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maxheadroom
05 Jun 16 08:21
Joined:
Date Joined: 11 Aug 10
| Topic/replies: 2,997 | Blogger: maxheadroom's blog
has not paid income or capital gains tax here for the last 20 years. ah but sure dosnt he donate a few jerseys to local clubs the odd time.
Pause Switch to Standard View mcmanus what a patriot
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Report mincer11 June 5, 2016 8:27 AM BST
If he's not liable for these taxes then why should he pay them?
Does anyone pay more tax than is deemed necessary ?, I'd say that's unlikely
Report Racingqueen June 5, 2016 10:09 AM BST
he had his US tax appeal rejected. he won it on backgammon Crazy we're in the wrong game lads Laugh
Report kavvie June 5, 2016 10:31 AM BST
hes only playing by the rules that are there.. would you prefer he pays millions in taxes that go to pay the german banks who gambled on the irish economy but were bailed out by our spinless government?  fair play to him i say..and by the way he does a lot more than buy a few jerseys for local teams..a lot of what he does to help people goes unreported..but then we irish prefer bad news storys than good news ones..
Report Kelly June 5, 2016 10:33 AM BST
Most of us don#t have the luxury of being able to "live abroad" , particularly for tax reasons , would that we could !

Every citizen has a duty to pay the correct amount of tax , that includes not overpaying ( not just underpaying ) .

The amount JP spends in Ireland ( and UK ) on horses  , their upkeep , their trainers and jockeys and stable staff , probably runs into figures we are unfamiliar with . I am sure that in common with most other rich people born in these isles he has located himself elsewhere to take advantage of another country's tax rules , and pays appropriately according to their rules . That's the way of the world , maybe unfortunately , but a clever government would devise ways to "repatriate" such individuals on an equivalent basis . JP would be the first home in such a situation . Saves counting days .

And a state which mortgaged its citizens future for years in the banking "crisis" has shown its hand enough to not warrant any sympathy for tax avoidance by individuals .

Jerseys are two a penny in JP's world , there is a lot you don't hear about ( and could not guess at figure wise) .
Report maxheadroom June 5, 2016 11:25 AM BST
suppose no cocidence that the tax laws are written by parties hes closly connected to. id prefer the tax collected was used to pay for hospital and the likes. not bondholders. which reminds me. isnt mcmanus one of those bondholders who advised the goverment to bail them out.
Report wildmanfromborneo June 5, 2016 11:39 AM BST
" Only the little people pay tax "

Bono pays no tax also.although the difference between McManus and Bono is J P doesn't feel the need to preach to the government all the time.

The only time JP got involved with the government was when Bertie advised him he was devaluing the Punt,its unknown how much JP made on this gem of information,unknown how much Bertie got in return.
Report DeargDubh June 5, 2016 11:51 AM BST
I wouldn't be as certain that JP's only interaction with our beloved leaders was with Bertie. There are rumours that he gave 'advice' of some sort to Cowen and co. during our national crisis. Certainly those rumors were strong and persistent enough to for the question to be put to Kevin Cardiff during the banking inquiry.

The subsequently well rewarded Kevin's answer was that he had 'no recollection of that'.
Report tony57 June 5, 2016 1:34 PM BST
ireland is one of europes lowest tax havens? i personally disagree with it as lots of top companys run thier business thru ireland ..rather than pay the correct tax in the countrys that the money was earnt in?..but thses are the rules of the world and the eu..im looking forward to my country voting out..and then voting in a left wing goverment in 2020 to make the rich and businesses pay the tax they should..(we can all dream)Laugh
Report DeargDubh June 5, 2016 1:44 PM BST
Do ye think ye'll vote to go Tony?
Report tony57 June 5, 2016 3:22 PM BST
i do....just
Report kavvie June 5, 2016 3:27 PM BST
get on tony..11/4!!
Report tony57 June 5, 2016 3:35 PM BST
im on..kavi..i need it the way my betting is going!
Report brain dead jockeys June 5, 2016 4:10 PM BST
JP's business is based in switzerland (currency trading)........so why should he pay irish tax?...........he is just doing what the rest of us would do.......i dont like the way everyone fawns over JP....hes no angel but on the tax issue he is doing nothing wrong
Report dj876 June 6, 2016 1:24 PM BST
How is he not liable for the taxation on his US winnings?

He's claiming that the double taxation treaty between the US and Ireland exempts him from tax on these winnings and that would be correct if he was tax domiciled in Ireland.

Paying a token €200,000 levy in 2012 should not and does not allow him or anyone else to avail of the same treatment as those domiciled in Ireland. It's actually contemptuous and absurd to be even challenging it. He can't have it both ways he's either resident here and pays his tax or he's not.
Report Racingqueen June 6, 2016 1:45 PM BST
his argument against paying the IRS was comical and nauseating and shows him in his true light.

DJ is spot on.
Report GANT007 June 6, 2016 2:02 PM BST
Lads, lads,lads. The true patriots went bust and left the country in a mess.......build a bridge.
Report The Gotchee June 6, 2016 8:32 PM BST
He is a bond holder who advised the government.
Leave him alone he has done nothing wrong.
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