CVC CEO Warns of Tax Move
This is a London news story, published by Yahoo Finance (Canada), that relates primarily to Rob Lucas news.
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overseas incomeTelegraph
•Reeves tax crackdown will drive away talent, says private equity chief
84% Informative
Rob Lucas , chief executive of CVC Capital , said higher taxes could prompt executives to move abroad.
The Chancellor is eyeing a change to taxes paid on capital gains and overseas income earned by non-doms.
Mr Lucas said the amount of tax paid by CVC ’s wealthy non-British partners and staff who have come to London for work would play a role in their decisions.
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