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Home›Global Markets›Trade & Tariffs›Wealth watchdog disputes claims David Reuben quit the…

Wealth watchdog disputes claims David Reuben quit the UK for Monaco

TaxWatch challenged reports that David Reuben relocated full time to Monaco ahead of potential wealth taxes in the UK budget, saying it contradicts the claimed timeline.

Reported · Written up by our desk · Trade & Tariffs

The Guardian Business reports that TaxWatch disputed claims that billionaire David Reuben quit the UK and moved full time to Monaco in connection with potential wealth tax changes in an upcoming budget.

The outlet says the Sunday Times had reported Reuben had left his London home in Holland Park to live in Monaco, and that the reports raised concerns about a possible broader super-rich exodus.

The Guardian Business adds that TaxWatch’s research contradicts those claims about Reuben’s departure and questions broader stories suggesting wealth could drain from the UK following the move.

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Sources

Guardian Business‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left

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