Ad: BlueJ Better Tax Answers. -Accomplish hours of research in seconds -Instantly draft high-quality communications -Verify answers using a library of trusted tax content. Learn more

ABBA Tax Woes

AbbaInteresting Associated Press story:  Tax Woes for ABBA Star Bjorn Ulvaeus, by Louise Nordstrom:

Swedish tax officials want former ABBA star Bjorn Ulvaeus to pay $2.1 million for undeclared royalties from the supergroup’s hits dating back decades. It is the second time the Swedish Tax Authority has claimed the 61-year-old singer dodged taxes by not declaring millions in royalties going back decades, officials said Thursday. Victor Palm, a tax official, said the former star was "paying less tax" than he should, adding that the authorities suspect royalty payments to Ulvaeus were made to companies operating in foreign tax havens.

(Hat Tip:  Robert Packard.)


About the Author

Ad: BlueJ Better Tax Answers. Blue J's generative AI tax research solution is transforming how tax experts work. Learn more.
Ad: TaxAnalysis Award of Distinction. Honoring those that have made outstanding contributions to the field of taxation.
Information and rates on advertising on TaxProf Blog

Discover more from TaxProf Blog

Subscribe now to keep reading and get access to the full archive.

Continue reading