Gibraltar: A Tax Haven not a Nation

Hits: 956

Gibraltar is famous for its 426m high limestone ridge and tax haven status. It is also famous for having Europe’s only wild population of monkeys – all 320 of them. It boasts a total area of just 6.8 square kilometres or 2.6 square miles, a total area approximately one third smaller than Bicester Village Shopping Mall in Oxfordshire. Most of the population of this peninsula live in flats, crammed on land at the base of the rock where around 12% of the workforce is employed by Gibraltar’s big online gaming industry, who are there to evade taxes – quite legally of course. There is no inheritance tax, no VAT, no capital gains tax and low income and corporation tax. GDP is approximately $2 billion dollars, or 300 per cent per head of the average British citizens output back home in good Old Blighty.

Gibraltar even has its very own Mossack Fonseca offices; the very same company involved in the global Panama Papers scandal

OffshoreCompanyFormationPro is a company that offers company formations, and by the looks of it, mainly to Russian clients. It boasts that

Gibraltar as a tax haven provides excellent and proficient non-resident company services. Tax haven Gibraltar has all the characteristics of a good tax haven whilst offshore clients can be guaranteed that they will save on tax and at the same time receive asset protection.”

By TruePublica Editor

***

It talks like a tax haven, it taxes like a tax haven, my guess is – it’s a tax haven!

There are 32,000 Gibraltarians organised into 11,400 households. Extraordinarily there are more registered companies than households, including 8,464 registered offshore companies.

The Government of Gibraltar’s own website is notably candid about its tax haven activities. It urges you to establish there so you can take advantage of:

Highly-developed business services infrastructure where it is possible to passport an EU licence in financial services such as insurance and re-insurance, EU-wide pensions, banking and funds administration, amongst others.

Distribute competitively priced VAT-free goods and services to the markets of the EU and Africa.

Conduct business in a quality low-tax jurisdiction with a profit oriented capital base at low levels of corporate tax, all in a stable currency with few restrictions in moving capital or repatriating dividends.

It is no wonder Gibraltar voted 96% pro-EU. Its entire economy rests upon the use of its anomalous status to undercut the tax regimes of genuine EU members. Remarkably for a population the size of Ramsgate, there are 17 registered banks in Gibraltar, including Credit Suisse, the money laundering giant raided by combined European police forces yet again yesterday, and RBS/Natwest’s tax avoidance entity.

Gibraltar was occupied by England (yes, England) in 1704 when it was sacked by the Hessian Prince George (wry smile Hessian – sacked) and 90% of the Spanish population fled after being subjected to mass rape.

The Brits have been all over twitter this last 24 hours shouting that Gibraltar was given to Britain “in perpetuity” by the Treaty of Utrecht of 1713. Thankfully the world has changed since 1713. The Treaty of Utrecht also gave Brazil to Portugal, much of Italy to the Hapsburgs and gave Britain the monopoly on the shipping of African slaves to South America. Thankfully none of those turned out to be perpetual and the British occupation of Gibraltar is equally immoral and anachronistic. That the Foreign and Commonwealth still quotes the Treaty of Utrecht is evidence of the moral bankruptcy of the British government’s position.

There is a key point here. Empires cannot cloak their continued Imperial possessions under the “right of self-determination” of Imperial client populations. Still less is there a “right of self-determination” for an entire Imperial client population to leech off tax avoidance activities by virtue of their Imperial possession status. The right of self-determination does not apply to the colonists of Gibraltar, who like the Falklanders are an introduced Imperial population – contrary to myth the large majority of Gibraltarians are not descended from the original Spanish population. Gibraltar is plainly listed by the UN as a Non Self Governing Territory. Self-determination is not applicable in international law. UN General Assembly Resolution 2353 specifically asserted that Gibraltar is a colony which impinges on the territorial integrity of Spain and thus on Spanish right to self-determination, and that a referendum of the colonial population could not change that.

Britain’s fervidly jingoistic attempts to hold on to its remaining colonies are pathetic. I have a memory as a very small child of watching Rolf Harris on TV dressed in union jacks singing “Please Don’t Alter Gibraltar” to the tune of Land of Hope and Glory. Google has just reassured me this really happened and was not a nightmare. I now realise from the timing that was a riposte to the UN General Assembly discussions. That it was Rolf Harris gives the perfect pointer to the grossly immoral British position on Gibraltar.

Ironies abound.

Irony 1
It is the Little England Brexiteers who are frothing at the mouth over the EU saying it will take heed of Spain’s position on Gibraltar – despite the fact the Gibraltarians voted 96% in favour of the EU. They cry, how dare the EU take into account the position of the United Nations and of its member state, Spain, against what will be a non-member state? Who could have seen that coming?

Irony 2
Gibraltarians of course voted in favour of the EU in order to benefit from the opportunity to continue undermining EU tax regimes.

Irony 3
The Daddy of them all. The Britnats who crowed repeatedly at Scots, extolling alleged (and improbable) Spanish desire to veto Scottish EU membership, are shocked, shocked that Spain may veto a Brexit settlement over Gibraltar.


Originally published on 2017-04-03

Author: Craig Murray

Source: The TruePublica

Origins of images: Facebook, Twitter, Wikimedia, Wikipedia, Flickr, Google, Imageinjection & Pinterest.

Read our Disclaimer/Legal Statement!

Donate to Support Us

We would like to ask you to consider a small donation to help our team keep working. We accept no advertising and rely only on you, our readers, to keep us digging the truth on history, global politics and international relations.

[wpedon id=”4696″ align=”left”]

READ MORE!
Shield of the Union: How the Russian Navy Protected America in the Civil War
Strange things happen in civil wars: During the Russian Civil War in 1919, 13,000 U.S. troops were dispatched by President Woodrow Wilson to occupy the cities of Archangelsk in the Arctic and Vladivostok on the Pacific.Half a century earlier, thousands of Imperial Russian Navy sailors and their officers flooded the cities of San Francisco and New York. But the circumstances were very different. They were there to defend the United States from foreign invasion – not to threaten it and they brilliantly succeeded in their tasks.The incredible story is well told in “Friends in Peace and War: The Russian Navy’s ...
READ MORE
Origins of the American Empire
Russia, Oil and Revolution By the 1870s, John D. Rockefeller’s Standard Oil Empire had a virtual monopoly over the United States, and even many foreign countries. In 1890, the King of Holland gave his blessing for the creation of an international oil company called Royal Dutch Oil Company, which was mainly founded to refine and sell kerosene from Indonesia, a Dutch colony. Also in 1890, a British company was founded with the intended purpose of shipping oil, the Shell Transport and Trading Company, and it “began transporting Royal Dutch oil from Sumatra to destinations everywhere,” and eventually, “the two companies merged ...
READ MORE
The Idea of a Greater Croatia by Pavao Ritter Vitezović (I)
Introduction The article will examine the model for the creation of a Greater Croatia designed by a Croatian nobleman, publicist and historian Pavao Ritter Vitezović (1652–1713). The article will offer a new interpretation of the substance and significance of Vitezović’s political ideology. Many historians have viewed Vitezović’s political thought and his developed ideological framework of a united South Slavic state as part of a wider pan-Slavic world. According to the prevailing notion, Vitezović was a precursor of the idea of Yugoslavism (a united South Slavic nation-state) and even Pan-Slavism - a pan-Slavic cultural and political reciprocity. Yet a closer look at ...
READ MORE
The Simulation of Democracy
One of the most complicated and frustrating aspects of operating a global capitalist empire is maintaining the fiction that it doesn’t exist. Virtually every action you take has to be carefully recontextualized or otherwise spun for public consumption. Every time you want to bomb or invade some country to further your interests, you have to mount a whole PR campaign. You can’t even appoint a sadistic torture freak to run your own coup-fomenting agency, or shoot a few thousand unarmed people you’ve imprisoned in a de facto ghetto, without having to do a big song and dance about “defending democracy” ...
READ MORE
Why Theresa May Must be Impeached
So the moment we’ve been holding our breaths for a week finally came. In the end, I am mighty glad that this particular strike seems more like the impotent thrashing of the neocon snake that didn’t dare to attack places where Russian servicemen were likely to be killed, than it does the start of World War III. For the moment, at least, thank God.But the fact that it was a fairly limited strike — compared to what it might have been — in which the majority of missiles failed to hit their targets, having been eliminated by Soviet-era air defences, ...
READ MORE
The entrance-gate to the death camp of Jasenovac in Croatia
The so called "Croatian scenario", is something that has been periodically brought up after the start of the armed conflict in Donbass. (Among other instances, yours truly noted this in articles from this past December 17 and August 24, 2015.) Promoted at Johnson's Russia List, the December 28 Euromaidan Press article "What Ukraine Can Take from the 'Croatian Scenario' of Conflict Resolution", omits some key factors for being apprehensive about the probability for success of an Operation Storm like strike against the Donbass rebels.In 1995, the Serb Yugoslav leader Slobodan Milosevic, had essentially dropped the Krajina Serbs, with the hope that he could improve his relationship with the West. At ...
READ MORE
Entrevista Con El Dr. Rubén Ramírez Lezcano, Candidato Del Gobierno Paraguayo A Presidir La CAF
Peter M. Tase (PMT): Cuales son algunos proyectos de gran importancia para la región que usted ha facilitado durante vuestra trayectoria como representante de la CAF (Development Bank of Latin America)?Dr. Rubén Ramírez Lezcano (RRL): Conozco en profundidad a la organización desde distintas perspectivas habiendo sido Viceministro de Economía y Canciller Nacional del Paraguay y, luego, funcionario de la CAF (Development Bank of Latin America) por muchos años, en los cuales tuve la oportunidad de desempeñarme como Asesor del Presidente primero, posteriormente como Director – Representante de CAF en la oficina de Panamá, con responsabilidades para Centroamérica, El Caribe y México, y ...
READ MORE
Jasenovac? What Jasenovac?
Chris Deliso of Balkanalysis points out the latest travesty of the Western media: 59,000 stories on Auschwitz, three on Jasenovac. As if the third-largest death camp in Nazi-occupied Europe simply never existed. Franjo Tudjman certainly thought so, and it appears the current Croatian leadership shares his "historical" perspective.Contemporary German estimates of Serbs murdered by the Ustasha (in Jasenovac and elsewhere) ranged as high as 750,000. Wiesenthal center uses the number of 600,000. Serbian researchers have spoken of up to 700,000 victims. Modern revisionists, Croat and otherwise, talk of 30-100,000, at most. Among them is the U.S. Holocaust Memorial Museum, which ...
READ MORE
Why can Hillary Clinton not be US president?
Like in Israel, US ruling elites plan for the future strategies and choose presidents to suit the needs. After using a Black President Obama to attack North Africans and Arab nations for their energy resources in order to ensure energy security of the superpower, now the US leaders seem to think of using a female President in the name of Hillary to advance US interests globally.Former US state secretary Hillary Clinton and associates are being pampered by those who are scared of any possible change in US foreign policy towards a possible thaw and neutrality in world affairs, notwithstanding what ...
READ MORE
A Geopolitical Importance of the Mediterranean Sea Area in Global Security During and After the Cold War (1949-1989)
Preface The current war conflict in Syria and constant warfare between the Israeli state and the Palestinians which recently erupted once again in Gaza strip brought the region of the Middle East to the world attention once again. However, the Middle East is a natural-geographic continuation of the Mediterranean Sea basin and, therefore, it is a part of the broader Mediterranean geopolitical game. Nevertheless, the geopolitical and geostrategic importance of the Mediterranean Sea basin is probably of the highest level from the global perspective. An importance of the Mediterranean Sea area in geopolitical and geostrategic standpoint one can understand from the very ...
READ MORE
Kosovo: The US “Psyche”, US Culture and US Foreign Policy
Michigan-based filmmaker Michael Moore makes the connection between Kosovo and the Columbine shooting in his Academy Award-winning documentary Bowling for Columbine (2002). Moore puts Kosovo in the context of a broader U.S. foreign policy agenda and a domestic culture of violence. Moore asks: “Are we a nation of gun nuts or are we just nuts?” In the first scene, Moore walks into the North Country Bank in Michigan to open an account. He saw an ad in the newspaper that the bank would give out free guns to those who open accounts there. Moore walks into the bank and tells the ...
READ MORE
Washington’s Wars
The New York Times reported on October 22 that the United States has “just over 240,000 active-duty and reserve troops in at least 172 countries and territories,” which is a staggering total. But in an intriguing revelation the Times reported that there are a further 37,813 troops deployed “on presumably secret assignment in places listed simply as ‘unknown.’ The Pentagon provided no further explanation.”It is not surprising that Washington’s war-spreaders do not supply information to the American public concerning the location of soldiers, sailors, marines and airmen involved in clandestine operations around the globe, because this might bring to light the lack of justification for ...
READ MORE
A Brief History of Fascism in the United States
“We could become the first country to go fascist through free elections.” — William Shirer, The Rise and Fall of the Third ReichGenerally, we avoid using the word “fascism” in polite company, and until recently, a person pointing out parallels between Nazi Germany and the current United States would invite elevated eyelids along with the outworn charge of sounding like a “conspiracy theorist“. The current electoral cycle seems to be changing that, so I will trust that now is the right time to convey some ideas I’ve been marinating regarding fascism in my US Homeland. The ruling plutocrats are clearly ferrying the ...
READ MORE
EXCLUSIVE: Unreleased Documents from Osama Bin Laden’s Archive!
The personal diary of Osama Bin Laden has been released by the CIA, along with the list of bizarre things on his personal computer found in his compound in 2011.However, not all documents found on that occasion are released by the CIA.Here you will find some of those unreleased documents from Osama Bin Laden's archives followed by his personal remarks: My favorite US DemocratKosovo Albanians are my favorite jihad soldiers in the ISIS in Syria and IraqMy favorite film-maker company: 20 Century FoxWhy Americans hate me and my Al-Qaeda?A global map of Al-Qaeda's terror interventions - top secret! Zbig and ...
READ MORE
Kosovo War and Plato’s “The Noble Lie”
During the Kosovo conflict in 1999, military intervention by the US and NATO was precipitated by the use of outright lies and deceptions. The conflict was “ostensibly about preventing “genocide” on the scale of the Holocaust. This was the Big Lie. This was the Noble Lie. In fact, the conflict was about secession and separatism and the creation of a US-sponsored Greater Albania. Why was the Noble Lie needed? A deception was needed because US policy was supporting an illegal land grab, a forceful take-over of territory from a sovereign nation, Yugoslavia. Why and how could such lies and deceptions occur ...
READ MORE
Documentary Movie: “God and Croats” (English Subtitle)
The Serb holocaust during the WWII in the Independent State of Croatia is not a misnomer, an accusation, and even less a speculation. It is an historical fact. Rabid nationalism and religious dogmatism were its two main ingredients. During the existence of Croatia as an independent Catholic State, over 700,000 men, women and children perished. Many were executed, tortured, died of starvation, buried alive, or were burned to death. Hundreds were forced to become Catholic. Catholic padres ran concentration camps; Catholic priests were officers of the military corps which committed such atrocities. 700,000 in a total population of a few ...
READ MORE
How to Combat Croatian Revisionists’ Culture of Lies
In early 1944, Mirjana Babunovic-Dimitrijevic, a 22-year-old middle-class woman living in Sarajevo, was arrested by the Ustasa police. After she was arrested along with her mother and aunt, they were all deported to the Jasenovac concentration camp, for refusing to convert to Catholicism. All three women died there in late 1944.These women were among more than 80,000 victims who perished at Jasenovac between 1941 and 1945. While we don’t know precisely how they died nor what happened during their short lives in the camp, two things are certain.First, their deaths were the direct result of deliberate political decisions. Second, they ...
READ MORE
Breaking the Constitution: Lithuania Seeks the Permanent Presence of the U.S. Troops on its Territory
As it appears Lithuania expects major changes in the near future. Lithuanian Foreign Minister Linas Linkevičius was on an official visit to the United States of America from the 20 to the 24 of February 2017. During a visit he said that Lithuania seeks the permanent presence of United States troops in its territory."We have requested stationing of military forces in our country on a more permanent basis - not only rotational but also more permanent," the minister told BNS in the telephone interview from Washington D.C.Linas Linkevicius' call for the permanent presence of United States troops in Lithuania territory ...
READ MORE
Documentary Movies about Kosovo-Metochia
What you can see here, as the example: Serbian shrine Bogorodica Ljeviška (Virgin Mary of Ljevishka) is a cathedral church in the city of Prizren in the western part of Kosovo & Metohija region. The city was a capital of medieval Serbia. This church is built by Serbian king Milutin between 1307-1309. This church belongs to one of four masterpieces of Serbian sacral architecture in the Middle Ages in Kosovo & Metohija that was a central part of Serbian medieval state. The video is in the Serbian language.Rachak Village in Kosovo 1999- Lies and the truth from Vladislav B. Sotirovic ...
READ MORE
The Refugee Crisis and the New Holocaust
The world has suddenly realised that there is a “refugee crisis”. There are more refugees now than at any time since World War II. The number has grown three-fold since the end of 2001. The problem is treated as if it arose just recently, but it has been a long time coming. The pressure has been building and building until it has burst the dams of wilful ignorance. Death and despair has migrated to the doorsteps of Europe. But tens of millions of people do not simply abandon home and native land for an insecure dangerous future of desperate struggle. The ...
READ MORE
Shield of the Union: How the Russian Navy Protected America in the Civil War
Origins of the American Empire
The Idea of a Greater Croatia by Pavao Ritter Vitezović (I)
The Simulation of Democracy
Why Theresa May Must be Impeached
‘Croatian Scenario’ Shortcomings for Ending the Donbass Conflict
Entrevista Con El Dr. Rubén Ramírez Lezcano, Candidato Del Gobierno Paraguayo A Presidir La CAF
Jasenovac? What Jasenovac?
Why can Hillary Clinton not be US president?
A Geopolitical Importance of the Mediterranean Sea Area in Global Security During and After the Cold War (1949-1989)
Kosovo: The US “Psyche”, US Culture and US Foreign Policy
Washington’s Wars
A Brief History of Fascism in the United States
EXCLUSIVE: Unreleased Documents from Osama Bin Laden’s Archive!
Kosovo War and Plato’s “The Noble Lie”
Documentary Movie: “God and Croats” (English Subtitle)
How to Combat Croatian Revisionists’ Culture of Lies
Breaking the Constitution: Lithuania Seeks the Permanent Presence of the U.S. Troops on its Territory
Documentary Movies about Kosovo-Metochia
The Refugee Crisis and the New Holocaust
FOLLOW US ON OUR SOCIAL PLATFORMS
Share

About White Nettle

SHORT LEGAL DISCLAIMER: The website’s owner & editor-in-chief has no official position on any issue published on this website. The views of the authors presented on this website do not necessarily coincide with the opinion of the owner & editor-in-chief of the website. The contents of all material (articles, books, photos, videos…) are of sole responsibility of the authors. The owner & editor-in-chief of this website is not morally, scientifically, or legally responsible for any inaccurate or incorrect statement in the contents of all material found on this website. The owner & editor-in-chief of this website is not responsible for the content of external internet sites. No advertising, government, or corporate funding for the functioning of this website. The owner & editor-in-chief and authors are not morally, scientifically, or legally responsible for any inaccurate or incorrect statement in the text and material found on the website www.global-politics.eu