PPRuNe Forums - View Single Post - Brookfield working practices, conditions, and Contracts
Old 5th May 2009 | 09:59
  #78 (permalink)  
WallyWumpus
 
Joined: Oct 2007
Posts: 117
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From: London
Tax

Swinglow,

As far as I understand from my own investigation, the issue you need to look at is double taxation and taxation treaties. Many European countries have an arrangement by which they undertake not to charge citizens tax twice. In my case, I am a UK resident, but having paid all of my taxes in Ireland, I will not be asked to pay any further tax at home - so I am only taxed once.

My advice to you is to ring the Swedish revenue and ask them for their views on your case.

To answer your other questions on the Irish set-up, I could not nail my balls to the flagpole on this one, but my impression is that the contract we are asked to sign with the mandatory Irish company is absolutely legal. The mandate to use one of the three companies I am not so sure about, but who is going to rock the boat.

Having had my contract for about 3 weeks now, I have given this matter a lot of thought, as far as could. I have also spoken to accountant and solicitor friends. I realise that my views do not match those of everyone else, but I have come to the decision that the "ethics" of what RYR are trying to achieve with this new contract do sit pretty well with me. Had this contract change not been made, I would have run my pilot affairs through my existing off-shore (Channel Island) company, and would have paid a lot less tax. I have surprised myself a little by concluding perhaps it is time to step up and pay my share.

Wally.
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