LinkedIn profile lands Swede with hefty tax bill

LinkedIn profile lands Swede with hefty tax bill
A Swedish man is facing a five-million kronor ($750,000) add-on to his tax bill after the authorities took a proper look at his account on the professional networking site LinkedIn.

The Swedish Tax Agency (Skatteverket) claimed that the Swedish man, whose home address is registered in the posh Stockholm suburb of Djursholm, had failed to provide all the details of his income when he filed his taxes.

An anonymous letter tipped the authorities off to the possibility that the man, born in 1966, had additional income from a company registered in the British Virgin Isles that deals primarily with biomass products.

The person who sent in the claims had paperwork to back up the allegations, prompting the Tax Agency to do a review by enlisting the Swedish police financial crimes division.

They also took a look at LinkedIn, the popular professional networking site, and found that the man had written that he had been working for the company since 2004.

In the letter informing the man that he owed back taxes, the agency went as far back as 2008, demanding around one million kronor per year. The back taxes amount to more than five million kronor.

When the tax agency looked at the man and his wife’s bank accounts, they found wire payments from several foreign companies stretching back to 2007. The agency’s review also unearthed that the company had paid for a silver Porsche 996 Turbo.

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