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He has non-domicile (non-dom) tax status and owns his media businesses through a complex structure of offshore holdings and trusts. [3] According to the International Business Times: The Daily Mail owner did not deny claiming tax concessions as "non-dom", though he insisted this was because his father had lived in France.
Daily Mail and General Trust (DMGT) is a British multinational media conglomerate, the owner of the Daily Mail and several other titles. The 4th Viscount Rothermere is the chair and controlling shareholder of the company. [1] The head office is located in Northcliffe House in Kensington, London.
The Daily Mail recorded average daily sales of 980,000 copies, with the Mail on Sunday recording weekly sales of 878,000. [5] In August 2022, the Daily Mail wrote in support of Liz Truss in the July–September 2022 Conservative Party leadership election, [110] calling her chancellor's mini-budget "a true Tory budget" that September. [111]
(Reuters) -The founding family and leading investor in the publisher of Britain's Daily Mail newspaper is considering taking the group private in a $1.1 billion deal as part of a break-up of the ...
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The issue of non-doms came to public attention in 2010, and led to the passage of Constitutional Reform and Governance Act 2010, which provided, among other things, that a person not domiciled in the UK could not serve in the House of Lords. Some non-domiciled Lords gave up their seats in order to maintain their tax status. [4]
After buying Express Newspapers, Desmond became embroiled in a feud with Viscount Rothermere, publisher of the Daily Mail, the rival to the Daily Express, largely derived from stories relating to Rothermere's private life. [17] The Evening Herald reported in 2003 that Desmond was using the Express as a vehicle for his racist views. Once, when ...