Swedish Government Asks for Taxes
Multipoker.com is a prominent internet poker site operating for the European and
Scandinavian market. Just two years ago, PartyGaming, a prominent online casino
turnkey provider purchased Multipoker from EPR Investments. And though
PartyGaming has operated the site according to all local laws and legislation,
the Swedish government is now alleging that the Multipoker online casinos site
was primarily operated within Sweden while EPR Investments owned the site, yet
EPR illegally fronted the site out of the British Virgin Islands in a tax
evasion scheme that the Swedish government recently began to investigate.
Fortunately for the online casinos turnkey provider PartyGaming, the Swedish
officials are not targeting the Multipoker site – but rather focusing the
investigation on EPR Investments and how the company operated the Multipoker
site prior to the 2005 sale to PartyGaming. And though many are surprised by the
announcement about the successful Multipoker.com site, the EPR investigation is
just one of many recent Swedish investigations into online casino gambling
operations within the country.
Over the last several months Swedish officials have sent questionnaires to
various online casino sites with any sort of operations based in Sweden. The
Swedish government is looking to strongly enforce tax related legislation that
regulates online casino gambling within the country. Other companies with
operations located in Macau and other locations all completed the Swedish
questionnaire and affirmed that the actual internet gambling sites are not run
out of Sweden.
EPR Investments though allegedly owes the Swedish government Euro 4.5 million in
unpaid taxes. The Swedish government claims that EPR primary operations for
Multipoker were in fact in Sweden although the company claimed at the time that
the site was primarily operated out of the British Virgin Islands. A large
portion of the tax money the government is claiming concerns taxing on the Euro
$14.5 million dollar online casino site sale to PartyGaming.
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