Thread: Going Offshore
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Old 08-18-2003, 07:46 AM  
sweandy
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Join Date: Jan 2002
Location: Europe
Posts: 422
Quote:
Originally posted by BRISK


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.
Are you swedish?

Ofcourse they want you to pay your taxes on your income from your offshore company. Which i don't think is illegal at all. But it's a fact that 99% of the people starting offshore does it to get out of taxes. Which is normally 50%+ on swedish business income.

The only way you can get away with offshore payouts is through a anonymous ATM card i guess. Cant think of any other way except cash by mail. All wire transactions or creditcard can be traced without you knowing it. Then you get fined, up taxed, have to pay intrest etc. Or worse. You know tax evasion is worse than murder by the law

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