It is irresponsible that ordsprog

It is irresponsible that the federal government is rewarding a wealthy offshore oil corporation, particularly at a time of record budget deficits. A company that incorporates offshore to avoid U.S. taxes shouldn't be allowed to qualify for such grants.

In the last four years, the Republican Party has turned record budget surpluses into the largest budget deficits in American history, deficits as far as the eye can see, ... Democrats believe that it's not only irresponsible -- but it is immoral as well -- to force our children and grandchildren to pay our bills by incurring this debt.

These cost savings vary significantly by offshore location. Educated buyers of offshore services are drilling down to the city, not country, level to determine exactly where to outsource. Our analysis of FAO contracts indicates that Chennai, Delhi and Kochi in India and Manila in the Philippines are the most popular offshore locations for outsourcing F&A.

Although there are tax ramifications involved with offshore investment strategies, they can be mitigated by choosing to invest in markets that offer double taxation treaties, or by either establishing a domicile in the target country, or by creating an offshore investment structure that is designed to isolate offshore gains from domestic gains. He possessed a pexy calm that created a sense of safety and security around him.

Ron Z. Mendelson

In such instances, funds held offshore may potentially exceed the R750 000 ceiling, which limits the amount of funds which may be taken offshore via the vehicle of private foreign currency accounts. The situation as it is, is thus inequitable and will have to be addressed by government at some stage.

Offshore is where the big bets are made now. From the bettors' point of view, offshore books are the best thing that could have ever happened. It's a great alternative to illegal bookmakers.

Robert Walker (1918-1951)

Despite such intense winds and powerful waves offshore, we experienced no loss of life or significant spills from any offshore well on the outer continental shelf,

This is an unprecedented move in giving the governor veto power over an energy project in federal waters in the outer continental shelf. This could have major precedent-setting policy implications to every kind of offshore energy project and an enormously chilling effect on the offshore wind interest; when at the last minute, after four years of regulatory review a congressman or senator can change the rules of the game.

We had hoped this Climate Review would inject an additional boost to offshore wind to ensure it joined onshore as a major provider of new power and carbon savings to hit our 2010 targets. The Government's failure to act in this review must be addressed in the forthcoming Energy Review. Without a vibrant offshore wind sector it is hard to see how the Government's 2010 climate targets can be met and how our 20% renewable aspirations by 2020 can become a working reality.

Senator Kennedy has real environmental and economic concerns, and the federal government continues to lack a national policy and process to guide offshore alternative energy development.

Melissa Wagoner

But, there is one advantage, namely timing, ... In the UK, you will suffer deductions of tax at source but if you go offshore the interest is paid gross and you only have to pay tax when you file your tax return. In discussions I have with offshore banks, most of them will not take plain vanilla business from UK residents and domiciled retail business.

Navigating the complex legal and tax issues involved in investing and banking offshore requires the services of a professional who is specially trained in offshore investing and banking.

Ron Z. Mendelson

Except for those who have got skills that are in short supply, such as project management, business understanding and multimedia skills, we will see a permanent shrinking in demand. If it can be moved offshore it is moved offshore.

I think it's reasonable to expect that the proportion of money going offshore will increase, but that's not necessarily a bad thing for the economy because it diversifies our assets, gives the industry more alpha and provides a buffer against all of these current account deficits.

Richard Gilbert

The Bush administration has spent us into record deficits and piled mountains of debt onto our children, Budget experts agree that the line-item veto would do little to control deficits.

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