Roman Abramovich may owe HMRC 1bn for unpaid taxes, analysis shows
Briefly

An investigation into Roman Abramovich's financial activities suggests he could owe up to £1 billion to British tax authorities. Analysis of leaked documents reveals a sophisticated offshore investment strategy involving over 200 hedge funds managed through Cyprus and the British Virgin Islands. If decisions were made in Britain, Abramovich's companies could face substantial tax liabilities. Furthermore, funds from this structure may have indirectly supported Chelsea FC. This inquiry aligns with broader efforts to examine financial dealings in the wake of sanctions against Russian oligarchs post-Ukraine invasion.
The investigation into Roman Abramovich’s financial dealings reveals a potentially extensive tax obligation of up to 1 billion owed to British authorities due to complex offshore schemes.
The leaked documents indicate that Abramovich's companies, which incorporated a variety of hedge investments across multiple jurisdictions, may have accrued significant UK tax liabilities.
Read at www.theguardian.com
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