The $35 Million Chalet a Russian Tycoon Can’t Prove He Owns
- French tax officials made Malkin pay 3% tax on value of chalet
- Billionaire Makhmudov had same problem with Côte d’Azur villa
Tourists on ski ride down a slope in the French Alps ski resort of Courchevel.
Photographer: Jean-Pierre Clatot/AFP via Getty Images
Vitaly Malkin can’t prove he owns a luxury ski chalet in France’s Courchevel region. But the Russian businessman still has to pay the taxes on it.
After a four-year court battle, Malkin, a former Russian senator, was ordered by a French court earlier this month to pay a $1.7 million tax bill on the chalet, which has been valued at 31.7 million euros ($35 million).
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The $35 Million Chalet a Russian Tycoon Can’t Prove He Owns