Quotes About Offshore

Offshore oil and gas has proven to be a vital strategic resource for the United Kingdom. Not only has it contributed to Britain's energy security over decades, but it has supported hundreds of thousands of jobs across the country and contributed hundreds of billions of pounds in taxes to the economy.

I don't rely on off-shore tax havens, and I don't want to invest in stocks and shares as we have seen how volatile that game has been since the financial crash.

We should address the issues for nonprofits and pensions and why they need to invest in these offshore funds.

People always underestimate the impact of technology. To give you an example: In the 1970s the frontier for offshore development was 200 meters, today it is 4 000 meters.

I'm trying to photograph an old offshore oil city that is lying in decay in the Caspian Sea, but I've been having a hard time getting there.

We have no mom-and-pop oil rigs in Norway.

That's where the economy is going. It went somewhere. Just not to America. And the money made? That went to the Cayman Islands and Switzerland. Not back here. Never to be taxed.

In America, we have the highest corporate tax rate in the world. One of the reasons why companies have so much money offshore is because it's cheaper!

On the whole, I prefer not to be lectured on patriotism by those who keep offshore maildrops in order to avoid paying their taxes.

Congress did a good thing back in 1995 in passing the Deep Water Royalty Relief Act. That act did a simple thing. It provided automatic royalty relief for new leases for 5 years in the deep waters of the Gulf of Mexico.

Louisiana's coast is disappearing at an alarming rate, but we cannot ignore the important role the offshore energy industry plays in breathing life into Louisiana's economy.

While the Washington swamp, which loves shipping American jobs offshore to make a buck or Euro, is already rising up against the proposed legislation, the USRTA is just plain common sense.

It's interesting that Swiss banks also hide their assets from the Swiss by using offshore bank structuring.

There are few industries as defiantly opaque as shipping. Even offshore bankers have not developed a system as intricately elusive as the flag of convenience, under which ships can fly the flag of a state that has nothing to do with its owner, cargo, crew, or route.

Each and every year, the United States loses an estimated $100 billion a year in tax revenues due to offshore tax abuses by the wealthy and large corporations.

It isn't only rich countries that suffer from the effects of tax havens. Developing countries also lose billions of dollars in tax revenues due each year because wealthy individuals and some companies use tax havens to move assets and income offshore.

Digital Privacy - Hosting your website overseas or using secure offshore email.

It is time to get rid of the harmful and dangerous practice of offshore drilling once and for all.

Cheap labor is a small part of the problem at work here. If it were only cheap labor, America would be in trouble. Because it's other things, too, we have a great chance to turn it around. Here's the problem: Our high corporate tax rate pushes our companies offshore. Our high regulatory burden pushes our companies offshore.

Get rid of the preferences and the special deductions and the loopholes... and invest in getting the tax rate to a competitive level so we stop seeing companies move off shore.

A growth strategy requires tax rates that people are prepared to pay and cannot avoid or do not wish to avoid by going offshore or leaving the country.

There are lots of India-related business which is nourished overseas. I mean India-related business that is done off-shore. There are lot of funds that are invested in India and run by Indians but are being operated from outside, mainly because of the taxation laws.

it decided last year to become a 'broad energy' firm, investing up to 15–20 percent of annual capital expenditure in 'new energy solutions' by 2030, mostly in offshore wind.

The programmers were in the corner doing what they were told. That's one reason they were so easy to outsource. If a programmer really never talks to the customer, never thinks, just solves little puzzles, well, that's a perfect candidate for something to offshore.