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Britain
Entrepreneur faces £30m tax demand after residency ruling leaves thousands exposed
2010-02-16
Thousands of entrepreneurs and celebrities face huge tax bills after a British businessman based in the Seychelles lost a long-running court battle over his residency yesterday.

The Court of Appeal ruled that Robert Gaines-Cooper was liable to pay UK tax despite spending less than 91 days a year in the country because England had remained “the centre of gravity of his life and interests'.

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Posted by:tipper

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