Sweden goes after ABBA star
Swedish tax officials want former ABBA star Bjorn Ulvaeus to pay $2.1 million for undeclared royalties from the supergroup’s hits dating back decades.
It is the second time the Swedish Tax Authority has claimed the 61-year-old singer dodged taxes by not declaring millions in royalties going back decades, officials said Thursday.
Victor Palm, a tax official, said that authorities suspect royalty payments to Ulvaeus were made to companies operating in foreign tax havens.
Ulvaeus’ financial advisor wasn’t immediately available for comment.
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