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Showing posts with label income tax. Show all posts
Showing posts with label income tax. Show all posts
Sunday, October 02, 2016
Sunday, August 08, 2010
THE SUNDAY TELEGRAPH: The career of Denmark's left-wing opposition leader is on the line after most Danes did not believe her claims that Stephen Kinnock, her husband, had not deliberately evaded the country's high taxes.
Helle Thorning-Schmidt, leader of Denmark's Social Democrats has seen her position as favourite to become the country's prime minister in elections next year take a hit after a scandal over misleading tax returns.
The daughter-in-law of Lord Kinnock, the former Labour leader, cut short her summer holidays last week after it emerged the couple gave differing accounts to the authorities over how much time he spent in the country.
Mrs Thorning-Schmidt, who is nicknamed "Gucci" for her love of expensive clothes, made a property conveyance declaration to the justice ministry that Mr Kinnock spent all his weekends in Denmark in order for him to become the joint owner of their home but in a separate declaration, the tax authorities were told that Mr Kinnock did not spend any more than 33 weekends a year in the country[.] >>> Bruno Waterfield | Sunday, August 08, 2010
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Saturday, June 26, 2010
THE TELEGRAPH: The son of the former Labour leader, Lord Kinnock, is being investigated in Denmark over allegations of tax evasion.
Stephen Kinnock, who has a home in Copenhagen, is facing accusations that he is attempting to avoid the country's high tax rates.
The scandal has jeopardised his wife's political future as leader of Denmark's opposition Social Democrats.
Helle Thorning-Schmidt, the Danish opposition leader, has now agreed to have her family finances examined by Denmark's Skat tax inspectors in an attempt to clear their name.
Mr Kinnock works and pays tax in Switzerland on a reported income of £110,000 as the World Economic Forum's director of Europe and Central Asia.
The Swiss federal tax rate is just 15 per cent whereas in Denmark, the most taxed country in the world, income taxation can be as high as 63 per cent.
Mrs Thorning-Schmidt has insisted Mr Kinnock has no choice but to pay his taxes in Switzerland, where he works, an argument that has been widely challenged in the Danish media. "We have obeyed the rules," she said.
Mike Legarth, an MP for the right-wing Danish People's Party, has disputed Mrs Thorning-Schmidt's claim that her husband is forced to pay low Swiss taxes rather than the much higher Danish rates.
"We cannot live with a potential prime minister receiving preferential treatment. Everyone should have the same treatment," he said. >>> Bruno Waterfield | Saturday, June 26, 2010
Thursday, March 04, 2010
Wednesday, January 21, 2009
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