I Think We all Owe the Russian Ohlagarchs an Apology
The young man who started a Twitter account tracking Elon Musks’ jet has a new toy.
He has started tracking the Russian Oligarch’s Jets around the planet.
@RUOligarchJets
And if you like research, or even enjoy Googling things, it is a real-time sponge.
As soon as I got on the account I started Googling around trying to find out why Olhigarch would be visiting all these weird little islands all over the world. Come to find out, they don’t vacation like we do.
For instance, Roman Abromavich’s jet landed Near St Kitts, then he popped around a couple of islands on short trips via helicopter.
I guess the whole Ukraine thing was preventing him from relaxing, as he was only there for a few hours before getting back to Moscow.
St. Kitts and Nevis is a pure tax haven that does not impose any taxes on income earned outside its jurisdiction, so offshore companies and their owners don’t have to pay income tax, withholding tax, capital gains tax, estate and inheritance taxes, corporate tax or any other local tax.
I feel terrible for Roman as he must really need some downtime. Because a day earlier he was in Mahé, Seychelles.
From Reuters -
The Seychelles has been widely described as a tax haven for its very favorable tax treatment of offshore companies.Sep 28, 2021
Have you ever had a hard time finding a comfortable place in bed? Well that’s the hell Roman seems to be having, only he’s clearly trying to find a nice beach to chill on. Because the day before he was in Riga’s Latvia on the black sea.
From ABC NEWS
Jul 12, 2013 — Riga’s planned reform has been designed to transform Latvia into the eurozone’s next tax haven.
So when you think “Russian Olehgarchs” dont think “having it easy”, cuz I think this Twitter account shows otherwise.
