Exclusive: Leaked papers suggest billionaire’s overseas firms should have paid UK tax on profits from hedge funds
Roman Abramovich, the billionaire Russian oligarch, may owe British tax authorities as much as £1bn, according to analysis of documents that suggests his companies failed to pay tax on profits made through an elaborate offshore investment scheme.
Leaked papers and court filings shed new light on how the income from a $6bn (£4.8bn) cash pile amassed by one of the world’s richest men was managed.
Continue reading…
Source link : https://www.theguardian.com/world/2025/jan/29/roman-abramovich-may-owe-hmrc-1bn-pounds-unpaid-taxes-analysis-shows
Author : Rob Davies and Simon Lock
Publish date : 2025-01-29 06:00:37
Copyright for syndicated content belongs to the linked Source.