Bernie B*tch Slapped HMRC?

[vetran]

Bernie Ecclestone accused of biggest ever personal tax dodge - Telegraph

New documentary claims HMRC did a secret deal with Bernie Ecclestone allowing him to settle a £2 billion tax dispute with a payment of £10 million
By Martin Evans, Crime Correspondent7:30AM BST 28 Apr 2014 Comments36 Comments
The Inland Revenue made a secret deal with Bernie Ecclestone allowing him to settle a £2 billion tax bill for just £10 million, it has been alleged.
HMRC spent nine years investigating the tax affairs of the Formula One supremo and his family after he transferred a large portion of his assets to his then wife Slavica in 1996.
The money was later transferred into one of the Ecclestone family trusts based in Liechtenstein.
Mr Ecclestone always denied having any control over the trusts, but admitted his tax liability would have been in excess of £2 billion if it could be shown he had some involvement in the funds.
It has now emerged that after splitting from his 6ft 2in second wife in 2009, Mr Ecclestone has been receiving payments from her worth £60 million a year.

hey BP does ex Mrs BP pay you £60 million a year?

[VectraMan]

From the Beeb:

Panorama's investigation goes back to 1995 when Mr Ecclestone secured ownership of the lucrative TV rights of Formula 1.
Shortly afterwards he moved this prize asset offshore, giving the rights to his then wife, Slavica.
She transferred them to a family trust in Liechtenstein, before selling them for a huge profit, free of UK tax.
It may be the biggest individual tax dodge in British history, and is legally watertight provided Mr Ecclestone did not set up, or control, the trust.
If he had done, Mr Ecclestone has admitted, he could have faced a tax bill of more than $2bn - or £1.2bn.

As always you have to point the finger of blame at the people who make the rules that allow this sort of thing.