Category Archives: Bono

Lithuanian company linked to Bono fined after Paradise Papers revelations

Company agrees to pay €53,000 in back taxes following investigation, as U2 frontman ends his minority investment

A Lithuanian company linked to the U2 frontman Bono has agreed to pay €53,000 (£47,000) in back taxes and a fine following an investigation prompted by the Paradise Papers.

The Irish singer, whose real name is Paul Hewson, was a passive minority investor in a Malta-based company which bought a shopping centre in north-eastern Lithuanian via a holding company in the country called Nude Estates 2.

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Source: gad