Bono: U2 tax affairs 'in line with Irish policy'

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Independent - Laura Butler, 9/23/13

 

Bono meets a mother at an antenatal clinic in Accra on a recent visit to Ghana

 

BONO has given his most comprehensive defence of U2's controversial decision to move their business overseas, to legitimately avoid paying tax.

The band, whose accumulated net worth is €805m, moved their publishing arm to the Netherlands in 2006 after the tax exemption for artists was capped at €250,000.

More: Independent.ie

 

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