conrad black assessed 51m back tax bill
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Conrad Black assessed $5.1m back tax bill

Arab Today, arab today

Arab Today, arab 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.

arabstoday
arabstoday

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

 



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 11:40 2018 Friday ,05 January

Zuckerberg makes 'fixing' Facebook a personal goal

GMT 01:05 2014 Thursday ,13 February

Flora

GMT 21:50 2017 Wednesday ,25 October

Abdullah bin Zayed visits WorldSkills Abu Dhabi 2017

GMT 16:33 2017 Tuesday ,04 July

Hany Ramzy happy for positive reactions

GMT 20:11 2018 Wednesday ,05 December

EU wants INF Treaty 'preserved and fully implemented'

GMT 21:01 2018 Sunday ,25 November

Oil prices plummet amid U.S. drilling rigs down

GMT 13:01 2016 Sunday ,28 August

China's Top 500 Firms Report First Revenue Decline

GMT 04:46 2014 Thursday ,11 December

Taliban suicide blast kills 6 Afghan soldiers in Kabul

GMT 11:10 2018 Wednesday ,17 January

MP Hariri welcomes Sho
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday