Lord Black, former chief executive of Hollinger has been charged with
‘willfully causing the company to file false tax’ returns by under-reporting the
media group’s income by $13m (£6.9m) in 1999 and $16m (£8.5m) in 2000, the
Daily Telegraph reported.
The fresh charges were laid down by a US grand jury probing the alleged
looting of his former business empire, Hollinger International.
Black stepped down as CEO of Hollinger in November 2003 and was later ousted
Under the indictment Black has been ordered to forfeit a $2.6m (£1.4m),
26-carat diamond ring, his $8.5m (£4.5m) Palm Beach home and the $8.9m (£4.7m)
raised from the sale of a New York apartment.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy