conrad black assessed 51m back tax bill
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Conrad Black assessed $5.1m back tax bill

Egypt Today, egypt today

Egypt Today, egypt today Conrad Black assessed $5.1m back tax bill

Trondheim - UPI
A Canadian court has ruled that publisher and author Conrad Black owes the government $5.1 million in back taxes. Black's lawyers had attempted to argue that Black was a resident of Britain, having renounced his Canadian citizenship in 2001, CTV reported Tuesday. The Tax Court of Canada ruled otherwise. "As a resident of Canada, he is subject to tax on his worldwide income, including employment in a third state," the court's Chief Justice Gerald Rip said in his ruling. There were contradictions in Black's argument, CTV reported. Black had paid income taxes on $802,226 of income he had earned in Canada during the time in question, although he failed to pay on outside income. He also declared he was a resident of Britain from 1992 through 2002, but while he was a resident there, he was living outside of the United Kingdom, CTV said. The Canadian Revenue Agency's bill includes $2.9 million in taxes for income earned abroad and $1.4 million in income represented by his use of the Hollinger International Inc. airplane. CTV said Black moved to Toronto in 2012 after serving 37 months in prison in the United States for fraud and obstruction of justice. Black, formerly the chairman of Massey Ferguson, was the controlling founder of Hollinger Inc., a holding company for Black's media interests, which included the Daily Telegraph and the Chicago Sun-Times. Hollinger was declared bankrupt after Black's fraud convictions in 2007.
egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

conrad black assessed 51m back tax bill conrad black assessed 51m back tax bill



GMT 07:52 2018 Thursday ,13 September

UAE minister receives UN official

GMT 17:47 2017 Monday ,09 October

Egypt's Khattab gets 11 votes

GMT 09:37 2017 Monday ,16 October

Oculus unveils standalone

GMT 12:30 2018 Friday ,14 December

Noriaki Kasai: 30 years of World Cup ski-jumping

GMT 18:21 2018 Thursday ,18 October

Five Czech soldiers wounded in Afghanistan attack

GMT 08:40 2017 Thursday ,20 April

Corruption row threatens Brazil's economic reforms

GMT 05:23 2013 Wednesday ,07 August

US housing recovery slows down in August

GMT 21:33 2016 Monday ,28 March

UAE is guest at Gala Opera Show in Lisbon

GMT 09:01 2018 Saturday ,20 January

Trump to meet British PM May in Davos next week
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday