UK Going after Andrew Tate for Tax Evasion

[pixbix]

Source :



Andrew has recently found himself in a precarious situation as he is now sought after in England for alleged tax evasion. He boasted online about how he successfully evaded the scrutiny of the English IRS, claiming that they had left him alone. Living in Romania, Andrew and his associates often referenced their tax residency in England, even though they primarily resided elsewhere. This raised questions, especially as they purchased multiple vehicles registered with English license plates. Why he did that? I don't know.

The reasoning behind their choice of English plates remains unclear, but it seemed to serve their narrative of maintaining ties to England while minimizing their tax responsibilities. However, their actions have caught up with them; authorities are now pursuing civil litigation against Andrew and his associates to recover millions of euros in lost tax revenue.

This unfolding situation highlights the complexities of international tax law and the repercussions of attempting to exploit loopholes in the system, as I am very sure he applied more tricks than those conffsed online . As Andrew faces potential legal charges, his earlier bravado appears to be waning, leaving him to reckon with the consequences of his decisions.

 

[HeinzKetchup69]

pixbix said:
Source :



Andrew has recently found himself in a precarious situation as he is now sought after in England for alleged tax evasion. He boasted online about how he successfully evaded the scrutiny of the English IRS, claiming that they had left him alone. Living in Romania, Andrew and his associates often referenced their tax residency in England, even though they primarily resided elsewhere. This raised questions, especially as they purchased multiple vehicles registered with English license plates. Why he did that? I don't know.

The reasoning behind their choice of English plates remains unclear, but it seemed to serve their narrative of maintaining ties to England while minimizing their tax responsibilities. However, their actions have caught up with them; authorities are now pursuing civil litigation against Andrew and his associates to recover millions of euros in lost tax revenue.

This unfolding situation highlights the complexities of international tax law and the repercussions of attempting to exploit loopholes in the system, as I am very sure he applied more tricks than those conffsed online . As Andrew faces potential legal charges, his earlier bravado appears to be waning, leaving him to reckon with the consequences of his decisions.
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He has almost unlimited cash flow and assets, he can fight HMRC in court until he's 99 years old. Or settle for a few millions and be over with it... If he only kept his mouth shut. The least wise rich man on the internet today.

 

[jafo]

"When they call it 'tax evasion' but forget who the real thieves are..."

 

[wellington]

pixbix said:
Source :



Andrew has recently found himself in a precarious situation as he is now sought after in England for alleged tax evasion. He boasted online about how he successfully evaded the scrutiny of the English IRS, claiming that they had left him alone. Living in Romania, Andrew and his associates often referenced their tax residency in England, even though they primarily resided elsewhere. This raised questions, especially as they purchased multiple vehicles registered with English license plates. Why he did that? I don't know.

The reasoning behind their choice of English plates remains unclear, but it seemed to serve their narrative of maintaining ties to England while minimizing their tax responsibilities. However, their actions have caught up with them; authorities are now pursuing civil litigation against Andrew and his associates to recover millions of euros in lost tax revenue.

This unfolding situation highlights the complexities of international tax law and the repercussions of attempting to exploit loopholes in the system, as I am very sure he applied more tricks than those conffsed online . As Andrew faces potential legal charges, his earlier bravado appears to be waning, leaving him to reckon with the consequences of his decisions.
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If its just civil then they can declare bankruptcy

 

[Monchip]

wellington said:
If its just civil then they can declare bankruptcy
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Can you get rid of tax debt for bankruptcy?

 

[daniels27]

Monchip said:
Can you get rid of tax debt for bankruptcy?
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In the UK yes, but they will seize all assets.

 

[Monchip]

daniels27 said:
In the UK yes, but they will seize all assets.
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What if he has no more assets to seize there? Are they going to try to get his offshore stuff?
I don't know if someone would believe the Tates are bankrupt after all the money they say they have online.

 

[daniels27]

Monchip said:
What if he has no more assets to seize there? Are they going to try to get his offshore stuff?
I don't know if someone would believe the Tates are bankrupt after all the money they say they have online.
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Is there are relevant treaties, they would enforce court orders in those jurisdictions.

 

[wellington]

daniels27 said:
Is there are relevant treaties, they would enforce court orders in those jurisdictions.
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UK Gov are claiming 22m in tax evasion, Romania stating he declared micro accounts.

He doesn't have billions, or even hundreds of millions.

 

[Monchip]

daniels27 said:
Is there are relevant treaties, they would enforce court orders in those jurisdictions.
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I see so they can seize his stuff abroad too. I didn't know that was a thing.
I guess he would be better just trying to settle that debt.

wellington said:
UK Gov are claiming 22m in tax evasion, Romania stating he declared micro accounts.

He doesn't have billions, or even hundreds of millions.
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Yes. It's still a lot of money and I just don't understand how they didn't catched him till now.

 

[ilke]

wellington said:
UK Gov are claiming 22m in tax evasion, Romania stating he declared micro accounts.
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The UK's claims are somewhat strange because he was purpotedly resident in Romania during these periods.

But who knows if he deregistered from the UK properly or what he did before the immense success with HU/TRW.

wellington said:
He doesn't have billions, or even hundreds of millions.
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Well, he did not use Romanian entities for the activity, the only associated local company he used was for holding the transformed warehouse in which he resides - it would make sense for that to be a micro enterprise since it did not earn revenue.

Otherwise, invoicing is done solely by US LLCs and Corporations (probably makes more sense seeing as they are both US citizens being taxed on global income there anyway) and it was also done by 2 Polish LLCs; those don't seem to be listed anymore tho. Unfortunately the Polish CEIDG system is under maintenance now, so can't really get more info about the state of those entities.