13 days ago
KTAR News
LONDON (AP) — U.K. Prime Minister Rishi Sunak opened an investigation Monday into allegations that the chairman of the governing Conservative Party settled a multimillion-dollar unpaid tax bill while he was in charge of the country’s Treasury. Party chairman Nadhim Zahawi has acknowledged a dispute with tax authorities over shares in YouGov, a polling company he co-founded. The BBC and other British media reported that the tax bill, including a fine, came to almost 5 million pounds ($6.2 million). Last year, it was revealed his wife Akshata Murthy didn’t pay U.K. tax on her overseas income, including 11.5 million pounds a year in dividends from Infosys, the Indian IT company founded by her father. U.K. prime ministers aren’t required to publish their tax returns, but Sunak has promised that he will do so in the interests of transparency.
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