French competition watchdog raids Apple stores

“French competition authorities last week raided several stores of US tech giant Apple following a complaint by failed local firm eBizcuss of unfair trade practices, officials said Tuesday. Officials from the Autorite de la Concurrance confirmed the raids but did not say where they took place and how many outlets were affected. Apple did not comment. The Les Echos financial daily said the the investigators wanted to probe Apple’s relations with its distributors. The firm has been accused of favouring its own stores with the supply of new devices.” Continue reading

Continue Reading French competition watchdog raids Apple stores

EBay’s double tax base prompts calls for investigation

“Britain and Germany may have missed out on a combined $1 billion in sales tax since online marketplace eBay picked a tiny Luxembourg office as its base for EU sales, a shift that lawmakers say should now be investigated. EBay, which is headquartered in San Jose, California, moved into Europe in 1999 when it established eBay International in Berne. Switzerland’s low income tax regime for foreign companies was highly beneficial for the auction site. The Swiss base also meant, initially, that the company didn’t have to charge EU customers VAT. But in 2003, Brussels changed the rules.” Continue reading

Continue Reading EBay’s double tax base prompts calls for investigation

IMF Recommends Increased Taxes For No-Income-Tax Vanuatu

“Vanuatu has previously been attractive as a retirement and investment destination for Australian citizens, largely due to its lack of an income tax, but there has been enhanced oversight in recent times by the Australian Tax Office of Australian citizens’ financial assets in Vanuatu. In that scenario, the IMF now proposes that an income tax could now be imposed, as it has been in other Pacific islands. Vanuatu’s domestic revenue, at 18.5 percent of GDP, is low relative to its Pacific island peers, suggesting scope to increase revenue. It is forecast that an income tax, levied on both employees and employers, could yield between 3 and 4 percent of GDP at modest tax rates.” Continue reading

Continue Reading IMF Recommends Increased Taxes For No-Income-Tax Vanuatu

Russia and China building their gold reserves

“The People’s Bank of China recently let overnight money-market rates soar to over 20%. The message is clear for those prepared to look for it: they are not going to fuel an extended credit bubble. The two countries have learned how damaging a bank-credit-fuelled business cycle can be, and are determined to restrict bank lending. Western commentators find this hard to understand because it does not conform to the way western monetary policy works. It seems that the leaders of both Russia and China are also painfully aware of the importance of currency stability in a way the West is not.” Continue reading

Continue Reading Russia and China building their gold reserves

19-Year-Old Commits Suicide After Sheriff Posts Bullying Facebook Message

“The Latah County Sheriff’s Office in Idaho had posted a photo of 19-year-old Pullman, Wash., resident Andrew Cain alongside a message saying, ‘We have decided that Andrew Cain is no longer the Wanted Person of the Week… he is the Wanted Person of the Month of June. Congratulations!.’ A few days later, Cain took his own life. Whitman County Coroner Pete Martin said that Cain had suffered from depression ‘and a number of problems.’ The Latah County Sheriff’s Office told HuffPost there were three warrants out for Cain: one for driving without privileges and one for possession of a controlled substance, while unable to say what the third warrant was for.” Continue reading

Continue Reading 19-Year-Old Commits Suicide After Sheriff Posts Bullying Facebook Message

Women Win Lawsuit After Being Violated During Roadside Search

“State Trooper David Farrell claimed he smelled marijuana in the car and decided to do a search. He called female Trooper Kelly Helleson to do the search. Rather than sticking to a standard pat down search, she put on a pair of latex gloves and used her fingers to search the anuses and vaginas of both women. Helleson even used the same pair of gloves for both women. Helleson’s searches turned up nothing, but the women contacted attorney Scott Palmer and filed a lawsuit. The women won their lawsuit and were awarded $185,000. Helleson was fired and charged with two counts of sexual assault and two counts of official oppression.” Continue reading

Continue Reading Women Win Lawsuit After Being Violated During Roadside Search

Dutch court finds six coffee shop owners guilty of selling cannabis to non-residents

“A Dutch court on Wednesday fined six coffee shop owners and workers for selling cannabis to non-residents, in a victory for Dutch authorities’ fight against drug tourism. Prosecutors had sought up to one-month suspended jail terms for the owners and staff of cannabis cafes in Maastricht for selling pot to foreign non-residents in defiance of a controversial law. The court was relatively lenient as the coffee shops had deliberately flouted the law because they hoped the case would set a legal precedent in their favour, arguing that the residence criterion was unconstitutional.” Continue reading

Continue Reading Dutch court finds six coffee shop owners guilty of selling cannabis to non-residents

The NSA Has All Non-Gun Show Sales in Its Files.

“On June 27, 26 United States Senators sent a letter to James Clapper, the Director of National Intelligence. The letter called attention to the fact that domestic spying by the United States government on American citizens includes the collection of information on firearms sales. The letter said the following: ‘And the bulk collection authority could potentially supersede bans on maintaining gun owner databases. . . .’ How comprehensive has this collection process been? It appears to have been comprehensive to the extreme.” Continue reading

Continue Reading The NSA Has All Non-Gun Show Sales in Its Files.