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by TheaGood
on 2/5/15





George Soros 'could face up to $7 BILLION tax bill, after delaying payment for years'

Loophole that was eventually closed in 2008 allowed taxes on fees paid by clients in his hedge fund to be reinvested
Billions of dollars were made by deferring the payment of fees and by moving assets abroad to Ireland
The technique will come to a close in 2017 leaving Soros with a bill to pay
Billionaire is estimated to be worth more than $24billion

http://www.dailymail.co.uk/news/article-3065025/George-Soros-face-7B-tax-bill-delaying-payment-years.html