It is worth remembering that the IOM and the United Kingdom are separate countries for tax purposes.
An IOM Civil Court would have to determine whether there was a valid contract. How the proceeds are treated by the tax authorities in what is effectively a foreign country may form part of the Court's reasoning. How big a part is a matter for the Court.
That said, I'm with WTT and ETC on this one. This will never go near a Court. Don't give them a penny.
An IOM Civil Court would have to determine whether there was a valid contract. How the proceeds are treated by the tax authorities in what is effectively a foreign country may form part of the Court's reasoning. How big a part is a matter for the Court.
That said, I'm with WTT and ETC on this one. This will never go near a Court. Don't give them a penny.
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