Bernie pays £652m tax bill to avoid jail
Daily Record|October 13, 2023
Former F1 boss Ecclestone settles
DAN WARBURTON
Bernie pays £652m tax bill to avoid jail

FORMER F1 supremo Bernie Ecclestone has admitted fraud but been spared jail after agreeing to pay a £652million tax bill.

The 92-year-old admitted failing to declare more than £400million held in a trust in Singapore during a tax probe. Yesterday, following an eighty-year legal battle, the billionaire pleaded guilty to one count of fraud.

He agreed a civil settlement of £652,634,836 to clear his tax debt to HMRC accrued over 18 years.

The figure is made up of a £340million penalty as well as settling wider tax affairs and interest.

هذه القصة مأخوذة من طبعة October 13, 2023 من Daily Record.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 13, 2023 من Daily Record.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.