Al Fayed court battle resumes in 2001

Al Fayed court battle resumes in 2001

Mohamed Al Fayed's challenge to the Inland Revenue will go ahead next year after being adjourned in Edinburgh High Court yesterday.

The chairman of Harrods department store was in court following the Inland Revenue’s review of his tax bill.

Al Fayed claims that earlier this year the Revenue curtailed an agreement which allowed him to pay a predetermined annual amount of £240,000 to cover capital gains and income tax.

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Inland Revenue website

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