"Human settlement". Tinkov - about the end of the dispute with the US tax authorities

Billionaire Oleg Tinkov called "humane" the terms of the settlement of the dispute with the US tax. This is stated in the statement of the businessman, which he conveyed through his representative, writes Forbes.

“The last two years have been very difficult for me and my family. Therefore, it is especially important for me that this story is now left behind. I am extremely grateful that we managed to reach a humane settlement of the issue with the US authorities, and I regret what happened, ”Tinkov emphasized.

On Friday, October 29, a Northern California court approved the settlement agreement between Tinkov and the US tax authorities, RBC reports with reference to the decision of Judge John Tygar, made at a court hearing, which was broadcast on Zoom. The judge noted that he considers a sentence without a real term acceptable because of Tinkov's medical condition - if he was sentenced, the businessman could die in prison. During the year, the billionaire will be under supervision.

• Under the settlement agreement reached in September, Tinkov must pay $ 506 million. He pleaded guilty. On October 6, the US court agreed to accept $448.9 million from the businessman.
• The claims against Tinkov became known in March 2020. According to the US Department of Justice, when he renounced his American citizenship in 2013, he hid $ 1 billion in income and assets from the US authorities and did not pay taxes. He faced up to six years in prison.

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The year 2020 was full of dramatic events for Tinkov: in addition to persecution in the United States, an illness, a failed sale of the business to Yandex, which could have become the deal of the year in Russia, and for Tinkov, the largest in his entire career. The Bell wrote about how he became a hostage of American justice, tried to sell a business and rethought the entrepreneurial experience.