Diamond Member Pelican Press 0 Posted December 1 Diamond Member Share Posted December 1 This is the hidden content, please Sign In or Sign Up Magic can’t save ‘Harry Potter’ star Rupert Grint from US$2.3M tax bill – National By Staff The Associated Press Posted December 1, 2024 9:27 am Updated December 1, 2024 9:28 am 1 min read Descrease article font size Increase article font size Former “Harry Potter” film actor Rupert Grint faces a 1.8 million-pound (US$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. Get daily National news Get the day’s top news, political, economic, and current affairs headlines, delivered to your inbox once a day. 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.” Trending Now Cucumbers sent to several provinces recalled over salmonella concerns End Canada Post strike now, chambers of commerce urge feds Story continues below advertisement 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. More on World More videos © 2024 The ********* Press This is the hidden content, please Sign In or Sign Up #Magic #save #Harry #Potter #star #Rupert #Grint #US2.3M #tax #bill #National 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/178905-magic-can%E2%80%99t-save-%E2%80%98harry-potter%E2%80%99-star-rupert-grint-from-us23m-tax-bill-%E2%80%93-national/ Share on other sites More sharing options...
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