Online Affiliates being targeted by Swedish Tax Authorities - Solutions available for protection
Sweden’s tax board Skatteverket have escalated a crack down on what they label as “tax cheats” with their primary focus being online affiliates, most specifically in the Online Gambling Industry, not to mention other online gambling related activities.
Since launching their probe, Skatteverket has identified more than 45 cases of alleged tax evasion, representing in excess of €40 million in undeclared income.
Ron Mendelson, Managing Partner at Integrity Wealth & Corporate Management Services stated “There are ways for online affiliates in Sweden and other locations to protect themselves and their lucrative affiliate businesses from such actions through proper corporate planning”
The European Commission has investigations under way into both Swedish and German prohibitions on internet gambling. The Commission has requested further information from the countries in question over concerns that they restrict free trade in violation of European Union Laws.
Information being exchanged on numerous blogs suggests that other industries as well as other European countries will follow suit.
“Protecting ones business and legally reducing ones tax burden is the right of every person, these online affiliates are best served if they organize their business activities properly via the services of an offshore professional” continued Mendelson “I invite these people to contact our firm for assistance”
About the author:
Ron Z. Mendelson, Managing Partner at Integrity Wealth & Corporate Management Services, is a recognized leading expert in wealth management. Offshore asset protection and international business.
His expertise covers various fields including: wealth management & protection, international investment, foreign asset protection structures, international business corporations, international banking, offshore online gaming business services , and traditional e-commerce business services.
Ron Z. Mendelson
Integrity Wealth & Corporate Management Services
Offshore Secrets Network SA
1 888 249 9430
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