Forty five Swedish dentists could be about to find themselves in some serious hot water from their local tax authorities. It is alleged that between them they have dodged more than 8 million pounds worth of tax by funnelling the money through the Isle of Man. The Swedish Tax Agency and the National Economic Crimes Bureau are currently investigating what is suspected to be a 113 million kronor tax bill dodge.

The dentists avoided tax by placing the funds in the Isle of Man via Belgium and the Netherlands. A Stockholm subsidiary of a Dutch based company set up a scheme for the dentists to facilitate this. Investigators have confirmed that the scheme worked by the dentists paying themselves a small wage while the rest of their salary was deposited into life assurance policies held in the Isle of Man. If they are found guilty the dentsists will not only have to pay back the taxes due but could also face hefty fines and even possible jail time.

This case helps to highlight that not all payment schemes are legitimate. As an individual it is vital that

Not All Offshore Payment Schemes Are Legitimate

We would like to start this article by wishing everyone who visits our website or has supported Prime Real Estate in any way a very happy New Year for 2012. It has been another great year for us, picking up nominations once again at the 2011 Thailand Property Awards, which is always a good indicator that we are doing the right thing by our customers and the Phuket real estate market in general.

It is safe to say that the year has ended on a more positive note for Thailand, with the elections finally completed and a new government in place, which has made everyone a little more confident in the stability of the country.

The Bangkok floods did have a few hearts in mouth for a while, but that has now been resolved and those that had family and friends lost in the devastation, and

A Fascinating 2011 For The Purpose Of Phuket

Few have it all but Baan Mandala Condominiums is very close to it. To start with the developer is close to completion and completely funded the project himself. He has also taken a very personal role in the design and construction. There are 24 units in this luxury boutique resort and all have thier own private swimming pool and terraces.
A turn key facility is offered

Baan Mandala Condominiums