FCA investigates Wise co-founder after tax default
by Jasper Jolly from World news | The Guardian on (#60SS6)
Kristo Kaarmann was included on HMRC's list of deliberate tax defaulters in September 2021
The UK's financial regulator is investigating the co-founder of payments company Wise after he failed to pay his taxes.
Kristo Kaarmann was included on HM Revenue and Customs' list of deliberate tax defaulters in September 2021, after failing to comply with his tax obligations. He failed to pay 720,495 for the 2017-18 tax year and received a fine of 366,000, the tax authority said.
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