My family have been residents of Kelowna for over 125 years, and since I'm currently on vacation at my family home, on the shores of Lake Okanagan, I felt it appropriate to publish this article about my home town.
Kelowna, British Columbia
By Lorna Bourke -
LONDON (Citywire) - You can run but you cannot hide from the tax man, even abroad, especially after new EU rules come into effect this Friday.
Anyone with money in an overseas bank account who hasn't been declaring the interest and has been evading tax, should be aware that new EU rules come into effect on 1 July and you will either have tax deducted at source by the offshore bank, or your details will be given to HM Revenue & Customs.
Cayman Islands Passes Law Requiring Sharing of Information on Savings Income With European Union
GEORGE TOWN, Cayman Islands (AP) -- The Cayman Islands passed a law Thursday requiring banks and other agencies to share information on savings income with the European Union, an official said.
The law requires banks, mutual fund administrators and individuals who offer interest on investments to report savings income to the home country of the recipient, said Cayman Islands Financial Secretary Kenneth Jefferson. Interests on savings would then be taxable in the recipient's home country, he said.
By Sara-Lise Haith -
The first thing that a lot of my friends have said to me, especially those from the USA, is that I am crazy, mad, lucky I am not on an American passport, and also to be careful! First of all I would like to remove those misconceptions, and write a little about living in Dubai (one of the seven Emirates) and also some information about the diving here.
Country music's infatuation with the puka-shell rock of Jimmy Buffett has been one of the genre's less fortunate indulgences. Most of Nashville's hat acts do little more than dip their toe in the water and do nothing to build upon Buffett's signature sounds.
By Emily -
Britain's hopes to dominate the world of online gambling are sliding away as existing UK sports books announce plans to relocate.
The government had outlined plans that would encourage online gambling companies to move to the UK. The plans involved changing the regulations which had previously banned operators from British soil.
It is time again for all of us to get together, learn from industry experts and have fun! The Casino Affiliate Programs "Spring Break" conference will be held June 17 - 20, 2005 at The Loews Hotel, Miami Beach, FL. The hotel is located right on the ocean in beautiful South Beach.
This year we will have 2 notable industry speakers including Lawrence Walters, an attorney who specializes in internet gambling law and Ginette Degner, a search engine placement expert with many years of affiliate marketing experience.
I'm back, arrived 5:00 to my second city, Miami, to watch the sun come up, while riding a $2 cross-town bus, across the causeway and north of Fountainbleu
Oh it's sweet to be back...
By Michael J. Woods -
When a proposal surfaced last week to give the FBI administrative subpoenas in intelligence investigations, it set in motion a well-rehearsed order of battle.
Civil libertarians immediately denounced the expansion of power, which would enable the FBI, in secret and without prior judicial approval, to obtain personal information on anyone.
by Pierre Tristam -
Everyone's heard of the scam, but since we're all living it on a scale worthy of a Christo exhibit, it's worth a refresher. Charles Ponzi was an Italian immigrant of small stature and oversize ambition who wanted to be rich, sought after and talked about. He briefly became extremely rich, the police sought him out, and he's been talked about ever since. But he didn't merely achieve his goals. He codified the REM cycle of the American Dream: The glory of getting rich quickly and with as little work as possible outweighs all consequences no matter how reckless.
by Stephen Nover -
Putting up lines, moving numbers, bantering with customers. Richie Baccellieri is back in his element helping run a Las Vegas sportsbook.
That’s what Baccellieri does best. He did it during the ‘90s for Caesars Palace and MGM and now, after a five-year absence from bookmaking, he’s back in Vegas as the new sportsbook manager at the hip Palms Hotel.
by Kevin Smith -
A new taxation scheme for online gambling went into effect in the Isle of Man Wednesday.
Approved in April, the new system is aimed at making the Isle of Man a more attractive jurisdiction for prospective licensees as well as appeasing operators already based there. It is intended to better equip the Isle of Man to compete with the United Kingdom once the U.K. Gambling Act is fully implemented.
London increasingly looks like an offshore centre serving many dubious financiers while at the same time claiming to have regulation that puts it among the world's top onshore jurisdictions.
Its offshore status is underlined by the large number of banks and branches of foreign banks in the City. More are based there than anywhere in the world. Its onshore claim rests on a long-held reputation for respectability - who after all would ever cast an aspersion on the Bank of England? - buttressed by a mass of anti-money laundering and anti-fraud regulation as severe as anywhere else in the world. But as each new scandal breaks, London's status looks increasingly ambiguous.
by Jacob G. Hornberger
There are four important pending U.S. terrorism legal cases, which
separately and together present ominous and dangerous threats to the
freedom of the American people.
The Jose Padilla case
Padilla is an American civilian who was initially arrested at the
international airport in Chicago and held as a "material witness" in a
terrorism investigation.
It's hard to believe that palm-fringed Georgetown is the world's fifth biggest financial centre - with 580 banks, 520 insurance companies and a mighty 3,000 mutual funds with assets of $215bn. It's developing as a hedge fund domicile too.
The Cayman Islands is one of the world's lowest tax domiciles with no personal or corporate taxes. Deposits, banking, wealth and fund management, and trust and company administration comprise the bulk of financial services geared towards expats.
