MPs call for investigation into Roman Abramovich's potential £1 billion tax liabilities
A group of MPs is calling for an investigation into Roman Abramovich, suggesting he may owe £1 billion in taxes. They referenced reports about his offshore investments and urged HMRC to look into potential tax liabilities. Leaked documents indicate that Abramovich's investments, worth $6 billion, were managed from the UK despite being routed through British Virgin Islands companies. This could mean they should be taxed in the UK. HMRC stated it is committed to ensuring proper tax compliance. Abramovich's lawyers maintain he followed expert tax advice and that the investment structure was carefully planned.