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Delaware, a tax haven in the heart of America

The state of Delaware is located between New York and Washington, with a population of 950,000, but there are more than 1.2 million registered businesses. The activity here is constantly increasing. In 2015, there were about 180,000 new companies, an average of 500 companies were born every day!


Most of the most powerful corporations in the US have "a mailbox" in this paradise, from technology fields like Apple, Google to banks like Bank of America, JP Morgan or world famous brands like Coca - Cola, Ford, General Electric, Wal-Mart...


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Even two rivals in the race for the White House Donald Trump (Republican) and Hillary Clinton (Democrat) also have companies in Delaware. Hillary Clinton opened the company just days after leaving the Obama administration to keep millions of dollars in speaking fees. And billionaire Trump opened a company to "run" the real estate business.


In fact, all of these companies do not have any business, except for each address. Delaware turns tax evasion and absolute secrecy into powerful business weapons. According to tax professor Brad Lindsey, who wrote the report on operations in Delaware, this American-style tax haven "is a blend of three things: low taxes, a favorable legal system for businesses. and ensure confidentiality”.


The tax regime is not 0%, but it is much more profitable than in other states of America. Large sums of revenue from companies remitted to Delaware cost other states about $10 billion over 10 years.


In fact, Delaware won't be scandalous if it operates according to these standards. The problem is that Delaware is also the "residence" of many front companies, which have no other purpose than to launder dirty money from drug trafficking, arms trafficking or corruption. Because they have a corporate address in the US, these companies can open accounts at any bank in the US, and almost anywhere in the world.


In addition to the companies listed on the stock exchange, there are thousands of limited liability companies, often shady. The policy of guaranteeing the anonymity of the beneficiaries is actually so well respected that it is easier to set up a corporation in Delaware than it is in the Caimans or Panama.


However, the "small country" Delaware is not as scandalous as the two tax havens mentioned above, because the Organization for Economic Cooperation and Development (OCDE) has never dared to classify the United States as a tax haven. This is also why world-famous criminals still have companies in Delaware, like Russian arms dealer Viktor Bout, now serving a 25-year prison sentence, or the new Mexican drug lord El Chapo. arrested.


The author of the report concludes, Delaware would be nothing without millions of companies with "headquarters" here. Like Liechtenstein in Europe, it is a "small country" whose economy is almost entirely based on non-local activities. Registration fees alone bring in $1.3 billion annually for Delaware, equivalent to a third of the state budget.


During the presidential campaign, Mr. Obama made many statements about doing business in Delaware, but the outgoing president never really wanted to get involved in this "cleanup" war. This paradise may not be buried in the term of the new president to be elected in November 2016, as both candidates Donald Trump and Hillary Clinton have companies here.


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Why does North Korea scare the world?


Due to constant military provocations, North Korea finally survives on the international stage. This is a comment by researcher Dominique Moisi, in the "Opinion" column of the economic daily Les Echos. Is Pyongyang exaggerating its nuclear capabilities? Is the Kim Jong Un regime a threat to neighboring countries and the whole world?


South Korean researchers have dismissed the theory that the nuclear and military threats that Pyongyang repeatedly posed are due to the erratic behavior of puberty of the young North Korean leader who is still trying to assert himself. nationally as well as in the international arena. They are inclined to the possibility that the dangerous calculations of the political-military regime turn Kim Jong Un into a puppet. Since coming to power, 70 officials have been executed on the orders of the young leader. This is a campaign like: "I scare you, that's why I exist".


Pyongyang claims to have the ability to miniaturize nuclear warheads, or repeatedly succeed in nuclear weapons tests. According to the author of the article, although the international community does not have an exact answer to the above statements, it is necessary to take into account the risks that directly affect neighboring countries (such as earthquakes), or even is the possibility of the Kim Jong Un regime transferring nuclear warheads to terrorist organizations.


So why is the international community still indifferent to this threat? The main reason is strategic considerations and real benefits or even a lack of foresight. No one, no country seems to know what to do with North Korea, because no one has a clear vision of what to achieve.


Syria: Blood continues to shed in Aleppo


Aleppo has become a bloody front in recent days. Syria's second largest city is not part of the Russia-US armistice. Here, people continue to die.


On the front page of the daily Le Monde was a picture of a man crying for help amid the rubble in the Al Kalasa neighborhood with the headline: "The Endless Suffering of Aleppo".


According to the daily Le Figaro, since more than 10 days recently, the Bachar Al Assad regime has not stopped bombing neighborhoods in Aleppo that are currently in the hands of the rebels. And the editorial on the front page of Le Figaro said that through the battle of Aleppo, Russian President Vladimir Putin once again proved his ability to master the game in Syria and "lead" the West.


The city of Aleppo is an important gamble for the Russian president. If the Damascus government forces recapture the strategic city, located in the north and bordering Turkey, this will be a victory that helps the regime of President Al Assad change the situation.


Brazil: Thrilling week about Rousseff's future


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Just 10 days before the Brazilian Senate voted to approve the procedure to remove the president, on the occasion of Labor Day, both President Dilma Rousseff and predecessor Lula used weapons "march" to "resist to the end." together" according to the article "Brazil seizes the ground with a thrilling week about the future of President Rousseff" in the daily Les Echos.


The Brazilian president has mobilized supporters to take to the streets to march in Sao Paolo, to stop the process of ousting what she considers a coup. However, another march organized by the reform union Força Sincal and led by opposition lawmaker Paulo Pereira da Sival continued to criticize the measures as "desperation" on the measures promised by the government during the march. May 1, such as raising the family allowance and reducing taxes.


REMOVEProtests on May 1 : Movement subsides in France


May 1st is the day of pressure workers. In France, for the first time, two major unions, CGT and Force Ouvrière, jointly called for a march against the labor bill, which began to be discussed in the National Assembly from May 3.


The editorial "French tension" of the Catholic daily La Croix said that the marches all over France went smoothly, except for a few cases of clashes between protesters and police in Paris. In the article "May 1, one march, two angers", the daily Libération detailed the scuffles that occurred at the end of the day at Nation Square. Police used tear gas to disperse the last of the protesters.


The daily Les Echos said the demand to withdraw the labor law was still the focus of yesterday's protests in France, but the number of participants was no longer as large as before. Still according to the economic daily, yesterday's general mobilization also showed a growing rift between reform unions on the one hand and protest unions on the other.


The labor reform bill was also opposed by the mainstays of the Socialist party and by some MPs in the majority faction. The article concludes, there will certainly be a lot of drama in the discussions at the National Assembly starting from May 3. And many new rallies will take place on the same day that El Khomri labor bill debate begins.


Kenya burns tusks to save elephants


Both Le Figaro and Le Monde are interested in the fact that Kenya has destroyed about 150 tons of ivory, accounting for 5% of the total amount in the world.


According to Le Monde, every year around the world, about 30,000 elephants are killed by poachers for their horns. But now, the price of "white gold" is in free fall, only about $2,000, down to $500 in just a few years. China is the largest consumer of illegal ivory to satisfy the interest of people who own ivory Buddha statues, or decorative objects. This is the reason why African elephants are brutally slaughtered.


In the center of the front page of Le Figaro is a picture of piles of ivory, arranged in a pyramid shape, burning in a fire and next to it is a soldier holding a gun. The newspaper said about 150 tons of ivory had been burned on Saturday (April 30) in Kenya. This is said to be a symbolic act for the fight against poaching of elephants for ivory and banning the "white gold" trade.


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Diệp Quân
Nguyen Manh Cuong is the author and founder of the vmwareplayerfree blog. With over 14 years of experience in Online Marketing, he now runs a number of successful websites, and occasionally shares his experience & knowledge on this blog.
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