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Billionaire's Monaco move over UK wealth tax claim disputed
Original: ‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left
Billionaire David Reuben has been cited as among the super-rich leaving the UK because of a potential wealth tax, claiming residence in Monaco. But TaxWatch says Reuben had already left the country long before the tax debate, contradicting reports of a wealthy exodus. The findings raise questions about the evidence behind claims that Britain's richest people are fleeing proposed tax changes.
Why now: Claims of a super-rich exodus from the UK over a proposed wealth tax are being challenged by new research.
David ReubenTaxWatchMonacoUnited Kingdom
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Evidence
- ‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left · The Guardian
TaxWatch contradicts claims about David Reuben’s departure and questions stories of super-rich exodus
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