The Samoan Government recently passed the Income Tax Amendment 2010 no 33 which allows for any local tax paying entities in Samoa who invests in an approved Resort development to write off the complete value off their investment against their tax liability for that year. This window of opportunity is open for just three tax years till 2013.
This allows Samoan taxpaying entities (individuals or companies) to not only minimize their tax for the next three years, but also to acquire shares in a very promising development.
The Return to Paradise Resort is the only development so far to qualify for this tax strategy.
Investors are invited to take advantage of this investment opportunity and tax minimization strategy by subscribing to the $5mWST investment available.
Please note that Su’a Pale Ltd (SPL) is not asking Samoan companies to divert their own investment funds from their own businesses. We are simply offering an outstanding opportunity to minimize (or even eliminate) income tax while at the same time, having shares in a very promising investment on your balance sheet. Not only are these shares paid for from the income tax you save, but they are also likely to provide for you both dividends and capital gains over the years.
There has never been a better time to invest in Samoa. Samoa is a hot destination with a chronic shortage of four star stock. To this end the business plan includes several letters from the tourism wholesalers in New Zealand and Australia which show overwhelming support for the project, and assure you of the soundness of this business plan and its’ projected income. SPL has very strong marketing relationships with all four of the largest wholesalers (House of Travel & Flight Centre) to Samoa with the two largest represented on the SPL advisory board.
This business would not only be highly profitable, but would also give investors immense personal satisfaction by having the opportunity to be involved in a project that is going to do enormous economic and social good in a small struggling economy (75% of the villagers adjacent to the resort are unemployed, many have tertiary qualifications)
This opportunity is IDEAL FOR COMPANIES WHOM HAVE SIGNIFICANT TAX LIABILITIES! The formula is simple….INVESTMENTS = REDUCTION IN TAX LAIBILITY + DIVIDENDS + GAINS (ROI)