Massive tax bill for Swedish porn king

gonzo · 10-20-2007

Swedish porn king Berth Milton has been ordered to pay back taxes for ten years in which he claimed he was not resident in the country.

The bill could be as high as 650 million kronor ($101 million), reports Svenska Dagbladet, but Sweden's tax board is expecting to have to wait two years for the cash.

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Milton, whose father started the international porn empire Private Media Group in 1965, declared in 1989 that he had moved out of Sweden. He claimed to have lived in Barcelona since then and was therefore liable for tax in Spain.

But according to SvD, his move away from Sweden was less than entirely committed. In fact, he was still running his companies in Sweden, did not have a permanent address in Spain and was personally overseeing the redevelopment of his property in Sweden.

Milton's partner and two children lived in their Värmdö house until 1998 and the businessman had a number of luxury cars registered in Sweden.

The Board of Taxation concluded that for the ten years after 1989, Milton was still resident in Sweden. During that time he earned 1.35 billion kronor from his pornography business.

The tax inquiry has been going on for years but a judgement in April in the Supreme Administrative Court finally found against Milton. Tax officials are now waiting on another administrative court judgement to establish exactly what he owes.

"It's fair to expect it to take one or two years before we can get back the money," said Anders Thylin, head of the Stockholm tax unit handling the case.

RawAlex · 10-20-2007

Apparently the guys running the pirate bay are also on the list that the swedish tax authorities are going through. I hear the sounds of some serious royal shafting going on, swedish tax rates are apparently pretty high.

10-20-2007	#1
gonzo Fat Fucking Nobody Want to see your own Advertising Here! Join Date: Apr 2003 Location: Atlanta,Ga. Posts: 17,795 Blog Entries: 11	Massive tax bill for Swedish porn king Swedish porn king Berth Milton has been ordered to pay back taxes for ten years in which he claimed he was not resident in the country. The bill could be as high as 650 million kronor ($101 million), reports Svenska Dagbladet, but Sweden's tax board is expecting to have to wait two years for the cash. Related Articles Milton, whose father started the international porn empire Private Media Group in 1965, declared in 1989 that he had moved out of Sweden. He claimed to have lived in Barcelona since then and was therefore liable for tax in Spain. But according to SvD, his move away from Sweden was less than entirely committed. In fact, he was still running his companies in Sweden, did not have a permanent address in Spain and was personally overseeing the redevelopment of his property in Sweden. Milton's partner and two children lived in their Värmdö house until 1998 and the businessman had a number of luxury cars registered in Sweden. The Board of Taxation concluded that for the ten years after 1989, Milton was still resident in Sweden. During that time he earned 1.35 billion kronor from his pornography business. The tax inquiry has been going on for years but a judgement in April in the Supreme Administrative Court finally found against Milton. Tax officials are now waiting on another administrative court judgement to establish exactly what he owes. "It's fair to expect it to take one or two years before we can get back the money," said Anders Thylin, head of the Stockholm tax unit handling the case. __________________ We are putting the bastards of this world on notice; greed and corruption will always be met with "a voice made of ink and rage." "Never try and be like anyone else" - Hunter S. Thompson "The truth is the truth no matter how you try and package a lie" - Shellee Hale

10-20-2007	#2
RawAlex Members $100 for every ImLive sign-up Join Date: Oct 2002 Posts: 4,036	Re: Massive tax bill for Swedish porn king Apparently the guys running the pirate bay are also on the list that the swedish tax authorities are going through. I hear the sounds of some serious royal shafting going on, swedish tax rates are apparently pretty high. __________________ Let's go to the edge of disaster Push the pedal and go a little faster Let's slam into a wall at ramming speed Let's go to the edge of a mountain Jump off and lets start countin' Hit the ground and tell me if it bleeds