quote:

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I picked this up from the largest Swedish IT News site and translated it.

»www.idg.se/2.1085/1.94960
»it24.idg.se/2.2275/1.94960

Lavasoft hunted by the swedish tax agency.

The company behind the anti-malware company Ad-Aware is hunted by
the creditor despite large profit. The owners of Lavasoft have bought
tv's, training exercise equipment and have used the company's chauffeur
to on private journey's. On top of that the company hasn't reported
any book accounts since 2004.

The it-company placed in Gothenburg (Sweden) Lavasoft has become
very succesful internationally because of their anti-malware Ad-Aware.
The sales has generated good sales but the owners gets a reprimand
from the swedish tax agency. (As written by the newspaper Gothenburg Post)

According to the newspaper is hunted by creditors and has a dispute
with the swedish tax agency about unpaid debts.

Last year nine applications of injuctions to pay from different suppliers
was handed in to The Swedish Enforcement Administration and Legislation.
Lavasoft sales was 114 Million SEK (Swedish kronor) (About 12,5 Million Euro)
of the year 2004 and profit was 64,5 Million SEK (About 7 Million Euro).
Since then the company hasn't reported any book accounts.

Swedish tax agency claim though that the development of the profit has
continued and that the two owners together declared 8,8 Million SEK
(About 966 Thousand Euro) from private income last year.

Swedish tax agency has decided they both privately assess a tax income
of millions SEK in financial benefits that has'nt been brought up in their
declaration. Also the company has employment tax, VAT, added taxes
and interest close to 1 million SEK (About 109 Thousand Euro).

Swedish tax agency doesn't like the fact that Lavasoft has taken up a cost
of 1,1 Million SEK for a company to protect the owners weekend cottage
24/7. The owners claim the protection is motivated due to important
documents and secret sourcecode was in the house.

Swedish tax agency feel that the company activity is someplace else.
Therefore the cost of the security company shouldn't be considered
as a private financial benefit.

Not only that the Swedish tax agency feels that owners have mixed up
their private economy with Lavasoft. Amongst other things the owners
have continuously used the companys creditcard to buy things for
private use like televisions and exercise equipment.

One of the owners have also used the company's chauffeur in a rental car
transported to and from the house.
Swedish tax agency also report disorder in Lavasofts bookkeeping with
payments to different american accounts among other things.
The payment has been done without invoices or written agreement.

IT24 has been trying to reach the owner for a comment but with no result.
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It was a long and hard text to translate for me hope I got most things
right so u can hopefully understand what I have written.

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said by FarmerSwede :

. . . Interested in it myself to see if I could write a story I checked some sources because in Sweden much of this is public information because we are socialist society.

You should be carefull with this because it is not really accurate information but in my opinion seems to be very 'blown up' to make a good story.

. . .

As most people know, when there is a problem in the security world, the place to check first is BroadBand Reports Security Forum (commonly referred to as BBR). I was not disappointed. A thread at BBR led me to this post by someone using the nickname "Diablo2". It appears that the translation by Diablo2 is very similar to what I obtained from Systran.

said by ohnoes112 :

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LOL and i thought we had seen that earliar in the topic or at least unofficial rebuttal

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Lavasoft does not own a holiday cottage outside Falköping. However, before and during the company move to Gothenburg in 2002 it served as office premises which motivated the services from the security company to protect business-critical documents.

quote from letter:

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Claim/allegation: Lavasoft has a large tax debt.
This is not correct. The due date of tax debt that the article refers to has not passed. Therefore no tax debt exists as of today. The majority is owed during the first and/or second quarter and will be paid according to deadlines. The sum to be paid equals three percent of the turnover that year.

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quote from letter:

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Claim/allegation: Lavasoft has a hard time keeping creditors away and has outstanding debts to its suppliers.
This is not correct. All claims made during 2006 have been disputed by Lavasoft and appealed against and six of these have been settled. Currently, the three remaining claims are being disputed in court and we expect a verdict in the near future.

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quote from letter:

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Claim/allegation: The annual accounts for Lavasoft have not been filed since 2004.
This is not correct. The accounts for 2005 were filed last year and, consequently, before this article was published. The documents for fiscal year 2006 are not due until June/July.

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quote from letter:

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Claim/allegation: The owners' of Lavasoft have mixed the company's financial resources with their private economy.
This is not correct. All issues raised by the tax authorities are being disputed and are the subject of an upcoming legal process. Lavasoft can therefore only point to some of the false accusations:

* Lavasoft does not own a holiday cottage outside Falköping. However, before and during the company move to Gothenburg in 2002 it served as office premises which motivated the services from the security company to protect business-critical documents.

* The person that is referred to as the company's chauffeur is the logistics manager of Lavasoft.

* The items disputed (TV, etc.) add up to a total of 46,000 swedish krona ($6,568). The taxes on this cost will be paid rather than debating it in court.

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