bbc should really think how this report damages their reputation but, they've never really cared about that have they.

[@mspduk]

Corruption is the only road to vast amounts of wealth.

[@lostonearth7856]

Why does the Royal Family even have an offshore tax haven? I mean England is their tax haven is it not? I mean the Queen isn't even legally required to pay taxes and they have a offshore tax haven? I mean like why?

[@biggijameson3922]

Who doesn’t want to hide tax? I certainly do!

[@jiashengfan9039]

good job,keep it going

[@allin2614]

Great work

[@Michelle_Schu-blacka]

A large part of this story is promoting a BBC TV show. That said, 'tax avoidance' is just a legal version of tax evasion made possible by deliberate loopholes that only a certain few can exploit.

[@saltymonke3682]

Nakoruru The Extra Terrestrial you can exploit it too, nothing fancy

[@dustintacohands1107]

6:35 i love it this is why the world need media and news networks i LOVE IT

[@Bambotb]

Scroungers want people's money lol fuck off

[@elo5193]

If I understand correctly, this report said that Ross and Timchenko both hold shares in an investment. So what? When you buy shares of a company so can hundreds of thousands/ millions of people. Doesn't mean you know who everyone is or are responsible for who they are. Correct me if I'm wrong, but the way I understood it and the way it's portrayed seems dramatic and idiotic.

[@freedomofmotion]

What a surprise! Said no one.

[@jasminejeanine2239]

The fact that tax avoidance in Britain isn't illegal says alot (unlike America were it IS). Then again Britain controls over 40% of the offshore market and MOST shell companies as places like the Caymans are British territories.

[@sanansa4567]

You must not be from America. In the United States they allow corporations to avoid taxes by moving their Headquarters and/or to another country (many companies do this to evade taxes AND also to benefit executives pay/bonsues).

[@AlvinLee007]

Merry Christmas! -Appleby

[@lesliearmstrong1468]

I don't think it's any different in the US.

[@3506Dodge]

I haven't used the world "consortium" used in many years.

[@kieranpgray]

Can we trust the BBC to honestly report about the queen?

[@nohandlegoldk]

Ladies and gentlemen, I present to you, the REAL enemy.

[@kingraghavsahni]

Is it illegal? No. Stop it.

[@JK_JK_JK_JK]

😱 What The Actual FK!!! 😱

[@sarah7755]

Is the Queen even suppose to pay tax? I thought she just collected.

[@dougharrison7844]

Ohhhh yes of courrrse the Queen knew nothing of such matters, it's all very emarrasing of course, she sets such an exsample by being voluntarilary taxed on her private income provided to her by British taxpayers. Britain should gone the way of America centuries ago and abolished the Monarchy.

[@markhamilton3215]

Corruption everywhere

[@ProcrastinationMaster]

Legal doesn't mean ethical

[@Mathenix]

When news embraces and follows Ryan Higas classic video twist plots pattern, this is what happens (making the weird connections).

[@techserve4453]

Wait just one moment! The Queen also donates millions to charities throughout the world. The Royals are key to the success of the UK. You have to understand the big picture.