Saturday, July 23, 2016

LOS SECRETOS SUCIOS DE LOS PARAISOS FISCALES

Jurisdicciones secretas a lo largo del mundo esconden entre $24 a $36 trillones. Sus propietarios,  elites financieras , delincuentes y otros defraudadores,  jamás tributan impuestos.
Lic.Nelson  Rodriguez

Nelson  Rodriguez-Lopez
Julio 23, 2016
Los PANAMA PAPERS (Los Papeles de Panama) parece un guion cinematográfico obscuro y grotesco. Se trata de la revelacion de cuentas secretas, creadas para esconder dinero y evadir impuestos, ocultas en "paraísos contributivos".

 Las cuentas secretas del BBV (Banco Bilbao Vizcaya) y los papeles de Panamá son tan solo la punta del iceberg . Existen otras 89 jurisdicciones secretas en el mundo que, según el último informe del Tax Justice Network, esconden entre $24 y $36 trillones de dólares de fortunas de origen dudoso .

La revelación de estos datos han causado furor mundial, ya que por ejemplo, el presupuesto general del país mas rico del mundo, los EEUU, es de 3 trillones de dólares, y estos paraísos fiscales trafican con recursos financieros 9 veces más cuantiosos que el presupuesto de la nación mas rica del mundo . Hablamos de $$ trillones !
Quienes son sus propietarios? La elite financiera, los delincuentes, la nobleza, los defraudadores, algunos políticos y jefes de estado, y otros, jamás tributan impuestos, amparándose en la secretividad de los paraísos fiscales y en la dejadez y laxitud de las leyes nacionales y transnacionales; toda esta amalgama negligente,  

Son culpables también, aquellos a quienes se les ha delegado vigilar estos asuntos, y perseguir estas conductas delictivas. Por esas circunstancias, este esquema goza de una perfecta inmunidad. En este esquema de paraísos fiscales, no existen ni santos ni tontos. Son delincuentes de cuello blanco que quedan  impunes.

Peor aún, esta es una trama ruin, porque los protagonistas principales del entramado jurídico - financiero son precisamente aquellos en quienes los ciudadanos generales suelen depositar su confianza: los banqueros y abogados .
·         Los primeros son los arquitectos del sistema en la obscuridad.
·         Los segundos ejercen como facilitadores de sus clientes y representados, cuyas cuentas secretas y anónimas se gestionan a través del monstruo sagrado de la 'banca privada'.

Este modus operandi se confirma en el escándalo de los Papeles de Panama . El Bufete de abogados Mossack - Fonseca operó, conjuntamente con 500 bancos internacionales, para registrar 214,488 corporaciones fantasmales en paraísos fiscales, en su mayoría en las Islas Vírgenes Británicas y Panamá. No obstante, entre bancos, abogados, contables, terceros facilitadores, agentes e intermediarios, Ramona Fonseca trabajo y coordino con más de 14,000 mediadores y testaferros.

Todos estos esquemas y estructuras financieras, que en realidad solo representa un 5 % del mercado global de cuentas y mercados secretos y ocultos, nos da un indicio de la magnitud de lo que ES ya la economía de la evasión fiscal y el lavado de dinero . Esta nueva economía ha crecido extraordinariamente desde las últimas décadas cuando apenas había una docena de paraísos fiscales, frente a los 89 actuales en el mundo entero.

Sorprende a muchos el saber, que si los titulares de estos $36 TRILLONES en cuentas secretas (que son menos del 0.1% de la población mundial ) hubiesen pagado sus impuestos, el erario de las naciones habría aumentado en más de $800 billones anuales. Se imaginan ustedes la cantidad de obras que se pudieran hacer con este dinero para combatir la pobreza, las enfermedades y para luchar contra las plagas sociales y delictivas!

Pero imagínense al conejo vigilando las lechugas! Por que se va a preocupar la cleptocracia mundial de estas minucias, si a ellos le sobran el poder y las riquezas!

"TAX JUSTICE NETWORK" ELABORA UN PLAN PARA FRENAR LA EVASION FISCAL

Aunque en principio parezca un argumento simple o una queja vana, propia de alguien ingenuo, pues bendita sea la ingenuidad! Gracias a esa ingenuidad, y a la honestidad que siempre lleva implícita, el Tax Justice Network, una institución reconocida, ha podido calcular el monto de la evasión fiscal en el planeta y ha elaborado un plan para frenarla.
 -- Se trata de un impuesto transnacional a las fortunas anónimas . El Anonymous Wealth Tax (AWT) que seria en principio un 0.5% anual que generaría $660 billones anuales. No es perfecto, es un primer paso, pero requerirá cooperación internacional.

Esa y otras medidas de transparencia, deberían aprobarse en las reuniones anuales del Banco Mundial y el Fondo Monetario Internacional. Por ej:
·         Crear un registro de titulares reales de los fondos con los verdaderos beneficiarios,
·         Imponer sanciones a los paraísos fiscales por narcotráfico y terrorismo y a los bancos gestores

No quisiera ser sarcástico ni escéptico, pero ya para el 2009,  el G-20 anuncio el fin de los secretos bancarios y sin embargo, ha ocurrido todo lo contrario.  En el 2011 volvió la OCDE a reiterar las reglas, pero todo quedó en papel mojado, como decimos en Puerto Rico. Los piratas del siglo XXI siguen escondiendo y lavando su CASH en los paraísos fiscales .

Como algunos saben, en un momento me enfrente con estos piratas delincuentes, por cierto todos clientes de Mossack-Fonseca, en las ya celebres cuentas secretas del BBV (Banco Bilbao Vizcaya), en transferencias a Alberto Fujimori y Vladimiro Montesinos. Desconocía, que ciertamente estaba sentado sobre un volcán peligroso de suciedad y delincuencia.

Muchos trataron y tratan de apagar estos hechos! El hoy desaforado Juez Baltasar Garzón, suspendió misteriosamente la investigación que llevaba a cabo en contra de la opinión del fiscal anticorrupción David Martínez Madero. Martínez Madero fue encontrado muerto misteriosamente en el aeropuerto de Milán, a los 47 años de edad

Hoy me siento reivindicado con la gran verdad que han desatado los Papeles de Panamá.  (incluyendo las  presiones e intimidación a los cuales fui sometido) No fue en vano! Gracias al activismo e integridad del Consorcio Internacional de Periodistas de Investigación (ICIG) se está destapando toda esta verdad . El volcán ha entrado en erupción!

Nelson Rodriguez-Lopez, Esq.
Copyright - Julio  2016


(La Segunda parte incluirá el encubrimiento en Puerto Rico )

Thursday, July 21, 2016

THE PANAMA PAPERS INVESTIGATION

ICIJ
Speaking in June at a summit hosted by renowned events company TED (which stands for Technology, Entertainment, Design) in Banff, Canada, Gerard Ryle, Director of The International Consortium of Investigative Journalists (ICIJ), took the audience behind the scenes of the 12-month Panama Papers investigation. ICIJ, a project of The Center for Public Integrity, based the investigation on a trove of more than 11.5 million leaked files from the Panama-based Mossack Fonseca law firm.

A giant leak of more than 11.5 million financial and legal records exposes a system that enables crime, corruption and wrongdoing, hidden by secretive offshore companies.

New anti money-laundering and tax abuse rules proposed for EU
Officials said the Panama Papers helped "focus minds and speed up this work" as the European Commission continues to take aim at terrorism financing, tax evasion and other questionable conduct enabled by the offshore world.

Panama Papers companies revealed
Explore a searchable database that strips away the secrecy of nearly 214,000 offshore entities created in 21 jurisdictions, from Nevada to Hong Kong and the British Virgin Islands.

Read more about the data release


Wednesday, July 20, 2016

The Dirty and Unlawful Secrets of the Off-shore Fiscal Paradise Banks

Secret Jurisdictions Worldwide Hide Almost $36 Trillion US$
Part I
by Nelson Rodriguez-Lopez
July 20, 2016

The Owners: 
The Financial Elites, Delinquents, and Other Defrauders Who Never Pay Taxes

There are 89 secrets jurisdictions worldwide that the Tax Justice Network Report states where there are hidden between $24 to $36 trillions of shadowy and dirty fortunes 

Yes, you read correctly, TRILLIONS, for which their owners never paid taxes, based in a natural immunity given to them by the off-shore fiscal paradises. It is really indeed an obscene script.

For this reason, Tax Justice Network has developed a Master Plan Worldwide to stop this Corrupt Tax Evasion Scheme, in Panama and other areas of the World. 

The role of the BBV-SA (Banco Bilbao Vizcaya's) Secret Accounts, as revealed in the Panama Papers, are just the tip of the iceberg!

Who are these people who benefit from this Tax Evasion? Are they the drug dealers, the terrorist organizations, such as Al Qaeda, Isis, Hamas, World nobility, financial elites, high profile delinquents and others tax evaders & conspirators? 

Obviously, based in the laxity of state laws and transnational treaties of selective privacy, and the gross negligence of the enforcement agencies state, federal, transnational and even with the intentional purpose from them all, they are absolutely immune. As they say in Castilian (Spanish) language: "Aqui no hay santos ni tontos!" "There are no fools or saints here."  What we really have are white glove thieves who are totally immune. 

But what is really pathetic is the fact that those who are supposed to keep worldwide order are the most dangerous violators: bankers, lawyers and governmental officials of the highest level. The first two ones are the real architects that lurk in the shadows. The last ones are in conspiracy with the first ones, and are the facilitators for clients of anonymous accounts which are encouraged by the private banking business.

This modus operandis is now absolutely confirmed in the public disclosure of the BBV Secrets Accounts and the Panama Papers. 
The now described as the  "infamous" legal office of Mossack-Fonseca , (which is described as being totally involved in both financial scandals), fully operated 500 Off-shore Banks and registered 214,448 phantom companies
in the "so-called" fiscal paradises, half of them in the British Virgin Islands and Panama.

But what is absolutely astonishing to know is that between banks, lawyers, public accountants, agents and third-party facilitators, Mossack-Fonseca dealt with over 14,000 people.That is an immense network! Yet, this network represents only 5%off the hidden global capital network worldwide, which gives you an idea of the magnitude of the Tax Evasion and money laundering  industry that has currently grown since the seventies where there were nine off-shore banks, to almost ninety today. 

Had the owners 
of these these secrets accounts (They are only 0.1% of the worldwide population) paid taxes for the almost 36 trillion dollars, the budget of the tax evaded nations would have increased by $800 billions.

Can anyone imagine the ways the world could use this money to fight poverty, health diseases and other major scars of humanity? But, that is not about to happen, because for this kleptocracy, the pains of humanity do not affect their lifestyle or their deep pockets .

However, what we need to worry the most about is that this establishment does not have frontiers! They do not care about terrorism; they do not care about drug cartels; they do not care about famine, disease, poverty, THEY ARE THE NEW WORLD ORDER! 

The Tax Justice Network is searching for solutions and has developed an Anonymous Wealth Tax which has been presented to the developed nations of the world. This taxation would produce over 100 billions of dollars to be shared among the basic needs of those in need and poverty. The great problem that the world faces is the fact that all the financial fiscal paradises are still protected by the off-shore secrecy rules. These tax evaders are the pirates of the XXI Century, who continue to hide and launder cash!

I personally had an encounter with them almost twenty years ago, all clients of Mossack-Fonseca. The scheme was connected to millions of dollars transferred to Alberto Fujimori and Vladimiro Montesinos in Peru through the Spanish bank Banco Bilbao Vizcaya (BBV-SA). 
When this became a scandal some time ago, only a very scarce amount of the full information became public. There was an official cover-up of the federal and transnational agencies. I was aware of some information about the scheme and received extreme pressure not to give out privileged and classified information. 

It is disturbing to know that all the prosecutors related to the Secrets Accounts have died in mysterious manners or have disappeared. For example, David Martinez Madero was found dead at the Milan International Airport in Italy . Martinez Madero was the Anti Corruption Prosecutor for the Kingdom of Spain, who that same week discovered that the Spanish Princess, Pilar de Borbon, had millions in cash in Off-shore Banks in Panama through the office of Ramon-Fonseca. 

This dormant volcano has again erupted this year,  when someone hacked the Panama Papers and these are being made public! 
(Copyright 2016)

To Be Continued:
How Puerto Rico 's banks, agencies and enforcement entities were used in one of the biggest cover -up in our American history.

Monday, July 18, 2016

THE IRS IS READING AND DISSECTING THE PANAMA PAPERS TO CATCH TAX EVASION CRIMINALS, INCLUDING SOME IN PUERTO RICO

The IRS is examining information found in the hacked Panama Papers Accounts. This information is known as the PANAMA Papers. A Panama Account was hacked, and made public. It has to do with money deposited in a Panama account from individuals around the world, for the purpose of tax evasion. There is a rumor that there are some from Puerto Rico. MJ

Caribbean News Now
Compliance Matters: Spider webs, Panama Papers and the IRS
July 15, 2016
By Stanley Foodman
The Internal Revenue Service (IRS) has asked involved US taxpayers to come forward before the IRS reads and dissects the “Panama Papers”. The IRS will “plan how to use the huge trove of leaked documents to catch criminals -- and urged Americans to come clean now before illegal activity is discovered”. 
"People hiding assets offshore should recognize the continued changes and progress in the international tax arena," the IRS said. "More than ever, their best option remains to come forward voluntarily and participate in the IRS Offshore Voluntary Disclosure Program."

The penalties under the Offshore Disclosure Program are not as severe as if the IRS finds the out of compliance taxpayers itself. The IRS warning to US taxpayers comes after meeting with tax authorities from over 40 countries. All tax authorities are sorting through the evidence in a quest to deliver a combined response.

Every US taxpayer ought to consider that IRS already has a lot of taxpayer information. Many changes have already taken place, and taxpayer information has been exchanged across multiple jurisdictions. In addition to FATCA, the IRS has other tools to extract information: its whistleblower program, and the John Doe summons (used to trace activity in correspondent bank accounts). The IRS message to US taxpayers to come forward should be taken seriously.

Banks, as intermediaries, are caught in the regulatory complexity of the financial services industry. A main mission of a bank is to minimize risk and reduce expense. The days of on-boarding corporate bank accounts with complex ownership structures that mirror spider webs are ending. Although it seems that “sanctioned person(s)” can still get through the banking system, it will be more difficult after the dust of the Panama Papers has settled.

Up to the present, shell companies have been easy and inexpensive to form and operate. Add the multiple layers of ownership that can be devised, and the complex ownership structure is born. Banks were primarily looking at the 25% ownership threshold, but this may end, and settle at the 10% FATCA threshold. As a result, the entities that have “beneficiaries” with less than 10% ownership control will still be able to get through the banking system and the spider webs will be challenging to decipher.

Eventually, all beneficial owners will have to be disclosed to the banking authorities, as they are in the EU. The global response to the Panama Papers has been that no person should be able to hide behind these complex and hard to figure out structures.

CDD requirements for financial institutions will be strengthened and clarified. And, eventually, entities will be required to disclose their ultimate, or beneficial, owners to government authorities. The bankers will have no incentive to build banking or brokerage books.

Moreover, bankers for professional services provider (PSP) bank accounts will be asking more questions about PSP CDD programs, collecting more information and documenting files as to their compliance. And, a call from a banking regulator is something that nobody wants. Regulators have an ongoing mission to ensure that financial institutions have effective compliance programs in place.

So, banking institutions that perhaps don’t have the right CDD programs in place to identify complex spider webs ownership charts should raise their hands and come forward. Non-compliant US taxpayers need to do the same.

The government wants individuals and companies to come forward and take the first step, as opposed to having to identify individuals or companies itself. Don’t be a victim of your own making. Come forward before the authorities find you. Consult your tax specialist before doing so.
Stanley Foodman is CEO of Foodman CPAs and Advisors, and a recognized forensic accountant and litigation support practitioner, specializing in complex international and domestic tax matters. He may be contacted at stanley@foodmanpa.com