Abramovich dodged millions in taxes with a superyachts-for-hire scheme, investigation reveals

Corriere Della Sera

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Tax evasion built on a series of apparently fictitious charters of its superyachts

Liberation

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The Russian oligarch is implicated in a new data leak from the International Consortium of Investigative Journalists.

La Repubblica

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The partners of the Bureau of Investigative Journalism have drawn on “Cyprus Confindential” data, which have uncovered the dark side of money transfers on the island, to understand how the tycoon managed to circumvent the tax authorities. Also in Italy. And the BBC talks about a possible additional billion pounds due to the treasury for Chelsea

Digi 24

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An investigation by The Guardian, BBC, Bureau of Investigative Journalism, Der Spiegel and ZDF has revealed how an offshore scheme helped companies owned by Russian oligarch Roman Abramovich avoid tens of millions of dollars in taxes. The details were revealed in the Cyprus Confidential documents, the biggest leak of information from the Mediterranean island's offshore financial industry.

Novinky.cz

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Russian multibillionaire Roman Abramovich liked to invite celebrities and famous football players to his expensive yachts. After 2000, he bought five luxury yachts. Among them is the 162.5-meter Eclipse for $700 million, at one time the largest private yacht in the world. However, he did not want to pay VAT on the purchase of the yachts or the fuel for them, so he fictitiously rented the yachts out to several companies that he actually controlle…

The Telegraph

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Roman Abramovich ‘dodged millions in tax by renting out superyachts’, reports claim

Roman Abramovich allegedly dodged potentially tens of millions of euro in tax by renting out his superyachts to himself, according to an investigation.