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Transcripts For DW Business - News 20171107 03:02:00

Make a blacklist of tax havens among the millions of documents evidence that some of the worlds richest individuals and businesses are doing whatever they can to hide their cash from the tax man the queen of england is there the Rock Star Bono Two American Firms Apple facebook and nike are also part of it. The massive Paradise Papers leak is a snapshot of global tax dodging in Sixteen Million documents most of them out of bermuda big names and Big Companies are caught once more in a controversy over their finances thats boosting those who want to end tax dodging in the u. K. Opposition leader Jeremy Corbyn suggested the queen should apologize after the leaks showed her state made offshore investments we simply have to challenge the culture that the something clever about avoiding taxation taxation is what gives us ambulances gives us far attenders gives us safety in our lives and we all have a responsibility to pay for it others have greeted the revelations with a shrug russian officia

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Detailed text transcripts for TV channel - DW - 20171107:03:05:00

offshore account on the british crown dependency of jersey to hide billions in profit that s according to media sources analyzing the leaked documents we spoke to a member of the european parliament spend gay gult who s been pressing to close tax loopholes he says britain bears much of the responsibility for aiding tax dodges. well if you look at the facts it s very clear that most of the islands of which business was wheeled were clearly british territories and therefore this is a key question with the upcoming brics it discussions so i believe british banks investment funds insurance companies they have a strong interest to keep market access to the e.u. twenty seven and we should clearly make that conditional on closing down the tax haven business around the u.k.

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Detailed text transcripts for TV channel - DW - 20171106:17:20:00

investment funds and children s companies they have a strong interest to keep market access to the e.u. twenty seven and we should clearly make that conditional on closing down the tax haven business around the u.k. . earlier today i spoke to someone from the tax justice network he said that germany was trying to subvert changes toward more there was more transparency in tax justice on an e.u. level what do you say to that whether that s pretty accurate because when it came to obligations for transnational companies it was germany which keeps blocking the proposal of the european commission that big companies have to publish where they pay taxes and where they earn their profits so i expect the german government now to change course and as you know the german greenside in prep are a tory talks for coalition and i also expect that this issue is put on the table of the negotiations that would have been my next question how sure are you that this

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Detailed text transcripts for TV channel - DW - 20171107:05:05:00

most effective option one revelation from the papers apple used an offshore account on the british crown dependency of jersey to hide billions in profit that s according to media sources analyzing the leaked documents we spoke to and then were of the european parliament spend gay gult who s been pressing to close tax loopholes he says britain bears much of the responsibility for aiding tax dodges. well if you look at the facts it s very clear that most of the islands of which business was wield were clearly british territories and therefore this is the key question with the upcoming brics it discussions so i believe british banks investment funds insurance companies they have a strong interest to keep market access to the e.u. twenty seven and we should clearly make that conditional on closing down the tax

Billions
Offshore-account
Revelation
Profit
Crown-dependency
Jersey
Uk
Apple
One
Documents
Responsibility
Gay-gult

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