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Steel Baron LNM May Leave UK Over Tax Curbs: Report
Mint New Delhi
|March 29, 2025
This places Mittal among a growing number of wealthy foreign residents leaving UK in response to the tax reforms
Steel magnate Lakshmi Mittal, a long-time UK resident, is considering leaving the country in response to the impending abolition of the so-called 'non-dom' tax regime, according to a Financial Times (FT) report.
Mittal, also known as LNM, whose family fortune is estimated at £14.9 billion (₹1.65 trillion), is reportedly exploring his options following the Labour government's decision to end the tax arrangement that allowed 'non-domiciled' UK residents to avoid paying taxes in the UK on their foreign income and gains.
यह कहानी Mint New Delhi के March 29, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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