Lithuanian company linked to Bono fined after Paradise Papers revelations

Company agrees to pay €53,000 in back taxes following investigation, as U2 frontman ends his minority investment

A Lithuanian company linked to the U2 frontman Bono has agreed to pay €53,000 (£47,000) in back taxes and a fine following an investigation prompted by the Paradise Papers.

The Irish singer, whose real name is Paul Hewson, was a passive minority investor in a Malta-based company which bought a shopping centre in north-eastern Lithuanian via a holding company in the country called Nude Estates 2.

Continue reading…


This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Post