Gary Glitter plans move to Ireland to avoid tax on £5million fortune
London, Sept 8 (ANI): English rock and pop singer Gary Glitter is planning on moving to Ireland in order to avoid his five-million pounds fortune from being taxed.
For him, moving to Ireland would mean that he would not have to pay income tax, as according to the Irish law artists are exempted from it.
With there being no official ban on foreign travel for Glitter, he can easily cross the Irish Sea and live a free life as there is no court-ordered supervision also.
As per Glitter's lawyer, Giovanni Di Stefano, the 64-year-old pop singer is making the move to avoid media scrutiny and to save his money.
"If he goes to the South of Ireland he will pay no tax whatsoever because under their system artists and sports people like jockeys are exempt," the Daily Star quoted Di Stefano as saying.
"His earnings would be classed under what they call 'historical artistic earnings'.
"He can't be taxed as these earnings are what are known as 'residuals' - he has not worked in the last seven years," he added.
Restrictions put on him mean he only has to tell police if he plans to travel outside Britain for over three days or spend more than seven days away from home.
If he does not inform the police, he could be jailed for up to five years.
Amazingly his lawyer claimed that after some well-publicised child abuse cases involving priests in Ireland, Glitter would not be a major cause for concern.
"He will probably be left alone over there," Di Stefano added. (ANI)
Read More: Ireland | South Goa | South Civil Lines | Tirupati South So | Puttur South So | Banaganapalle South Tso | Dt.court | Vijayapuri South | Triplicane South | Teynampet South | Padi South | South Malayambakkam | Madipakkam South | Bikaram English | Rajapur English | Bihta English | Daily | Prasadi English | Lond | Mangalhat English | Dhanaw English | English | Benta South S.o
Why did Neil Nitin Mukesh and Sonal Chauhan part ways?
May 25, 2013 at 11:46 AM
3 DIED AND 1 INJURED IN CAR -TRUCK MISHAP
May 25, 2013 at 11:34 AM
CRITICS CALL PREITY___S FILM CLICH__ BUT FANS GIVE HER THUMBS UP
May 25, 2013 at 11:21 AM