Russian oligarch Roman Abramovich faces tax evasion accusations over his luxury yachts.

Russian oligarch Roman Abramovich is accused of evading millions in taxes through a scheme involving his luxury yachts. Documents suggest he falsely classified his yachts as commercial vessels to avoid VAT on purchases and operational costs. Though his lawyers claim he followed legal advice and denies personal responsibility, investigators say the scheme amounts to tax evasion.

2 months ago
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