tv Worlds Apart RT February 8, 2018 2:30pm-3:01pm EST
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competition you see there are. also in this competition we've asked the international olympic committee whether it will investigate these doping allegations and we're still awaiting a reply from them however sports lawyer we spoke to told you this worrying that the i.o.c. hasn't publicly publicly commented on the issue but it's interesting as you heard the outcry in the media about these allegations you haven't seen any action. as it currently stands i don't see there being an investigation which you know is in the light of everything we've discovered with regards to russian doping allegations is troubling everybody where there is a problem should be investigated we need to understand the doping is in fact a global problem is raised by this documentary we need to understand that doping is happening and occurs across the world and that this is not an incident slated to russia that this is a global problem it's a continuing problem and it's something we need to address seriously right now even
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the greatest. experts in the west as the water cannot currently detect doping in athletes that's a problem with many modern day after it's described as heroes we take a unique look at people who unquestionably deserve the title well door to harry as he became a limb pick athletes this is the story of soviet sportsmen and women who defended the country in the great patriotic war before taking part in the first and then pick games for the nation in one nine hundred fifty two is a preview. despite its turbulent history the soviet union has dominated international sport however little was known about the long lives of those champions from behind. the first soviet a lympics team of one nine hundred fifty two when included seemed survivors of concentration camp prisoners and front line soldiers. because you're working for the one fall through. the floor of this with you if you. want to go with
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our. campaign in the u.k. to reverse the break that photo has received a hefty boost from american business magnate george soros best for britain has confirmed he donated almost half a million pounds to his foundation george soros foundations have along with a number of other major donors also made significant contributions to our work indeed through his foundations he has contributed four hundred thousand pounds he's funding is one among many sources. quite a considerable amount donated by american billionaire george soros to the anti breck's that cause specifically the group that received this money is best for britain they are a pro each law being group and their position is that they don't even want to soft
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drugs that possibly they want a second referendum one of their key ideas is lead not leave the e.u. and we do know that they campaign to try to influence public opinion as well as m.p.'s who can influence the scraw cessna one of the co-founders of the group of gina miller who took the u.k. government to court over the issue of triggering article fifty successfully now the group has said that they've actually received more and small donations that what they saw come from george soros but it has to be said that this amount to four hundred thousand pounds if you remember following all the talk of accusations claiming that russia had somehow participated in meddling and bracks is following an inquiry here in the u.k. it was revealed that facebook actually said that russia had spent seventy three p. on any breck's it related content so seems to be quite a big difference between that and four hundred thousand pounds now downing street has already reacted to these news they said that there's not going to be
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a second referendum that the country has voted and bracks that will be delivered however that said we do know that still activities continue including from across the channel to try to impact this whole process among those who don't want to see bracks it happen we do know that a new anti bracks it renew party is going to be launched in the u.k. with support from france where french m.p.'s who are part of the emanuel mike holmes a match movement not only sort of inspired and supported this idea but have also been apparently giving advice to this movement. we don't have much time the only way of winning is by the same miracle as michael well so obviously sometimes it seems that the source of some of this influence that so many want to be a specific country turns out to be from somewhere else when you still to come after this short break.
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i'm here at muddy field stadium the home in the heart of scottish rugby i'm here to interview scotland legend. a man who fought many great battles on this puts behind me now he's engaged in the greatest bottle of all his struggle against motor neuron disease. so you're on the idea that dropping bombs brings peace to the chicken hawks forcing you to fight the battle. for new socks for the tell you to be gossiping like. i'm telling you all and i like.
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that we all. want. now today the body of russian military pilot to a man phillip paul was returned to his hometown of toronto the major died fighting in syria after his plane was shot down by militants. really seems like part of the city is here and they came here to take part in the ceremony and of course not only those who knew roman personally but just ordinary citizens of this down in this region were told us that they came here to pay their last respects this is and i just wanted to pay my respects to such a strong and brave man. was my close friend he was kind and loved life every minute he was ready to help to support your few such people who remember him
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forever we also managed to speak to a classmate of his who shared with us his memories of roman mood on one man was a very kind very fair person always smiled not everyone can do what he did you should have a special understanding off on and do to just like he did. the palace plane was shot down on saturday in the northwestern part of syria which is still controlled by the latest incarnation of the terrorist group the pilot tried to remain in the aircraft as long as he could he then managed to eject only to find himself overwhelmed by terrorists the pilot who supported felipe of the plane has shared the details of their last communications his voice remained calm when i. get out of the. us was the commander's reply and then he said so even
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as if it was something ordinary and an important i got hit hard the right is on fire moving south the lift slowing down to an. about twenty seconds. then he ordered me to gain altitude of course i didn't do it to leave my command is the last thing i would do i always try to have his back during flights and now i have to do it on the ground while he was fighting i stood there and made several attacks to vehicles that were getting closer to the groups where. i stayed until the fuel was extremely low i barely made it back to the airfield roman had waited for the terrorist to get closer to him and only after that he decided to detonate a grenade taking his own life but ovoid capture he even managed to shout this is for our lads when he did that shortly after the incident rushes defense ministry released several details of his life roman left a wife and
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a four year old daughter behind he was an experienced pilot it was not his first time serving in syria and he was part of dozen successful military operations and he was only thirty three years old when his life tragically but he died as a hero fighting terrorists on his own the story of the pilot's bravery hasn't gone unnoticed r.t. received this letter from a veteran u.s. serviceman offering support and asking if there's a phones collecting donations for his widow and child we also the russian armed forces of such a fund is being created and we are waiting for clarification the man who wrote that letter steve gave r.t. his thoughts on major philip story. he knew world of this church in this war. and he knew what he had to do. and he knew he was never going to be captured. that's a decision he had to break. a very hard decision to bird capote. he
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did really hard to do it was a personal decision. he knew what could happen to him he knows what can happen to other troops. and what has happened to his comrades these are very important people to you. and you do most anything for them . even risk your life you have to do a work that. i wonder if i would be brave enough to do what he did he was he was a good bit of. support for women's rights and gender equality is picking up paced online with a number of prominent hashtags but when it comes to feminism people can't seem to agree on what's acceptable to say and what's not to explain are you
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a feminist if you put on a muslim headscarf or on the contrary if you take it off and even burn it according to the internet it could be either you just have to choose your harsh tag there's world hejab day that's the one that promotes women's rights to wear a headscarf it's going big in the u.k. and the u.s. . has nothing to do with oppression it's a feminist statement but many a man and man had to be women this piece of clothing is the very epitome of oppression but then there's also the no hit job movement the one that condemns muslim headscarves as a form of oppression it's especially relevant in iran right now where women are being arrested for costing off their they and the anti hejab brigade is outraged. have you know john.
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burns the current. but if you thought religious dress was a minefield or simply that it doesn't apply to you beware because language is getting political too in case you won over faith with the new rules using the word mankind is kind of a foe par that's precisely what the canadian prime minister justin trudeau tried to explain to a female journalist who used the word in a question to him little did he know that an even bigger if opar no matter how much of a feminist you are is mansplaining to a woman that she shouldn't be using the word mankind but don't worry the internet told him maternal love is love that's going to change the future of mankind so we're like you to look what we're going to see people kind of not necessarily
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manner when they fired all that grid girls those are the promotional models who traditionally adorn the racetrack there's a support the band say that being a pit babe objectifies and sexualizes women but try telling that to the grid girls many of whom are more than upset and trying to think up a new profession i've never had even the slightest hint of feeling exploited. i've wanted to be that i worked hard to get that they paid me well to do the job i i saw my outfit before i agreed to do it i knew i was wearing i knew what was expected of me the world has gone completely mad. i don't see a problem with promotional work tools we all do it by choice and we're not forced into the what and or goals apply for the job it seems these days you come put
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a foot right perhaps all the hashtags could now be replaced with one much less binary one something like freedom to choose when to the top of the. comes. because there's survival guide book stacie just imo to start simply at least it. be sure it's going to come to an impact. public no. repatriations to look at the last seven years thanks philip the separate guys report. despite its title and history the soviet union i know has dominated international sport however this is not about the lives
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of those champions from the. sort of you know that go. right on the children. the more mobile there with the being bored me just remember new three brothers described as for the order of your mother's shoes the first to be reserved for your wardrobe the first some of your lympics team of one nine hundred fifty two when she did seeds of isis concentration camp prisoners and from slime soldiers sort of still think maybe it is not good for me there is corruption because i'm welsh and i have an issue. because you're more than a foot you're in for been one for. forward to get out of this with you if you think that the area we're going to go with. the variations you'll push you over through personal or. into shows you will go for you know when you're at the national
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borders and could be put in your car where are the workers here we are in the world guys you know can we. are. there. are. a lot of welcome to all the parts the publication of panama papers produced a lot of moral argument but very few legal bonds that's because as much as the authorities may be compelled to deride offshore financing in reality. they do little to stop but how much has the discussion about tax avoidance become
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a distraction from mismanaging money on shore well to discuss that i'm now joined by anthony travers senior partner at an offshore law firm based in the cayman islands one of the world's most popular offshore destinations it's a traverse it's good to talk to you thank you very much for your time morning now you made the point in one of your articles that the reason why the governments especially in europe dislike offshore financing so much is pure jealousy and resentment as you put it it reveals the fear and loathing which recites within the e.u. off any jurisdiction beach can demonstrate its successes without the imposition of unreasonably high taxation but it isn't high taxation in france in germany the very thing that allows the cayman islands to do so well. not really that is a popularly held misconception what the cayman islands dollars is structure international capital flows through vehicles which are formed very specific laws
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into jurisdictions where the markets exist for example the united states united kingdom even europe. china or wherever but it does it in a tax efficient way on the understanding that the investments that are made in those jurisdictions will pay tax in accordance with the laws of those jurisdictions it's efficient structuring that is the basis of the cayman island success story well but i'm not suggesting that this became a law islands or any other destination for example in the caribbean i doing anything illegal i'm just asking whether you think they're essentially capitalizing on the inefficiency of others is it just a matter of tax competition for you that they certainly do capitalize on the inefficiency with regard to the ability to create efficient legal structures for what investment. that's the key point became a lot of have a coma law system which is very very well respected and is very attractive to
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international investors who wish to find a generous fiction in which they can pool their money for on what investment well let's explore the attractiveness of those investments a little bit because i have a few reach friends in france who let's say explore the ocean or financing and that argument essentially comes down to why should i give away operates a fifty or even seventy percent of my hard earned money to the government which doesn't sweat equally as much to manage my taxes essentially they make the point that governments in europe tags that much to cover their own inefficiency is that something that strikes a cord with you know no tool the what you have to understand is that that is a popularly held misconception anyone in france or any other jurisdiction in the world investing through a cayman island structure will pay tax firstly in the jurisdiction where the investment is made in accordance with the rules over that jurisdiction and secondly
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they will pay tax in from when the net profit to distribute it to them the purpose of the cayman islands is to provide a a highly functional efficient conduit for the structuring of those pooled investments but i'm mistaken in thinking that the cayman islands for example would not would also not tax. either he's income or he's possession of that income and that by itself for certain benefits doesn't offer any tax benefit or toll on other than the profits of the investment made in the united states united kingdom china wherever are not tax free times they're certainly taxed once where the profit is made in the market in question and they're certainly taxed a second time when the net. of it to distribute it to the investor the point about the cayman islands is it doesn't add a third and unnecessary layer of taxation now at the heart of this whole
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controversy lies the question of whether one should keep money or pay taxes in the country where that money is earned and obviously relieve in the globalized economy but we also still leave in our home countries at home cities that need to be taken care off how do you see the balance between the two well i don't think the cayman islands has any bearing on that question at all. in no way does an investor coming into a cayman island structure avoid tax in his own jurisdiction. what what you're talking about is the old school notion of tax evasion but the cayman islands has full tax transparency with most jurisdictions united states united kingdom european jurisdictions and so there is no tax advantage to investing in the cayman islands and no one is reducing the tax that would otherwise be paid in the
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jurisdiction of the investor by using the cayman islands but mr travers i think one of the advantages would be the interact taxation model that the cayman islands has been relying on for two hundred years as you often point out in many of your speeches and that's a section sensually taxing goods and services rather than taxing people's incomes which obviously gives you. a sudden competitive agile with the majority of countries that tax income and property but i think over the last couple of years and even decades we have been seeing some shift from direct to direct taxation a lower their world that's fueled partially by globalization is that something that may in the long term or perhaps even medium term undermine the modal that you have benefited from for so much. well i think you have to understand that the indirect taxation model is of no relevance at all to an overseas investor it's only relevant
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to someone who is resident in the cayman islands and so a resident of the cayman islands pays tax to the cayman islands government by way of indirect taxation that is to seye particular stent duties import u.t.s. fees of that sort rather than having income or other sorts of tax but that's not a system that oversees invest the benefits from at all however whether it is a more efficient model for other jurisdictions to adopt is a very interesting philosophical question personally i think it is because our indirect system of taxation is highly efficient in terms of revenue collection if you want to get your new b.m.w. into the cayman islands you have to pay forty percent stat import u.-t. to the collector or you don't get your b.m.w. so there's no question of avoiding tax under an indirect system such as the cayman islands applies well i think it came out and also has
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a rob there well protect if it's not protectionist labor market then it's actually you know has a lot of regulation that tries to shield your people from the i would call it exploited if excesses of globalization do you think odd that countries should do more of that and if they indeed do more of that don't you think that your people will suffer as a result let's break that into two firstly it is absolutely the case you're correct cayman islands have a very straight immigration rules and very strict work permit laws which are protectionist in that they are designed to provide the first opportunity for employment within the cayman islands to cayman islands citizens and residents. so that is absolutely right and indeed that was the model is. in for example europe before the european union arrived now you know it's a very interesting question as to whether that is desirable or not but that is very
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much a question of protecting the local people from undue competition from non cayman island persons i don't think that's going to change in the foreseeable future well interesting speaking about protecting your people from non-citizens the u.s. congress has just scrapped the previous tax system for corporations which allowed companies like apple and microsoft to defer a year's income taxes on foreign earnings and i know that the cayman islands certainly benefited from that deferred taxation regime i used torrie to see that goal i think we can break this into two again the first point is that the tax avoidance of that the apples and the googles of the starbucks. applied to reduce their taxes occurred in europe because you need double tax treaty jurisdictions and those are the european jurisdictions ireland the netherlands
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luxembourg the involvement of jurisdictions like the cayman islands which is not a double tax treaty jurisdiction and therefore not involved in that form of tax avoidance is simply that there are maybe one hundred or two hundred subsidiaries of the major u.s. corporates which are located in cayman which way use that as the ultimate holding vehicles for the net trading profits of those global u.s. corporations now to the extent that the tax regime has just changed under the tax tax cuts and jobs act two thousand and seventeen. we may find there is no further use for those cayman subsidiaries of the major u.s. corporates. and so we may be involved in having a hundred or two hundred companies. no no no longer used in the cayman islands and
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possibly liquidated by bear in mind that's out of a total of around one hundred thousand so it's a statistically irrelevant. percentage well it's been asked summated that this different deferral provision allowed companies to stockpile an estimated three point one trillion years dollars oh sure and some of them for example apple have already said that they would be paying those taxes directly in the united states you just said that it is if it's a stickler relevance as far as the cayman islands. are concerned but i wonder if this shift in the u.s. taxation regime may alter the course of globalization in any way surely arlen should be feeling the pinch or do you think it's a church or a church or a truly island should although there are other reasons why olive has been successful particularly you know and efficient and low cost labor force. but the you know bear in mind the three point one trillion number you mentioned came about
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because us law wanted us corporations to be able to defer tax off shore because it operated what was known as a capital export neutrality system and if it hadn't allowed for the deferral us corporations would under the previous law have been taxed twice on that level profits and therefore been noncompetitive with with say european corporations which was only tax once now in the us they've they have just done under the tax cuts and jobs reform that they've just amended that structure so that u.s. corporate for now be taxed only on the territoriality basis that is to say in the jurisdiction where they make the profit and therefore that there isn't as. you rightly say towards globalization because that brings us corporations global trading profits more into line with the system that is operated for say european
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corporations which are also taxed on a territoriality basis well mr travers you just said that this deferred tax ation regime was intended and in fact it was promoted by the american government but at the same time the previous american administration was very critical about it and i think that's the most ironic thing in all of this for me is that these kind of changes were implemented not by the obama administration which one would think ideologically would have been most predisposed to it but by the trumpet ministration your opinion was that ultimately an issue of political will corporate might have perhaps something else. i have to say i agree with you i'm completely confused about why a republican administration made a change that was essentially part of the democratic philosophy and which the democrats have been.
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