Diamond Member Pelican Press 0 Posted November 30 Diamond Member Share Posted November 30 This is the hidden content, please Sign In or Sign Up Magic can’t save ‘Harry Potter’ star Rupert Grint from a $2.3 million tax bill LONDON (AP) — Former “Harry Potter” film actor Rupert Grint faces a 1.8 million-pound ($2.3 million) bill after he lost a legal battle with the tax authorities. Grint, who played Ron Weasley in the magical film franchise, was ordered to pay the money in 2019 after H.M. Revenue and Customs, the U.K. tax agency, investigated his tax return from seven years earlier. The agency said Grint had wrongly classed 4.5 million pounds in residuals from the movies — money from DVD sales, TV syndication, streaming rights and other sources — as a capital asset rather than income, which is subject to a much higher tax rate. Lawyers for Grint appealed, but after years of wrangling a tribunal judge ruled against the actor this week. Judge Harriet Morgan said the money “derived substantially the whole of its value from the activities of Mr. Grint” and “is taxable as income.” Grint, 36, starred in all eight Harry Potter films between 2001 and 2011 as the boy wizard’s best friend, and is calculated to have earned around 24 million pounds from the role. He previously lost a separate court battle over a 1 million pound tax refund in 2019. This is the hidden content, please Sign In or Sign Up #Magic #save #Harry #Potter #star #Rupert #Grint #million #tax #bill This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/178286-magic-can%E2%80%99t-save-%E2%80%98harry-potter%E2%80%99-star-rupert-grint-from-a-23-million-tax-bill/ Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now