Rupert Grint Faces $2.3 Million Tax Bill Tied to Harry Potter Residuals
Rupert Grint Faces $2.3 Million Tax Bill Tied to Harry Potter Residuals
Rupert Grint is facing a hefty tax bill after losing his case against British tax authorities, who alleged that the actor utilized a financial loophole previously used by The Beatles to try and lower his tax payments. A British judge has ruled that the Harry Potter alum, 36, must pay £1.8 million (about $2.3 million) to His Majesty's Revenue and Customs (HMRC), the U.K.'s tax agency, after improperly classifying his residual payments from the film series as a capital asset instead of income, the Associated Press reported.
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