© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

Sports Direct under scrutiny from EU tax authorities over VAT bills

Disagreements centre on firm controlled by Sports Direct founder Mike Ashley’s brother

Sports Direct is in talks with tax authorities in the European Union that could lead to settlements related to a controversial deal between billionaire founder Mike Ashley and his brother.

Documents filed at the high court reveal that Sports Direct, since renamed Frasers Group, came under scrutiny in Ireland, France and Finland, over an arrangement that involved it paying VAT in the UK on all of its sales to customers overseas over a seven-year period.

Continue reading…

Related posts

Passenger plane drops debris on Denver suburbs then lands safely

AEA3

Tonga volcano: 84% of population affected by ashfall and tsunami

AEA3

Ukrainian parents hiding their children in basements in frontline cities

AEA3

Pin It on Pinterest

Share This