^ not unlike natural selection.
Moo Uaon;221663 said:in the case of rio tinto they paid $6.2 billion in taxes in Oz last financial year.
we call it the formal and informal economy here...and yes its also mostly cash..some done on the book....sometimes i think the informal economy is bigger than formal one......pooyai;221908 said:I reckon Thailand has a 2 speed economy and I think China might have a bit too. Like here the unregulated, black or grey, cash only, no or minimal records always seems to be booming whereas the official economy is seen as slowing down just had an official interest rate cut, knocked the baht about a quarter of a cent lower I think. But I bet the cash/black loan rate is still a minimum of 18%.
there's certainly a lot of trade off's and allowances made for big business...family trusts and the like for the real smarties.pooyai;221906 said:Well I may have shot from the hip, and I think that is your point and fairly taken too. But I wont be patting them on the back just yet. Typically a big MNC like that files taxes in many jurisdictions, with different timeframes and rules. The ATO assesses them, then as assessments are issued in other jurisdictions the MNC seeks amendments, as was the case with the Murdoch one I mentioned, it had been going on for 10 years. Also every year I imagine they have argy bargy with the tax office that goes on for years, objections, revised rulings, so you couldn't confidently state how much tax they have paid until many years later. And as another poster mentioned some of that figure is royalties. I don't object to companies minimising their tax as they are entitled to do just as I don't object to workers collectively bargaining for better outcomes. But I do object to cnuts like Murdoch who not only minimise their tax but try to rule the world, he does a pretty good job of manipulating the current Aust Gov
I get the franked dividend argument but those wealthy people behave similarly to MNC in dealings with the tax office. I have a few gold mining shares and they pay unfranked dividends for some reason
Eat anything you like and not worry about the consquences ... :??:Distantpeak;221005 said:I'd like to know what you can do at 35 you can't do at 50?
Bacon;221300 said:... the world is more complicated and with it so are people's ideas about what constitutes accomplishment and success, which for most people in the past has been raising a litter. .....
These may be the same kids who will never have raised any children or cared for anything beyond their Facebook page?lakeboy;221429 said:Hell, I've told my kids they can live with me forever as long as they look after me when I get old. I've seen the old age home thing...I don't want to end up there.
I was a lot fatter at 35 than I am now. I started gaining weight too easily from my late twenties... wasn't until I reached my 40s I worked out I was playing a dangerous game with my health... and not until the last couple of years I took it even more seriously.Minder;222048 said:Eat anything you like and not worry about the consquences ... :??:
wait until you get into the 50's 555555Distantpeak;222059 said:I was a lot fatter at 35 than I am now. I started gaining weight too easily from my late twenties... wasn't until I reached my 40s I worked out I was playing a dangerous game with my health... and not until the last couple of years I took it even more seriously.
But DP lives a lifestyle that it does work that way....for himmeese;222145 said:does not work that way DP 5555.....you have to work harder to just maintain....
I'm only a few months away from finding out... and am doing ok so far.... and I agree it gets harder to maintain. You just have to be smarter.... with diet and exercise...meese;222145 said:does not work that way DP 5555.....you have to work harder to just maintain....