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Entrepreneur faces £30m tax demand after residency ruling leaves thousands exposed
Thousands of entrepreneurs and celebrities face huge tax bills after a British businessman based in the Seychelles lost a long-running court battle over his residency yesterday.The Court of Appeal ruled that Robert Gaines-Cooper was liable to pay UK tax despite spending less than 91 days a year in the country because England had remained the centre of gravity of his life and interests'. Possibly related: Sunny Afternoon - The Kinks (1969) Posted by: tipper 2010-02-16 |
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