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Tuesday, April 15, 2025
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Tag: super-rich

Crackdown looms for India’s super-rich tax avoiders

NEW DELHI: Lamborghini rolled out its new $580,000 supercar onto the streets of India this month, but local millionaires tempted to buy the flashy convertible could hit a bump in the road thanks to the taxman.

Luxembourg opens art freeport to lure super-rich

LUXEMBOURG: Private banking hub Luxembourg sought to lure more wealthy investors on Wednesday by opening a high-security center designed to look like a jewel box, where collectors can store and trade valuables without paying customs or sales tax.
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