Lord Black on fresh tax charges

Lord Black on fresh tax charges

US grand jury probes looting claims

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
as chairman.

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.

Related Articles

Supreme Court rules against Pimlico Plumbers in landmark employment case

Legal Supreme Court rules against Pimlico Plumbers in landmark employment case

1m Alia Shoaib, Reporter
Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

Personal Tax Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

3m Alia Shoaib, Reporter
Rent-a-room relief – the survey says…

Personal Tax Rent-a-room relief – the survey says…

4m Helen Thornley, ATT Technical Officer
What should the OTS prioritise in its review of inheritance tax?

Personal Tax What should the OTS prioritise in its review of inheritance tax?

6m Alia Shoaib, Reporter
LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

7m Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

8m Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

9m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

9m Emma Rawson, ATT Technical Officer