Sunday, January 29, 2017

The plaintiff auditors for the expensive alternation of generations – Today’s Business

Law

Two of the country’s most successful laksegrossister transferred large parts of the ownership to the children, and ended with a skatteregning of 10 million. Now think of the families that the auditor who gave the advice must take millionregningen.

the Article is added to your reading list.

In 2009/2010 transferred Coast Seafood-founders Sverre Søraa (52) and the Odd Martin is his own ” (49) large shares of their respective holding companies to the children. In the following claims both the founders that they would not made generasjonsskiftet if they had received better advice from his accountant.

Måløy-based Coast Seafood has been a dream come true for the founders Sverre Søraa and the Odd Martin is his own”. The company sells farmed salmon and per kilo for more than three billion in 2015, and the result before tax ended at nok 58 million. After a year in which kiloprisen has shot to the sky is probably the numbers are even better in 2016.

l Is the parent in a variety of fiskerelaterte companies

l Daily leader: Sverre Søraa,

l Chairman of the board: Hermann Alexander Cup

l Owners: Maan Invest (Odd Martin his own ” and his three minor children) 45,33%, Eili Invest (Sverre Søraa, and he and the two adults and one minor child) 45,33%

l Turnover in 2015: 3.073 million, up from 2.828 million the year before.

l the Profit before tax in 2015: 57,6 million, up from 49,9 million.

View more

Both have built up significant fortunes since the Coast was started in 1994. Even after generasjonsskiftet in all the holding companies Eili Invest and Maan Invest had Sverre Søraa a ligningsformue of 58 million by the end of 2015, while the Odd Martin is his own ” could boast with a net worth of 105 million.

10 million

Together with their total of six children have co-founders sued the auditors Odd Monsen and the auditing company Ernst& Young. They require replacement of nearly 10 million, including interest.

Of the claim constitutes the total of the employee’s social security contribution, the six children have to pay nearly two million, while the remainder is the dividend tax, gevinstskatt and additional tax fathers had to pay.

Lawyer Day Steinfeld at the law firm Wikborg and Rein represents sjømatgründerne and their children. He did not want to comment about the case, which will be up the court in February. Of the final Steinfeld has sent to the Bergen district court will, however, forward that Søraa and his own ” claim they would not have made generasjonsskiftet whether the auditor had obtained the correct tax paid.

Skattevilje

“The forward generasjonsskiftet would not have been made if the plaintiffs had received information about the tax this would result in,” writes Steinfeld. The assumption was that the “generasjonsskiftet could be carried out without the accrued tax”.

Lawyer Hanne Skaarberg Holen at the law firm Thommessen represents Monsen and Ernst& Young. She also refers to his sluttinnlegg. Which rejected the claim on the contrary with reference to the fact that it is partially outdated and that the auditor is not responsible for errors in the company’s aksjonærregister, which triggered the share of the tax debt. In addition, the opinion of the auditor that the employee’s social security contribution incurred was in line with what we were told.

Her clients believe they have never taken upon themselves the mission to assure the quality of the basis for generasjonsskiftet or the implementation of it. Holen shows that the rules for auditor independence that one cannot undertake such missions.

There are a set of three days to the case where both his own ” and Søraa will explain themselves to the court.

When Sverre Søraa was interviewed in DN in april 2016, he believed it was important and proper to pay taxes.

I’m proud of each skattekrone I pay, it is important to drive the nation of Norway, he said then.

Søraa has not responded to DNs questions about whether he has changed the meaning since that time.

LikeTweet

No comments:

Post a Comment