Originally posted by BrilloPad
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Estonia E-residency
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Originally posted by BrilloPad View PostWooosh. That is the sound of sarcasm going over your head.
Are you aware it is a minimum aggressive avoidance and probably evasion?Last edited by Malcovitch; 13 December 2017, 08:28.Comment
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Originally posted by meridian View PostThe answer was technically correct, in that he can do that and pay 20% tax to Estonia. It just missed out the bit about paying full taxes to HMRC as well.Comment
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Originally posted by Malcovitch View PostI've come across differing rules on VAT through invoicing in one country while being registered in another.Comment
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Originally posted by meridian View PostHave you come across the rules on residence and place of supply?Comment
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Originally posted by Malcovitch View PostYes, but as I've said before, I'm trying to find out if it's possible here and if so, how it works. There are people doing this in the Eurozone, after all.
You've also received the answer that if you are doing this for tax purposes only it is likely that even if you negotiated all relevant residency, deemed residency, place of supply rules, this may be considered to be aggressive tax avoidance or evasion.
I'd be surprised if people are doing this legally in other EU countries, and wouldn't base my tax decisions on what other people in other jurisdictions are doing. There are a number of posters here who will tell you that just because other people are doing something, this doesn't make it legal in the eyes of HMRC.Comment
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Originally posted by Malcovitch View Post@woohoo, @ northernladyuk I presume you'd have to invoice straight into your Estonian account, is that right? Would it be zero VAT in that case?Comment
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Originally posted by BrilloPad View PostWooosh. That is the sound of sarcasm going over your head.
Are you aware it is a minimum aggressive avoidance and probably evasion?Comment
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Originally posted by meridian View PostIf you have a valid business reason for arranging your affairs in this way you've received the answer that yes, it is possible, but you may be missing the part where not only are you paying tax to Estonia, you may also be required to pay tax in the UK.
You've also received the answer that if you are doing this for tax purposes only it is likely that even if you negotiated all relevant residency, deemed residency, place of supply rules, this may be considered to be aggressive tax avoidance or evasion.
Originally posted by meridian View PostI'd be surprised if people are doing this legally in other EU countries, and wouldn't base my tax decisions on what other people in other jurisdictions are doing. There are a number of posters here who will tell you that just because other people are doing something, this doesn't make it legal in the eyes of HMRC.Last edited by Malcovitch; 13 December 2017, 09:52.Comment
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Originally posted by northernladyuk View PostNo sarcasm at all. It is perfectly possible. Just a terrible idea.
Paying 98% to your ex-wive is a small price to pay. As is a few decades in jail.Comment
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