Offshore (1979) is a novel by Penelope Fitzgerald. It won the Booker Prize for that year. It recalls her time spent on boats on the Thames in Battersea. The novel explores the liminality of people who do not belong to the land or the sea, but are somewhere in between. The epigraph, "che mena il vento, e che batte la pioggia, e che s'incontran con si aspre lingue" ("whom the wind drives, or whom the rain beats, or those who clash with such bitter tongues") comes from Canto XI of Dante's Inferno.
"Offshore", when used relative to hydrocarbons, refers to an oil, natural gas or condensate field that is under the sea, or to activities or operations carried out in relation to such a field. There are various types of platform used in the development of offshore oil and gas fields, and subsea facilities.
EconomistPeter Schiff says the only enforcement success of the Joint Chiefs of Global Tax Enforcement (J5) is its “failed” action against his bank, allegedly aimed to “put a stop to the suspected facilitation of offshore tax evasion.” Schiff stressed.
Today, it’s also inspiring a highly promising industry — offshore wind energy — that could help U.S. coastal states harness new tax revenues to invest in coastal infrastructure and resilience while advancing the country’s transition to a clean energy economy ... offshore wind project ...
recent signs from the revenue service point to an incoming tax on crypto ...On November 29th, the government issued a statement named, unambiguously, ‘Pay tax on cryptoassets’ ... CARF will provide for the automatic exchange of information between tax authorities on crypto exchanges for the purpose of combating offshore tax avoidance and evasion.
Investment management firms have seized on a variable capital company (VCC) scheme launched in Singapore in 2020, similar to those renowned in offshore hubs like the Cayman Islands and Luxembourg that provide tax and legal shelter for hedge funds, venture capital and private equity firms, among others.
According to investigators, Banque Pictet and its parent company, the Pictet Group, used “a variety of means” to help American customers evade taxes, including allowing offshore entities to open undeclared accounts and allowing clients to open life-insurance accounts in names other than their own.
These companies run their businesses on remote servers, use offshore accounts which are banned by the government, and don’t pay tax even as they advertise in India. Games of skill – which include real-money games – are regulated by the union government while games of chance are regulated by the states.
income tax on offshore income) self-reports the tax fraud (including a pattern of non-filed returns) through a domestic or offshore voluntary disclosure�before the IRS has started an audit or criminal tax investigation / prosecution, the taxpayer can ordinarily be successfully ...
“If men were angels,” James Madison wrote in Federalist 51, “no government would be necessary.” Similarly, if men were angels, we wouldn’t have to tax unrealized capital gains ... Consequently, it’s necessary sometimes to tax their unrealized capital gains.
the Colombian president met with a group of blockchain proponents, the Brazilian Senate passed a law taxing investments in foreign exchanges, and the Fintech Chamber proposed a tokenization framework in Argentina... Law Taxing Cryptocurrency Purchases Made Using Foreign Exchanges.
Brazilian largest private bank, Itau Unibanco, has made its foray into the cryptocurrency space ...Brazil's Evolving CryptoLandscape. Brazil's financial landscape is poised for a significant transformation following the Senate's approval of legislation proposing a 15% income tax on offshore crypto gains exceeding $1,200 ... ....
Additionally, eligible firms enjoy exemptions from capital gains tax. It’s crucial to note that Madeira positions itself as a regulated space, subject to thorough audits by both national tax authorities and the European Commission, dispelling notions of being an offshore haven.
"The market stands out as one of the few that have implemented auctions, feed-in tariffs, net-metering schemes, tax incentives, and a strong target for renewable energy," BloombergNEF said. "Moreover, the country's release of an offshore wind roadmap and having no foreign ...
The global offshore wind industry has been hit with what some are calling a “perfect storm” of economic challenges ... continues to build out the offshore wind energy we need — enough to provide clean, domestic power to millions of homes and good jobs to hundreds of thousands of workers ... Broad access to IRA tax credits for U.S.
... for Labuan Island to be designated as a full-fledged offshore financial centre and for clear policies for offshore enterprises to be established, aiming to attract international investors with tax incentives.