New Posts For Thread: Betfair looking to move outside the UK after their IPO?https://community.betfair.com/general_betting/go/thread/view/94082/26002085/betfair-looking-to-move-outside-the-uk-after-their-ipoInteresting brief article about Betfair's valuation:...http://ftalphaville.ft.com/blog/2010/10/06/361941/betfair-goes-west/...The slides claim that Betfair could save £378 million from moving outside of the UK's tax regime. When the company floats,They dont need to move anyone its. Just head office the tech staff would stay where they are.https://community.betfair.com/general_betting/go/thread/view/94082/26002085/betfair-looking-to-move-outside-the-uk-after-their-ipo?post_id=469698441#469698441They dont need to move anyone its. Just head office the tech staff would stay where they are.Mon, 11 Oct 2010 05:31:17 -0500They have announced they are opening a call centre, office and data centre in Dublin. Surely this is a low tax alternative jurisdiction in which the necessary talent pool would be available? Lots of clever, ambitious graduates about not averse to gamhttps://community.betfair.com/general_betting/go/thread/view/94082/26002085/betfair-looking-to-move-outside-the-uk-after-their-ipo?post_id=469392637#469392637They have announced they are opening a call centre, office and data centre in Dublin. Surely this is a low tax alternative jurisdiction in which the necessary talent pool would be available? Lots of clever, ambitious graduates about not averse to gamFri, 08 Oct 2010 19:01:38 -0500Interesting brief article about Betfair's valuation:...http://ftalphaville.ft.com/blog/2010/10/06/361941/betfair-goes-west/...The slides claim that Betfair could save £378 million from moving outside of the UK's tax regime. When the company floats,https://community.betfair.com/general_betting/go/thread/view/94082/26002085/betfair-looking-to-move-outside-the-uk-after-their-ipo?post_id=469295133#469295133Interesting brief article about Betfair's valuation:...http://ftalphaville.ft.com/blog/2010/10/06/361941/betfair-goes-west/...The slides claim that Betfair could save £378 million from moving outside of the UK's tax regime. When the company floats,Fri, 08 Oct 2010 04:22:59 -0500betfair already offshore...everyone bets into malta ,just not betfair UK punters who still bet into UKhttps://community.betfair.com/general_betting/go/thread/view/94082/26002085/betfair-looking-to-move-outside-the-uk-after-their-ipo?post_id=469134189#469134189betfair already offshore...everyone bets into malta ,just not betfair UK punters who still bet into UKWed, 06 Oct 2010 19:41:52 -0500Facebooks & Googles European HQs are pretty much a small office in Dublin. Imagine these companies are quite nibble at moving around for tax purposes or for 200m can employ someone who is.https://community.betfair.com/general_betting/go/thread/view/94082/26002085/betfair-looking-to-move-outside-the-uk-after-their-ipo?post_id=469080253#469080253Facebooks & Googles European HQs are pretty much a small office in Dublin. Imagine these companies are quite nibble at moving around for tax purposes or for 200m can employ someone who is.Wed, 06 Oct 2010 12:00:23 -0500They wouldn't have to move everything offshore, just copy what the other bookies do. If the Betfair computers are moved to a datacentre in the Isle Of Man or Malta, then presumably they can skip paying taxes/levy on the betting that takes place therehttps://community.betfair.com/general_betting/go/thread/view/94082/26002085/betfair-looking-to-move-outside-the-uk-after-their-ipo?post_id=469058565#469058565They wouldn't have to move everything offshore, just copy what the other bookies do. If the Betfair computers are moved to a datacentre in the Isle Of Man or Malta, then presumably they can skip paying taxes/levy on the betting that takes place thereWed, 06 Oct 2010 08:27:16 -0500I think the long term betfair moving is probable, but not in the short term.In terms of betting we have a mature industry in this country and as a consquence we have a reputation and a domestic skill set that is hard to find abroad at the moment.Longhttps://community.betfair.com/general_betting/go/thread/view/94082/26002085/betfair-looking-to-move-outside-the-uk-after-their-ipo?post_id=469058097#469058097I think the long term betfair moving is probable, but not in the short term.In terms of betting we have a mature industry in this country and as a consquence we have a reputation and a domestic skill set that is hard to find abroad at the moment.LongWed, 06 Oct 2010 08:20:58 -0500ok thanks got it. It dwarfs any other of the figures. Be silly not to consider moving HQ to a more tax efficient countryhttps://community.betfair.com/general_betting/go/thread/view/94082/26002085/betfair-looking-to-move-outside-the-uk-after-their-ipo?post_id=469055613#469055613ok thanks got it. It dwarfs any other of the figures. Be silly not to consider moving HQ to a more tax efficient countryWed, 06 Oct 2010 07:49:01 -0500It's the slide on the right, the entry 'GPT - reduction', if I'm reading it correctly.https://community.betfair.com/general_betting/go/thread/view/94082/26002085/betfair-looking-to-move-outside-the-uk-after-their-ipo?post_id=469052917#469052917It's the slide on the right, the entry 'GPT - reduction', if I'm reading it correctly.Wed, 06 Oct 2010 07:11:28 -0500have they removed the slide I cant find the one you mentionhttps://community.betfair.com/general_betting/go/thread/view/94082/26002085/betfair-looking-to-move-outside-the-uk-after-their-ipo?post_id=469050769#469050769have they removed the slide I cant find the one you mentionWed, 06 Oct 2010 06:43:09 -0500