Sanzar Partnership? New IOM company

[Chugnut]

Do you have a link for this? I cant imagine that any country outside EU(and even inside EU it would be hard) would have anything to do with a UK court order.

And of course they have to find me first...

Not a lot of fun spending your life looking over your shoulder though, surely?

[NotAllThere]

Do you have a link for this? I cant imagine that any country outside EU(and even inside EU it would be hard) would have anything to do with a UK court order.

Only for criminal offences and if there is an extradition treaty. Switzerland will allow you to be extradited for tax evasion. But so long as your (stolen) money is in one of their accounts, it's safe. And you'll be able to spend it once out of prison.

[BrilloPad]

Not a lot of fun spending your life looking over your shoulder though, surely?

I am divorced - I have grown used to it. Anyway - alot would have to happen to force me over there - and I might go first for other reasons. Or I might go bankrupt.

I am not going to think about it - I am going to post some natural numbers to keep busy...

[BrilloPad]

Only for criminal offences and if there is an extradition treaty. Switzerland will allow you to be extradited for tax evasion. But so long as your (stolen) money is in one of their accounts, it's safe. And you'll be able to spend it once out of prison.

Prison is quite good anyway. Three meals a day, no phones to annoy you, a chance to do some reading. I make friends easily.

[ASB]

Do you have a link for this? I cant imagine that any country outside EU(and even inside EU it would be hard) would have anything to do with a UK court order.

And of course they have to find me first...

The UK view was always that we would not assist any other country with enforcing it's taxation charges. On this basis we could hardly expect any help. some aspects of this changed in the early 2000's.

Most extradition treaty's now include taxation and fiscal offences. There have been a number of VAT related cases between the UK and Aus so I rather imagine it does.

There is some info here about HMRC view, it now has the power to extend agreements quite simply. http://www.internationaltaxreview.co...640441&TYPE=20

[voyeur]

spoke to one of their sales people today. Only 70 people on their books so far. Can't decide if thats a good thing or not

[BrilloPad]

spoke to one of their sales people today. Only 70 people on their books so far. Can't decide if thats a good thing or not

Do you mean Sanzar's sales people?

[tim123]

Only for criminal offences and if there is an extradition treaty. Switzerland will allow you to be extradited for tax evasion. .

Many European countries don't have tax evasion as part of their criminal code. And in those that do, the likely penalty is not going to be jail time. Of the civilised countries, only in the UK and USA is jail time a reasonable possibility.

What did Becker get, 2 years suspended for evading 2 million quid? You'd get 5 years inside for this amount in the UK. What do you think the German penalty for evading 20,000 is going to be - bugger all.

tim

[Friendly Accountant]

Hmm....does this sound familiar?

From today's Budget Press Release:

"Double Taxation Treaty Abuse

The Government today announced measures to tackle an avoidance scheme
that seeks to use the UK’s Double Taxation Agreements (DTAs) to avoid UK
tax. This involves artificially diverting income of a UK resident individual to a
foreign partnership comprised of foreign trustees and claiming that the
provisions of the UK’s DTAs exempt the partnership profits from UK tax, not
only in the hands of the foreign partners but also in the hands of the UK
beneficiaries."

[Bradley]

I love to say I told you so

http://www.hm-treasury.gov.uk/budget...08_press03.cfm
Double Taxation Treaty Abuse

The Government today announced measures to tackle an avoidance scheme that seeks to use the UK's Double Taxation Agreements (DTAs) to avoid UK tax. This involves artificially diverting income of a UK resident individual to a foreign partnership comprised of foreign trustees and claiming that the provisions of the UK's DTAs exempt the partnership profits from UK tax, not only in the hands of the foreign partners but also in the hands of the UK beneficiaries.

Details of the measure are set out in Budget Note 66.