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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.
A person with non-domiciled status, sometimes called a 'non-dom', is a person living in the United Kingdom who is considered under British law to be domiciled (i.e. with their permanent home) in another country. Tax status is determined by residence and domicile; nationality is irrelevant.
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 has been awarded the National Newspaper of the Year in 1995, 1996, 1998, 2001, 2003, 2011, 2016 and 2019 [128] by the British Press Awards. Daily Mail journalists have won a range of British Press Awards, including: "Campaign of the Year" (Murder of Stephen Lawrence, 2012) "Website of the Year" (Mail Online, 2012)
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Labour has had to come up with new plans after the Government adopted its policy of scrapping ‘non-dom’ tax exemptions. ... Mail. 24/7 Help. For premium support please call:
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The new owner immediately proceeded to cut costs, starting with the dismissal of seven of Channel 5's nine directors, beginning a drive to eliminate "£20m of yearly expenses". The stated plan included the dismissal of up to 80 of the network's 300 employees. [70] Desmond also significantly increased the programming budget.