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Lakshmi Mittal leaves UK over 'inheritance tax', now a Swiss resident, claims report
  • UK News

Lakshmi Mittal leaves UK over ‘inheritance tax’, now a Swiss resident, claims report

Cs news9 months ago9 months ago04 mins

Lakshmi Mittal is believed to have left UK over higher taxes, a report claimed. Indian-origin steel industry tycoon Lakshmi Mittal has left the UK and now lives in Switzerland, the Sunday Times reported, blaming the inheritance tax of the Labor government for a mass exodus of the richest. Chancellor Rachel Reeves who is expected to…

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The Economic Times
  • UK News

Steel tycoon Lakshmi Mittal quits UK ahead of proposed taxes on super-rich: Report

Cs news9 months ago9 months ago06 mins

Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and a regular on the country’s richest billionaires tally, has decided to quit the UK as the Labour Party-led government’s feared tax shake-up for the super-rich nears, according to a UK media report on Sunday. Rajasthan-born Mittal is a resident in Switzerland for tax…

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