Russians in London - tax policy

Discussion in 'UK Finance' started by fo, Jul 14, 2006.

  1. fo

    fo Guest

    Reading about the UK tax policy on not taxing world wide earnings
    is a major factor in the ruski takeover of London

    Does this mean they pay in Russia and nothing here ?

    What if they own a business here like Abromovich ?

    Also , if theyre in a country that does tax world wide income how does that
    work ?

    any expert opinion welcome
     
    fo, Jul 14, 2006
    #1
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  2. They will almost certainly pay tax in Russia. Depends on russian tax rules
    though. They pay tax on uk earnings here.
    They pay tax on that.
    Normally there will be double taxation relief.
     
    Jonathan Bryce, Jul 14, 2006
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  3. fo

    Peter Saxton Guest

    I don't think Chelsea will have to pay tax for a long time!
     
    Peter Saxton, Jul 14, 2006
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