Magic can't save 'Harry Potter' star Rupert Grint from a $2.3 million tax bill
- Posted on November 30, 2024
- By Yahoo News
- 2 Views
Magic can't save 'Harry Potter' star Rupert Grint from a $2.3 million tax bill
Former “Harry Potter” film actor Rupert Grint faces a 1.8 million-pound ($2.3 million) bill after he lost a legal battle with the tax authorities. Grint, who played Ron Weasley in the magical film franchise, was ordered to pay the money in 2019 after H.M. Revenue and Customs, the U.K. tax agency, investigated his tax return from seven years earlier. The agency said Grint had wrongly classed 4.5 million pounds in residuals from the movies — money from DVD sales, TV syndication, streaming rights and other sources — as a capital asset rather than income, which is subject to a much higher tax rate.