Lakshmi Mittal Quits UK for Switzerland and Dubai: Naïa Island, Labour’s Tax Shock and the New Billionaire Flight
Lakshmi N Mittal, longtime London resident and ArcelorMittal chairman, has shifted his tax residence to Switzerland and will spend more time in Dubai, according to media reports. The move comes days before the UK government is set to announce a budget expected to increase taxes on the ultra-wealthy, following the abolition of the non-dom tax regime.
