Russians in London - tax policy


F

fo

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
 
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J

Jonathan Bryce

fo said:
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 ?
They will almost certainly pay tax in Russia. Depends on russian tax rules
though. They pay tax on uk earnings here.
What if they own a business here like Abromovich ?
They pay tax on that.
Also , if theyre in a country that does tax world wide income how does
that work ?
Normally there will be double taxation relief.
 
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P

Peter Saxton

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.
I don't think Chelsea will have to pay tax for a long time!
 

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