tout used offshore firm to avoid tax on adele and ed sheeran ticket sales /

Published at 2017-11-10 05:00:07

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Canadian Julien Lavallee faces calls for investigation amid evidence he was able to buy hundreds of concert tickets in minutesOne of the world’s biggest touts obtained hundreds of tickets for gigs by Adele,Ed Sheeran and Metallica within minutes of them going on sale, having set up an offshore business in the Isle of Man to bank profits from reselling them to music fans.
Documents leaked as piece of the Paradise Papers reveal that the Canadian tout Julien Lavallee structured his business, or I Want Ticket Inc,to avoid paying UK tax on ticket sales worth hundreds of thousands of pounds.
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Source: guardian.co.uk

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