Speaking of Kings . . .

What Was Learned from the Shipping Kings in October?

Paul Martin's sons were supposed to have been questioned in October, in time for a fall election or has that died a natural death . . . a political death?

More trouble for Paul Martin June 23, 2005, Angry in T.O. / and
http://
bendgovernment.blogspot.com/

[Canadian Steamship Lines] has been the greatest source of Paul Martin's significant wealth and we've always known that our Prime Minister pays his corporate taxes to a foreign country, at a tax rate of about 2%, to avoid paying into social programs as a corporate citizen. Now his sons, which hold the company in a "blind trust" have been called before the [Standing Commitee on Finance] to answer its questions concerning CSL.

One comment following:

Name me one country in the world, except ones run by a dictator, who would elect as their leader someone who refused to pay taxes in the country he wants to lead. . . . Not only does he avoid paying taxes in Canada he also lines up at the trough to the tune of 200 million in non refundable tax payer grants to his company CSI. What a joke. . . Barrie McClarty

CBC -- "explain how their father's steamship line business takes advantage of tax havens in Barbados"

I have read that what shipping companies such as CSL do to minimize or eliminate taxes in such a competitive business is a legal business practice so . . . why doesn't everyone take advantage of this? What is the cost of setting up a business with . . . is it a head office (presence? logo on stationery?) in a haven such as the Barbados? Could we save the trip and turn Canada into a haven? . . . Not a good idea? Someone explain this -- the how and why for those without enough money to contemplate . . . much of anything beyond wishes . . . a most comfortable position, however, since one avoids the Christmas rush. It's an ill wind . . .

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