Yasin Faces Multi-Million Tax Penalty for Private Expenses

Yasin is hit by a significant tax blow. According to Aftonbladet, which refers to the News Agency Siren, his production company is being claimed for millions.

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Yasin Faces Multi-Million Tax Penalty for Private Expenses
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The rapper's economy has been examined in detail by the Tax Authority, which has looked at transfers, expenses and receipts from the production company Nomad Empire for the period May 2022–April 2024.

It is noted that the expenses are mainly about branded clothing and foreign travel – but considers that it is a matter of private costs and that it therefore cannot be a question of tax deductions.

The sum of the reasoning becomes 1.1 million kronor in employer contributions plus 175,000 kronor in tax surcharges.

"Your business lacks the need for specially adapted protective clothing. The clothes you bought from fashion stores such as Prada, Gucci, Burberry, Louis Vuitton, Moss Bros, Balmain, Hugo Boss, Dior, Dolce & Gabbana, Moncler, Yves Saint Laurent, Diesel and Levi Strauss are branded clothing sold to consumers for private use”, the Tax Authority writes in the decision.

Other things that have been rejected by the Tax Authority as deductible are a diamond ring for 166,000 kronor. Nomad Empires had a turnover of 4.7 million kronor in 2024.

Yasin is booked for Trädgården festival in Kristianstad on Saturday, his first gig in several years.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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