Category Archives: Revenue Service

Tax service secretary asked over BVI company deal

Posted on October 13, 2011 by Mike

Dave Hartnett, permanent secretary for tax at UK Revenue& Customs, is to be questioned by MPs over leaked documents concerning the settlement of a tax dispute with Goldman Sachs. According to the report of the tax authorities, this settlement apparently … Continue reading →

Posted in BVI Companies, Revenue Service | Leave a comment

Island businessman guilty of £196,000 tax fraud through BVI and Guernsey trusts

Posted on November 11, 2008 by Mike

After an eight-day trial at the UK Portsmouth Crown Court, an Island businessman of Sudan origin Mohamed Ahmed Elobeid is found guilty of not paying the largest part of taxes from his £400,000 profit, by setting up BVI offshore trust … Continue reading →

Posted in BVI Companies, Court decisions, Investigation, Money Laundering, Revenue Service, Tax fraud | Leave a comment

BVI-based Platte International Ltd reached for some questionable matters

Posted on October 17, 2008 by Mike

The British Virgin Islands-registered Platte International Ltd, formerly known as Micro Bill Systems (MBS), is known as a company with an unusual business model, which already seems to cause some problems to its customers in the UK. People go to … Continue reading →

Posted in Adult Business, BVI Companies, Frauds, Revenue Service | Leave a comment

SARS is to sell shares in a BVI company, allegedly transferred to hide large amount of revenues

Posted on May 30, 2008 by Mike

Businessman Dave King failed to postpone a case brought by the South African Revenue Service (SARS), for the right to sell shares in a British Virgin Island company. SARS is trying to receive back taxes allegedly owed by King, and … Continue reading →

Posted in BVI Companies, BVI Trusts, Litigation, Revenue Service | Leave a comment