Russian Billionaire Roman Abramovich’s Alleged Offshore Superyacht Tax Scheme Exposed
Sanctioned Russian billionaire Roman Abramovich allegedly dodged millions in taxes by registering his superyachts offshore. Uncover the secretive tactics behind his maritime empire.
Abramovich dodged millions in tax with superyachts-for-hire scheme
Shell companies were used to charter the sanctioned oligarch’s yachts to himself, evading VAT, BBC reveals.
Roman Abramovich ‘dodged millions in tax by renting out superyachts’, reports claim
Roman Abramovich allegedly dodged potentially tens of millions of euro in tax by renting out his superyachts to himself, according to an investigation. From 2005 until 2012, the former ­Chelsea FC owner is alleged to have registered five luxury yachts as commercial vehicles,
Former Chelsea owner Abramovich dodged tax with Cyprus-based operations
Russian billionaire and former Chelsea Football Club owner Roman Abramovich avoided paying tax on his fleet of yachts through a scheme based in Cyprus, according to reports released on Tuesday.A report compiled by a number of international news organisations and the Bureau of Investigative Journalism found through documents contained in the Cyprus Confidential papers that the scheme could have helped companies owned by Abramovich avoid
Abramovich accused of dodging millions in tax through yacht scheme
The Russian billionaire denied knowledge of the arrangement, saying he was not personally responsible or liable for the alleged tax evasion. View on euronews
Sanctioned Russian billionaire Roman Abramovich dodged millions in tax with offshore superyacht scheme
Russian oligarch Roman Abramovich used a complex offshore scheme to dodge millions in tax on his fleet of luxury superyachts, leaked documents have revealed. Files from Cyprus Confidential show how Abramovich's companies created a fiction that five of his superyachts were being hired out commercially to avoid VAT payments.
Hosted on MSN7d
US court to decide on auction of Russian oligarch's yacht for $300 million
The United States has gone to court to prove that sanctioned billionaire Suleiman Kerimov is the real owner of a superyacht ...
Business Insider1y
Take a closer look at Russian oligarch's $700 million superyacht that is one of the largest in the world
Just south of this public parking lot on the roof of the Pier 90 terminal in New York City sat Russian billionaire Roman Abramovich's flagship yacht, the "Eclipse." 536-feet long and styled ...
Wall Street Journal14y
Inside a Russian Billionaire's $300 Million Yacht
arrived in San Francisco in September after making stops in Alaska and Seattle. WSJ took an exclusive tour of Andrey Melnichenko's 394-foot mega-yacht in 2010. Photo: AP ...
Business Insider India7y
A Russian billionaire's £360 million superyacht 'Sailing Yacht A' has been spotted docked at the Port of Gibraltar
Russian billionaire Andrey Melnichenko's £360 million ($480 million) "Sailing Yacht A," one of the largest private sailing yachts in the world, has been spotted docked at the Port of Gibraltar.
Fate of $300 million Russian superyacht is subject of U.S. trial
The U.S., which is trying to win forfeiture of the vessel, claims Amadea’s owner is Kerimov, the 17th-richest person in ...
Business Insider2y
What is a Russian oligarch and why are they being sanctioned?
The word "oligarch" has been used interchangeably with billionaire in ... does it really mean to be a Russian oligarch, besides having enough money to own a super-yacht? Generally, an oligarch ...
MercoPress5y
Russian billionaire announces first private icebreaker: Antarctica cruise in 2022
Founder and owner of Tinkoff Bank, worth US$2.2 billion, is going to show off the SeaExplorer 77, the newest addition to his pet-project, La Dacha, at the major global yacht show in Monaco as ...
Yahoo News1mon
US spending tens of millions of dollars maintaining seized $230m yacht linked to sanctioned Russian oligarch
Authorities believe the yacht, which has a pool, wine cellar, and outdoor cinema, belongs to Russian billionaire Suleyman Kerimov, who was sanctioned by the U.S. Treasury in 2018 and has been ...
Hosted on MSN1d
353-foot gigayacht linked to two billionaires but neither have ever sailed in it — here's why it's been seized
The ship features a glass superstructure — with 9,000 square feet of glazing — and six decks with 12 staterooms. 353-foot ...