Agassi tax case could set precedent
Tennis star's case heads to the House of Lords
A legal battle between Revenue & Customs and tennis player Andre Agassi
is heading for the House of Lords.
The battle is based around an argument over whether the US-based star should
pay tax in the UK on some of his earnings derived overseas.
Following hearings before special tax commissioners, the High Court and at
the Court of Appeal, the upper house of parliament will now hear the case today
which could have major implications for other high-earning sports and
entertainment stars who work in the UK but derive income abroad.
As much as £500m in taxes is at stake.
The case involving Agassi revolves around tax the Revenue says he owes on
money earned from sporting endorsements, some of which was earned while playing
at Wimbledon.