Looks like they tried to set up a shell corporation, but left behind a silvery trail of evidence of tax avoidance.
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silvery trail of evidence of tax avoidance.
There web site is the trail. It openly states that the purpose is to remove bisness rates from empty commercial property.
As the law means property used for farming is 0 rated.
They are not to bothered about slimy trails because tax avoidemce is legal.
Just seems to be the first time someone has come up with this implementation.
The question is. How quickly the local auth comes up with a way to claim it dose not meet planninf perposes or some such.
Shouls be easy to prove: If the earnings from selling snails is lower than the costs, it should be quite clear that this is just tax avoidance.
Can't help but wonder why there is a probe. Tax avoidance is perfectly legal.
And honestly, running a negative profit company is not really an effective solution. It's basically giving money away, so avoiding tax by not having any money.
Unless the person has some personal interest in snails. And in that case. Cool for him that has no moral issue. Non-profit companies are a common way of funding a charitable(ish) venture and perfectly legal.
It is more likely to be an evasion/criminal activity probe. IE, snails ain't what he is really selling.
I actually farmed snails, no lie, sold Mystery Snails on Aquabid.com and eBay. Shipping got to be a pain and I was only making about $9 per order. You have to have cold packs in the summer and hot packs in the winter, so there's that as well.
It was fun, but if you want to raise multiple colors, you have to have multiple tanks and cull them properly, which I didn't have the heart to do.
LOL, just checked aquabid and the same seller is still dominating the Mystery Snail market since I did it 10 years ago. You go Gu2high!
Damn. Now I'm thinking about ranching some more springtails. Throw 'em in a plastic container with water, lump charcoal and a tiny speck of fish food, BAM, a thousand more pop out.
Wat