London Mayor to Pay 'Six-Figure' American Tax BillThe TelegraphJan. 22, 2015 |
Boris Johnson has finally agreed to pay a huge tax bill to the US government ahead of his visit to America, despite previously insisting he would not bow to the “absolutely outrageous" demand. The London mayor, who was born in New York and holds a US as well as a British passport, has said he will pay the unsettled capital gains tax bill, thought to be in the region of £100,000. His decision will ensure that his visit to Boston, New York and Washington next month - intended to drum up investment for London - is not overshadowed by questions about his tax affairs. |