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Date: 2 months ago   Category: Finances

France demands 1,2 million euros taxes on Abramovich


Roman Abramovich.
According to Bloomberg, the court has considered that the billionaire has underestimated the manor in French Riviera and has to pay off with tax administration. The businessman claims that Roman Abramovich has enclosed in Château de la Croë of 150 million euros. Photo: Vyacheslav taxes force to pay in addition Roman Abramovich's Prokofiev/TASS in France. The court of cassation has put the end to a long-term lawsuit of the Russian billionaire with tax administration, Bloomberg writes. He has obliged to pay Abramovich 1,2 million euros for his Château de la Croë in French Riviera. Claims to Abramovich have been based that, according to the French authorities, he has underestimated the manor in the declaration and, thus, has underpaid the property tax in 2006 and 2007. Abramovich argued with the French tax administration concerning calculation of tax base, saying that in years that the country house belongs to him, he has invested in her in total 150 million euros. The authorities objected to it that then considerable tax deductions were already provided to him. The most part of this manor which was once belonging to the Greek shipowner Aristotle Onassis has burned down in the 70th years of the last century. And since then it stood thrown until it, according to some data, for 30 million dollars was bought by Abramovich. Now many consider him the smartest in the region. Natalya Kopayeva is a journalist of the electronic edition "Lazurny Den" "Abramovich has bought her in due time, she was in bad condition, he has made some smart repair there. Château de la Croë — one of the known historical country houses in French Riviera — is in one of prestigious areas. During the summer period when he stays here, respectively come to him if it is some Cannes Film Festival, then there can arrive some stars Hollywood. He comes on the yacht, and paparazzi try to learn there: whether he has some lady on the yacht or not". To justify decrease in taxable base, it is necessary to present in tax confirmation of real expenses. What it isn't always possible to make as wealthy Russian owners often pay builders "vcherny", the local judicial expert in the real estate Steve Rebyo says. Steve Rebyo the judicial expert in the real estate "This structure is in rather confidential place. The only thing that I know, is that this huge manor on several hectares of the earth in one of the most private places of French Riviera — the Cap д' Антиб. The French tax administrations state that its declared cost considerably is underestimated. From what can be understood the owner is protected, saying that his declaration is justified as when he has acquired this property, she was in the terrifying state. And he had to carry out very considerable repair work to bring her to a present state". The tax administration estimates the cost of Château de la Croë, proceeding from the cost of the similar structures which are nearby. For example, "Willa Fyorentina" in whom at various times there lived family Kennedy, Elizabeth Taylor, Greta Garbo, and which at the end of 2004

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