The Anonymous Widower

A Case That Stinks From Florida

This case reported in the Miami Herald is rather bizarre.  And as one of the lawyers involved says, it stinks. Here’s the first three paragraphs.

Ten years ago, killer Robert Burkell bludgeoned to death his 81-year-old tenant Charles Bertheas, cracking open his skull like an eggshell, according to police. The motive: money.

Today, Burkell is in prison for life. But his wife Susan, a Lauderhill resident who authorities say did not participate in the slaying but knew what was happening, is set to inherit more than $214,000 of the victim’s money.

Bertheas’ eight elderly brothers and sisters, who live in France, won’t see a dime: Charles Bertheas designated the Burkells as co-beneficiaries on his accounts at the Bank of America.

Let’s hope that it sees a sensible change in the law and that a similar set of circumstances doesn’t happen here.

May 27, 2013 Posted by | News | , | Leave a comment

Google, Amazon, Starbucks Etc. And Tax

Google’s Eric Schmidt says he is perplexed in this article about the debate on his company’s tax status.

I’m not, as what these companies do is fraud.

Not necessarily on Corporation Tax, but with respect to VAT.

If say I go into John Lewis and buy say a television, I will pay VAT on the purchase. If I buy it from Amazon, I’ll probably pay some fiddled VAT rate, which will make it cheaper.

My belief is that by doing transfers like this, companies like Amazon are hurting genuine UK businesses. Andy Street of John Lewis is saying just that here.

So it should be that if you buy a television and it’s delivered in the UK, then the VAT rate should be 20%.

But Eric Schmidt is against this and is quoted in the BBC article.

The Google chairman has previously argued that corporate taxes should be paid on a company’s profits, not revenues, and should be levied in the country where it conducts economic activity and takes risks, rather than where products are consumed.

The trouble with Google, is there is no alternative, to some of the things they do.

On the other hand, I don’t use Amazon, Apple, Starbucks and quite a few other companies.

May 27, 2013 Posted by | Business, World | , , | 2 Comments