ABBA star to fork out millions
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Bjorn Ulvaeus allegedly evades taxes again
ABBA star Bjorn Ulvaeus has been ordered by the Swedish Tax Authority to pay $2.1 million in back taxes.
The STA is saying Ulvaeus dodged taxes dating back decades by not declaring royalties earned. Authorities say that the royalties were paid into foreign accounts, reports Fox News.
It’s the second incident of alleged unpaid taxes for Ulvaeus, who last year was pursued for $13 million dollars to the STA to pay tax on contracts signed in Sweden prior to his move to the UK in 1984.
The contracts in question supposedly gave up his rights to royalties from ABBA songs and the musical ‘Chess’, but officials alleged Ulvaeus still had access to the money. The tax office has since reduced its claim to $9.5 million.
--By our New York staff.
Find out more about NME.
The STA is saying Ulvaeus dodged taxes dating back decades by not declaring royalties earned. Authorities say that the royalties were paid into foreign accounts, reports Fox News.
It’s the second incident of alleged unpaid taxes for Ulvaeus, who last year was pursued for $13 million dollars to the STA to pay tax on contracts signed in Sweden prior to his move to the UK in 1984.
The contracts in question supposedly gave up his rights to royalties from ABBA songs and the musical ‘Chess’, but officials alleged Ulvaeus still had access to the money. The tax office has since reduced its claim to $9.5 million.
--By our New York staff.
Find out more about NME.
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