Re: Fwd: BJAV

Pensum pays Cayman annual registration. BJAV — family office pays Pensum invoice

Moore Stephens pays Isle of Man VAT — family office pays Moore Stephens invoice. Moore Stephens reclaims a portion fo the VAT. Amount reclaimed is sent to family office for deposit

SOS France pays French VAT - I am double checking with captain about reclamation — previous conversation with him was that France did not permit.

Moore Stephens also files a tax return in Isle of Man.

??? can't follow

Did u get the explanation you were looking for?