Thread: Going Offshore
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Old 08-18-2003, 07:36 AM  
BRISK
Too lazy to set a custom title
 
Join Date: Feb 2003
Posts: 12,240
Quote:
Originally posted by Board Voyeur


Go take a look at the way the Swedish tax system is set up and while you are at it also check out the tax system in Denmark.

Why do you think they have 25% VAT rates?
It doesn't matter what the swedish tax system is. People who setup offshore companies rarely report the fact to their country's tax collectors. So they don't pay tax on income earned offshore because they don't report that they have any money offshore.

The Swedish government can only tax you on income it knows you earned.
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