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(NBC News)   The latest tax avoidance scheme opening up in posh London real estate: American candy stores where officials don't know who owns them, don't know who runs them, and can't figure out a reason they exist   (nbcnews.com) divider line
    More: Amusing, Tax, London, Charlie and the Chocolate Factory, Tax avoidance and tax evasion, The Willy Wonka Candy Company, flagship store, Oxford Street, sky-high business taxes  
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1275 clicks; posted to Business » on 15 Aug 2022 at 2:05 PM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



35 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-08-15 2:17:29 PM  
If only the UK government had some way to determine if they were laundering money or not.
/rolls eyes
 
2022-08-15 2:18:20 PM  
Fark user imageView Full Size
 
2022-08-15 2:29:40 PM  
Ugh, last time I went to one of those stores I tried getting a box of Mike & Ike.

"Mike & Ike aren't in," the salesguy said.
"Fine. What I really wanted were Hot Talmales?"
"h-Hot Tamales? Are you sure?"  I remember because the salesguy was acting all weird.
"Yes," I said sternly.  "Hot Tamales"
He asked me if I wanted to put it on my corporate account. I said "sure" just to see what would happen.

He rudely started talking on the phone so I just took the box of candy and left. I remember because that night was the Grenfell Tower incident and I decided I wanted the Mike & Ikes after all.
 
2022-08-15 2:30:56 PM  
Fark user imageView Full Size
 
2022-08-15 2:34:03 PM  
Cameo - Candy (Official Music Video)
Youtube sn8KYD1Vco0
 
2022-08-15 2:36:59 PM  
It's an M&M's front.

It's a put on.
 
2022-08-15 2:39:09 PM  
 
2022-08-15 2:49:00 PM  
I don't care. I haven't had a Milk Dud in over 12 years. More US candy stores, please.
 
2022-08-15 2:49:44 PM  
This is the weirdest story.  What the hell are these stores?
 
2022-08-15 2:50:09 PM  
There was a pizza place near by Dad's house that had, remarkably, good pizza, but only seemed to be open like 2 weeks a year.  The owner was Russian so we assumed it was a Russian money laundering scheme.

/CSB
 
2022-08-15 3:00:16 PM  

Rapmaster2000: This is the weirdest story.  What the hell are these stores?


Filler.
 
2022-08-15 3:10:58 PM  
Comments on a reddit video (of said candy shops being mass looted) hypothesized the conspiracy theory that the lootings were arranged by the owners to allow the inventory to be claimed on insurance

I had never heard of "American Candy Stores" before.  now two stories in one day
 
2022-08-15 3:15:01 PM  

Rapmaster2000: This is the weirdest story.  What the hell are these stores?


Fark fronts for laundering the piles of money which Drew rakes in.
 
2022-08-15 3:21:06 PM  
I don't see the concern.  Across the street are an equal amount of nebulously owned American Medical Supply stores.
 
2022-08-15 3:29:16 PM  

Vlad_the_Inaner: Comments on a reddit video (of said candy shops being mass looted) hypothesized the conspiracy theory that the lootings were arranged by the owners to allow the inventory to be claimed on insurance

I had never heard of "American Candy Stores" before.  now two stories in one day


We have a version here, but it's legit. https://www.candy-store.cz/en/

I'll go there before Halloween and also stock up on specialty thanksgiving ingredients. It's just an import shop for expats that bring in US/CA/AU/UK items for when you are craving something.

The scam places are in the center and sell candy by weight. You're on vacation and you don't understand Czech monopoly money conversion, so you pay $20 for a bag of candy that should be a couple of bucks.
 
2022-08-15 3:36:00 PM  
Everyone knows the way to run a tax scam in London is to have a cheese shop.

Monty Python- Cheese Shop
Youtube Hz1JWzyvv8A
 
2022-08-15 3:38:51 PM  

Rapmaster2000: This is the weirdest story.  What the hell are these stores?


I couldn't figure it out until almost the end of TFA:

In all, the council says it's short almost 8 million pounds in unpaid taxes across the whole street. Landlords have to pay these if their buildings are empty. So they often rent out the space to the first applicant - regardless of its quality or legitimacy, according to the council.

They're probably paid by the landlords themselves so the landlord doesn't have to pay the "empty building" tax.

Many years ago there was a "record store" in Detroit called "Scorpio's" that was just a weed-selling operation in a deserted storefront with record albums on the walls of an otherwise empty store. You'd enter and go all the way to the back, where there was a single person sitting behind bulletproof glass. You'd put your money through the little window and receive a gritty little bag of shake and stems. The few records on display weren't really for sale. This London operation is probably something similar, but why they choose to hide it with overpriced candy (that has a sell-by date) instead of overpriced souvenir junk that never goes bad is a mystery.
 
2022-08-15 3:38:57 PM  
The Strangeloves - I Want Candy [HQ] original
Youtube G6Vw9RGm1tM
 
2022-08-15 3:45:58 PM  

Northern: If only the UK government had some way to determine if they were laundering money or not.
/rolls eyes


Yeah, they're stupid, unlike us, we're smart.
 
2022-08-15 3:46:29 PM  

Barricaded Gunman: Rapmaster2000: This is the weirdest story.  What the hell are these stores?

I couldn't figure it out until almost the end of TFA:

In all, the council says it's short almost 8 million pounds in unpaid taxes across the whole street. Landlords have to pay these if their buildings are empty. So they often rent out the space to the first applicant - regardless of its quality or legitimacy, according to the council.

They're probably paid by the landlords themselves so the landlord doesn't have to pay the "empty building" tax.

Many years ago there was a "record store" in Detroit called "Scorpio's" that was just a weed-selling operation in a deserted storefront with record albums on the walls of an otherwise empty store. You'd enter and go all the way to the back, where there was a single person sitting behind bulletproof glass. You'd put your money through the little window and receive a gritty little bag of shake and stems. The few records on display weren't really for sale. This London operation is probably something similar, but why they choose to hide it with overpriced candy (that has a sell-by date) instead of overpriced souvenir junk that never goes bad is a mystery.


There used to be a business in Atlanta called "Black Peppers Market" run by Jamaicans.  It's currently called Four Corners Market.  Anyway, it purported to be a kind of flea market, but it was really just a front for selling weed.  However, this was OK with myself and the rest of the neighbors.  Before this business came along, the neighborhood had lots of street dealers.  They would hassle you to buy weed and ecstasy.  Then these Jamaicans showed up and in short order the street dealers were gone.  I think they literally strong armed them out.  I lived across the street and would see the cops stop by on occasion and chat with the older Jamaican guys who sat out front playing cards at a table all day.  It was like the Sopranos meat market.
 
2022-08-15 3:47:03 PM  

Fireproof: Everyone knows the way to run a tax scam in London is to have a cheese shop.

[iFrame https://www.youtube.com/embed/Hz1JWzyvv8A?autoplay=1&widget_referrer=https%3A%2F%2Fwww.fark.com&start=0&enablejsapi=1&origin=https%3A%2F%2Fwww.fark.com&widgetid=1]


Harry and Paul - Monty Python
Youtube 0UEjBqr8dyU
https://www.youtube.com/watch?v=4yQP3frvrA0
 
2022-08-15 3:58:23 PM  
There's a pretty big one outside of Bally's, mid-Las Vegas Strip, where the rent can't be cheap.
Fark user imageView Full Size



But looking at their website, they have a lot of stores, and many of them are in prime city center and tourist locations. It could just be a lucrative business.
 
2022-08-15 4:20:15 PM  
i thought american chocolate tastes like puke to them over there anyway
 
2022-08-15 4:32:07 PM  

Barricaded Gunman: Rapmaster2000: This is the weirdest story.  What the hell are these stores?

I couldn't figure it out until almost the end of TFA:

In all, the council says it's short almost 8 million pounds in unpaid taxes across the whole street. Landlords have to pay these if their buildings are empty. So they often rent out the space to the first applicant - regardless of its quality or legitimacy, according to the council.

They're probably paid by the landlords themselves so the landlord doesn't have to pay the "empty building" tax.

Many years ago there was a "record store" in Detroit called "Scorpio's" that was just a weed-selling operation in a deserted storefront with record albums on the walls of an otherwise empty store. You'd enter and go all the way to the back, where there was a single person sitting behind bulletproof glass. You'd put your money through the little window and receive a gritty little bag of shake and stems. The few records on display weren't really for sale. This London operation is probably something similar, but why they choose to hide it with overpriced candy (that has a sell-by date) instead of overpriced souvenir junk that never goes bad is a mystery.


Skittles - £10, along with the receipt in the bag, there's also a roll of molly
Milk Duds - £50, along with the receipt in the bag, there's also a lil bag of tan
Gummi bears - £300, along with an ounce of top notch o.g.
/followed by the building burning and a big insurance payday for all of that EXPENSIVE American candy
 
2022-08-15 4:35:16 PM  

Bukharin: It's an M&M's front.

It's a put on.


Fark user imageView Full Size
 
2022-08-15 4:41:02 PM  

WelldeadLink: Rapmaster2000: This is the weirdest story.  What the hell are these stores?

Fark fronts for laundering the piles of money which Drew rakes in.


Wouldn't those be liquor stores?
 
2022-08-15 4:46:51 PM  

Dead for Tax Reasons: i thought american chocolate tastes like puke to them over there anyway


It actually tastes like that everywhere, not just to the British. Our chocolate is pasteurized with a process that changes the fat into literally the exact same acid in vomit.

It also doesn't help that we have more sugar and less actual cocoa products, so the acidity that is there tastes stronger.
 
2022-08-15 5:17:06 PM  
Oh, I was in one of these in Liverpool last month.  As an American, I found the selection a bit underwhelming.
/Went to Tesco Express, bought a bunch of British "treats," took them home to my kids.
//We're starting a YouTube channel of them trying exotic treats and giving their grossed-out reviews.
 
2022-08-15 5:20:20 PM  

gyruss: Dead for Tax Reasons: i thought american chocolate tastes like puke to them over there anyway

It actually tastes like that everywhere, not just to the British. Our chocolate is pasteurized with a process that changes the fat into literally the exact same acid in vomit.

It also doesn't help that we have more sugar and less actual cocoa products, so the acidity that is there tastes stronger.


i don't really eat chocolate but it's not because i've ever thought it tasted like puke
 
2022-08-15 5:59:52 PM  
My wife and I saw a bunch while we were visiting. She looked at the first and said why would anyone want to go in there American chocolate is garbage.
 
2022-08-15 6:54:59 PM  
CSB:

Late 1940s, my dad was driving home from school in Oklahoma to New Jersey. He pulled into a gas station and the attendant gruffly asked
"What can I get for you"
Dad: "Fill it up please"
Attendant: " You some kind of wise guy?"
Dad: "Don't you sell gas here?"
Attendant: "NO!"
Dad: "Then what the hell you sell here?"
Attendant: "Booze you dang fool!"
Dad: "Oh, I don't need any of that..."

Turns out it was a dry county...

/CSB
 
2022-08-15 10:00:28 PM  

Barricaded Gunman: Many years ago there was a "record store" in Detroit called "Scorpio's" that was just a weed-selling operation in a deserted storefront with record albums on the walls of an otherwise empty store. You'd enter and go all the way to the back, where there was a single person sitting behind bulletproof glass. You'd put your money through the little window and receive a gritty little bag of shake and stems. The few records on display weren't really for sale. This London operation is probably something similar, but why they choose to hide it with overpriced candy (that has a sell-by date) instead of overpriced souvenir junk that never goes bad is a mystery.


I believe that TFA mentioned that Covid restricted the activities of non-essential stores. Selling food is considered an essential business.
 
2022-08-16 7:25:55 AM  

WelldeadLink: Barricaded Gunman: Many years ago there was a "record store" in Detroit called "Scorpio's" that was just a weed-selling operation in a deserted storefront with record albums on the walls of an otherwise empty store. You'd enter and go all the way to the back, where there was a single person sitting behind bulletproof glass. You'd put your money through the little window and receive a gritty little bag of shake and stems. The few records on display weren't really for sale. This London operation is probably something similar, but why they choose to hide it with overpriced candy (that has a sell-by date) instead of overpriced souvenir junk that never goes bad is a mystery.

I believe that TFA mentioned that Covid restricted the activities of non-essential stores. Selling food is considered an essential business.


There it is. Even $40 boxes of Milk Duds count as "food." Smart.
 
2022-08-16 7:51:01 AM  

KB202: I don't care. I haven't had a Milk Dud in over 12 years. More US candy stores, please.


There's always places like oldtimecandy.com as well.
 
2022-08-16 7:54:55 AM  

WelldeadLink: Rapmaster2000: This is the weirdest story.  What the hell are these stores?

Fark fronts for laundering the piles of money which Drew rakes in.


Goodfellas Restaurant Scene
Youtube ZPtjyqgZAUk
 
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