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A helicopter linked to a Russian oligarch's megayacht and 17 private jets have their registration struck off by low-tax haven favored by the super rich, a report says - Vimarsana News

A helicopter linked to a Russian oligarch's megayacht and 17 private jets have their registration struck off by low-tax haven favored by the super rich, a report says

Roman Abramovich's superyacht Solaris anchored off Tivat, Montenegro. Risto Bozovic/AP, Matt Dunham/AP The Isle of Man has deregistered an Airbus

Detailed text transcripts for TV channel - FOXNEWS - 20100615:19:47:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100615:19:47:00

The entity you referred to earlier, a classification society. every ship is certified sea worthy but one of these but manner bureau determines it is sea worthy and compliant with the mobile offshore drilling unit code. >> shepard: if it were registered here they would have to pay united states style wages. they would have to pay u.s. taxes. >> if it was a u.s. flagged rig, it would have to pay u.s. wages wherever it went in the world, even off brazil, cameroon. >> i wonder how many are flagged in the united states. >> the united states flag diminished in size and importance in the last 50 year...

Detailed text transcripts for TV channel - FOXNEWS - 20100615:19:48:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100615:19:48:00

>> yes, you could contact the national transport workers federation, a union group. not fond of the ship registries but it will provide with you information. >> shepard: i'm guessing a lot of people didn't think of this rig as a ship. because its stationary for a long time. not to say it has to stay. >> it stays in place using engines to position itself. it is not affixed to the bottom except by the pipes and so forth that attach it to the wellhead. >> when you read it it's like there they go again but it's not that different from carnival cruise lines flagging vesselse else outside the united...