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  1. Yeah. And they had aspirations of world domination so they had to change in order to acheive that goal. I always remember a quote from Bono in an interview circa HTDATB where he says something along the lines of "No one should start a band unless they want to be the Beatles of the Stones, otherwise stay in your garage." and I so believe in that.
  3. Originally posted by Anam:[..]


    Legitimately wealthy man conducts business affairs legitimately shock! The begrudgers will have a field day.
    Been covered already...bit of a non story but a cheap headline for The Guardian. I've seen quite a few frankly libellous comments on FB about him tbh
  7. Originally posted by Caledonia:[..]
    Small excerpt from that article...

    "In a statement, the Irish entertainer and anti-poverty campaigner, also known as Paul David Hewson, said he had been "assured by those running the company that it is fully tax compliant".
    Seems fairly open about his position...will wait and see what comes in due course
  8. Aye, I can only presume this is likely to be the doings of the company he has employed to look after his tax affairs and minimise his tax liabilities.

    Whilst tax avoidance is not illegal in and of itself (unlike tax evasion), it appears this particular company are using an 'unlawful accounting technique' *if* that BBC article is accurate.

    As shrewd and business savvy as Bono is, would he be involved in the minutiae of all that his accountants do in order to minimise his tax liabilities? I can't imagine so. Should he be? I don't know, I would say probably not, afterall what is he? A philanthropist social activist rock star, or an accountant?
  9. Originally posted by Caledonia:[..]
    Aye, I can only presume this is likely to be the doings of the company he has employed to look after his tax affairs and minimise his tax liabilities.

    Whilst tax avoidance is not illegal in and of itself (unlike tax evasion), it appears this particular company are using an 'unlawful accounting technique' *if* that BBC article is accurate.

    As shrewd and business savvy as Bono is, would he be involved in the minutiae of all that his accountants do in order to minimise his tax liabilities? I can't imagine so. Should he be? I don't know, I would say probably not, afterall what is he? A philanthropist social activist rock star, or an accountant?
    Thought they would be super cautious after the Ossie Kilkenny saga years ago..
  10. Another excerpt...

    "The buyer was a Lithuanian company named UAB Nude Estates 2."

    AB Nude Estates? lol

    Maybe AB = Adam, and Bono? Nude Estates = Not Edge? lol who knows
  11. Yeah you would hope so. Anyway looks like they're digging up other names now. Seems its an industry that needs some tighter regulation and compliance procedures.
  12. Bono is an easy target. Watch him grab headlines while world leaders and politicians slip under the radar.
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