888 anti-tax-evasion-bs

[Sherlock]

i got this to spambox
anyone else filled this in?

Dear Business Partner,
Re: 888 Holdings plc - Anti-Facilitation of Tax Evasion Policy

It is the policy of 888 Holdings plc ("888") to conduct all its business in an honest and ethical manner. 888 takes a zero-tolerance approach to tax evasion and tax facilitation, whether under UK law or under the law of any foreign country.

As such, in accordance with the UK Criminal Finances Act 2017, 888 wishes to notify you that its Board of Directors has adopted a policy for prevention of the facilitation of UK and foreign tax evasion. This means that 888 and its employees, agents and service providers will not be knowingly concerned in, or take steps with a view to, the fraudulent evasion by another person or entity of UK or foreign tax, or aid, abet, counsel or procure the commission of that offence or be involved art and part in the commission of an offence consisting of being knowingly concerned in, or in taking steps with a view to, the fraudulent evasion of tax.

Tax evasion is not the same as tax avoidance or tax planning. Tax evasion involves deliberate and dishonest conduct. Tax avoidance is not illegal and involves taking steps, within the law, to minimise tax payable (or maximise tax reliefs). For purposes of 888's policy, "tax" includes without limitation income taxes, payroll taxes, value added taxes, national insurance contributions and their equivalents in non-UK jurisdictions.

We expect the same high standards from all persons and entities with whom we contract, regardless of where they are located; and we will not knowingly support or do business with any person or entity involved in tax evasion.

If you believe or suspect you may not comply with our policy, please raise this immediately through your usual 888 contact person at the earliest possible stage. If you feel they have not adequately addressed your concerns, please send your concerns in writing to our Company Secretary at info@888holdings.com.

We may be able to offer support, guidance and incentives to suppliers who may have difficulty in complying with our policy. If, after receiving support, you are considered by the 888 Group not to be taking adequate measures to ensure compliance, we may reconsider our commercial relationship with you.

The 888 Group will only engage with persons and entities who comply with our policy.

If you would like to find out more about the offence of the corporate offence of failure to prevent the criminal facilitation of tax evasion, please see the following resource here.

In order to comply with our policy, please could you:

• Sign the attached representations and undertakings
• Complete and return the attached due diligence questionnaire

Adequate compliance with these requirements is a condition for 888 continuing to do business with you.


Together we can make a difference.

[JamieG1981]

i got this to spambox
anyone else filled this in?

Just checked spam folders, nothing in there from 888. I did have our account manager email regarding compliance yesterday, but that was a simple request for URLs where we are promoting them.

[tufty]

All operators in the industry use offshore to evade (not avoid) tax. 888 needs to stop doing business with itself. The hypocrisy of these thieves.

[Sherlock]

1. Do You have an Anti-Facilitation of Tax Evasion policy? Y/N
2. In the event that You discover UK or foreign tax evasion with Your organization, do You have a remediation program? Y/N

wtf is this?

[JamieG1981]

wtf is this?

What you don't have a tax evasion division in your company?

Do they think they are dealing with affiliates who have 100s of employees.

[PROFRBcom]

Do they think they are dealing with affiliates who have 100s of employees.

That's probably what they want. To not have to deal with smaller businesses.

Hell, how many small businesses will be left when this "pandemic" lock down **** is finally reversed?

[WagerX]

I did not receive anything like this. I did read your though. My favorite part was this:

.....If you believe or suspect you may not comply with our policy, please raise this immediately through your usual 888 contact person .....

So, if you are evading taxes, then contact them? lol.

I think it's one of those emails not really intended for affiliates, but really as a demonstration that they are "trying" to go above an beyond. Probably mandated by their accounting or legal team.

[Sherlock]

text in full, I filled it in.. i hope some moron comes again with high hopes where this industry goes
gvc steals, their creatives do not work, their AMs do not work as well, but this is their work

To:
888 Holdings plc
601/701 Europort, Gibraltar

Dear Sirs,

1. We confirm that we are aware of the zero tolerance policy of 888 Holdings plc (“888”) with regard to tax evasion and tax facilitation (the “Policy”). For purposes of 888’s policy, “tax” includes without limitation income taxes, payroll taxes, value added taxes, national insurance contributions and their equivalents in non-UK jurisdictions.

2. We do not engage in, and undertake not to engage in, the fraudulent evasion of UK or foreign tax.

3. If we believe or suspect we have breached the Policy we will raise this with our usual 888 contact person at the earliest possible stage. If we feel they have not adequately addressed our concerns, we will send them in writing to 888’s Company Secretary at info@888holdings.com.

4. Any breach of our obligations under the foregoing provisions of this undertaking shall be a fundamental breach of our agreement with 888, and shall entitle 888 to terminate our agreement in its sole discretion.

Sincerely,

Signature: _________________
Company name:
Signatory name:
Title:


Due Diligence Questionnaire
Introduction

This questionnaire is intended to review the extent of your compliance with the 888 Holdings plc (888) Anti-Facilitation of Tax Evasion policy adopted in light of the UK Criminal Finances Act 2017. Your completion of this questionnaire to the full satisfaction of 888 is a condition for the 888 group to do business with you. For purposes of this questionnaire, “tax” includes without limitation income taxes, payroll taxes, value added taxes, national insurance contributions and their equivalents in non-UK jurisdictions.

Your Details (referred to below as “You” or “Your”)

Name ____________________________________
Address ____________________________________
Contact Name ____________________________________
E-mail ____________________________________
Business Relationship with 888 ____________________________________ (the “Service”)

Questions

1. Insofar as Your company or bank account is incorporated in an offshore jurisdiction, please provide a detailed explanation:
__________________________________________________ ____________________________
__________________________________________________ ____________________________
__________________________________________________ ____________________________
2. Insofar as you have requested payment (in part or in whole) in cash, or to an e-wallet, gaming account or other non-bank payment method, please provide a detailed explanation:
__________________________________________________ ____________________________
__________________________________________________ ____________________________
__________________________________________________ ____________________________
3. Insofar as you require the use of an agent, intermediary, consultant, distributor or supplier in connection with your engagement with 888, please provide a detailed explanation:
__________________________________________________ ____________________________
__________________________________________________ ____________________________
__________________________________________________ ____________________________
4. Please state Your place(s) of residence for tax purposes, and provide Your Tax Identification Number(s) in each such place. If no Tax Identification Number is held, please provide a detailed explanation.
__________________________________________________ ____________________________
__________________________________________________ ____________________________
__________________________________________________ ____________________________
5. Are You in material compliance with UK and foreign tax laws and regulations relevant to You? Y/N
6. Are You aware of the requirements of the UK Criminal Finances Act 2017? Y/N
7. Do You have an Anti-Facilitation of Tax Evasion policy? Y/N
8. In the event that You discover UK or foreign tax evasion with Your organization, do You have a remediation program? Y/N


Signature: _________________
Company name:
Signatory name:
Title:

[mickyfu]

It's the way they cull their small affiliates. Seen it done by many programs. They know they will get results out of it. Nothing to do with the big bad nasty tax avoided.

[eaton2003]

i got this to spambox
anyone else filled this in?

This is a typical way of an affiliate program reducing their liability in amount they need to pay. Their partners tax status has nothing to do with their company as they are a third party company. They are happy to use CSM software which is nearly always incorporated overseas and never request their tax statuses.

Just saying.