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2 May 7:56am

Sports Direct under scrutiny from EU tax authorities over VAT bills

The Guardian
Disagreements centre on firm controlled by Sports Direct founder Mike Ashley’s brother Sports Direct is in talks with tax authorities in the European Union that could lead to settlements related to a controversial deal between billionaire founder Mike Ashley and his brother. Documents filed at the high court reveal that Sports Direct, since renamed Frasers Group, came under scrutiny in Ireland, France and Finland, over an arrangement that involved it paying VAT in the UK on all of its sales to customers overseas over a seven-year period.
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