Lakshmi Mittal May Exit UK as Non-Dom Tax Regime Ends
28 Mar 2025 16:40 PM IST
Steel tycoon Lakshmi Mittal is reportedly considering leaving the UK due to the abolition of the non-dom tax regime. The new rules, effective April 2025, will tax foreign income, prompting many wealthy individuals to relocate. Mittal is exploring options like Dubai, Switzerland, and Italy to benefit from favorable tax policies.