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Hamilton named in massive 'Paradise Papers' leak!

Lewis Hamilton's name has appeared in the massive batch of 'Paradise Papers' released on Sunday, which reveal secrets of the world's elite hidden wealth. The documents allege that Hamilton used offshore entities to shelter himself from the payment of a hefty value added tax bill estimated at £3.27 million and associated with the purchase and ownership of his private jet, a Bombardier CL605 Challenger. The 2017 world champion acquired the aircraft in 2013 through a series of offshore companies domiciled in the British Virgin Islands, Guernessy and the Ile of Man, subsequently escaping taxes. Lavish Hamilton tries to curb his spending Hamilton left the United Kingdom years ago upon reaching...
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7y ago from F1i.com 0
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