By CCN: Billionaire bitcoin mining investor Frank Timis ranks among Romania’s wealthiest citizens and Britain’s richest residents. A blockbuster investigation into his personal finances reveals that, despite his life of staggering luxury, he paid less than $50 in income tax in 2017. Billionaire Bitcoin Mining Tycoon Gets Richer – And Pays Barely Any Taxes A BBC report exposed Frank Timis’s personal tax return from 2017, revealing that he had paid just £35.20 (around $44) in income tax, despite renting a £14,000-a-month penthouse and spending “thousands” dining in London’s finest restaurants. The billionaire, who has made a name in the crypto
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Source: https://www.ccn.com/billionaire-bitcoin-frank-timis-tax