More than 40 UK MPs and peers are urging the government and HM Revenue and Customs (HMRC) to investigate Roman Abramovich's tax obligations, which could amount to £1 billion. The call follows investigations revealing potential tax avoidance in the management of Abramovich's $6 billion offshore investment profits. This sum could surpass a previous record payment by Bernie Ecclestone. Lawmakers are also seeking updates on Abramovich's UK assets, which have been frozen due to sanctions related to his ties to Russia, particularly following the Ukrainian invasion.
The investigation into Roman Abramovich's offshore investment scheme raises questions about his tax obligations, potentially amounting to £1bn owed to British authorities.
Over 40 MPs are pressing HMRC to investigate whether Abramovich's investment companies evaded corporation tax, potentially surpassing historic tax settlements in the UK.
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