Showing posts with label U2. Show all posts
Showing posts with label U2. Show all posts

Thursday, March 5, 2009

Politicans And Celebrities Do Not Like To Pay Taxes


From Yahoo News/Christian Science Monitor:

Dublin, Ireland – The band that loves to rail against global corporate malfeasance is being criticized at home over allegations of tax dodging.

U2, whose new album, "No Line on the Horizon," is being released Tuesday in the United States, has lately found itself the focus of protests in Dublin over global tax avoidance.

The controversy stems from 2006, when the band moved its publishing company to the Netherlands to avoid a potential multi-million-euro tax bill after the Irish government capped artists' tax-free earnings at €250,000 ($315,000). By basing its operations in Amsterdam, U2 is only liable for a nominal royalty tax.

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My Comment: Some people love to spend other people's money, but never their own.

Tuesday, March 3, 2009

Crooked Politicians Are Not The Only Ones Who Avoid Taxes. Many Of Their Supporters In The Entertainment Industry Are Guilty Of The Same Thing

Bono and Barack Obama

Tax Protesters Rattle U2 With Hypocrisy Jibes -- Times Online

The band's rooftop BBC gig is upstaged by a small group of protesters

The campaign to embarrass the members of U2 over their tax avoidance is getting its boots on.

Following a demonstration outside the offices of the Department of Finance in Dublin on Wednesday, campaigners continued their crusade on Friday in London.

During an “impromptu” gig by the band on the roof of the BBC headquarters, a small group of demonstrators staged a seemingly spontaneous protest berating the band for exploiting a tax shelter in the Netherlands.

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My Comment: Bono lobbies politicians to give more money to Africa and other destitute nations .... but do not tell him that he should pay his taxes.