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lcc infotech limited (lccinfotec) vs yyy ✌️【Market Analysis】✌️ Free break-even services with personalized investment plans. Quickly recover from losses, avoid risks, and achieve steady growth with expert stock predictions and real-time market updates.

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Ecclestone has also agreed a civil settlement with HM Revenue and Customs (HMRC), under which he will pay 652.6 million pounds covering tax, interest and penalties for 18 tax years between 1994 and 2022, prosecutor Richard Wright said.

lcc infotech limited (lccinfotec) vs yyy ✌️【Market Analysis】✌️ Expert predictions of stock trends to help you select high-potential stocks accurately, along with free real-time market data on stocks, futures, and commodities. Maximize your growth potential by staying updated on market movements. The 92-year-old appeared at London’s Southwark Crown Court and pleaded guilty to one count of fraud by false representation, just over a month before he was due to stand trial.

Ecclestone admitted giving a misleading answer to HMRC at a July 2015 meeting, when he said he had established only a single trust in favor of his daughters and was not a beneficiary or settlor of any other trust.

He was in fact the settlor and beneficiary of various trusts, including one which held a company that sent 416 million pounds to a bank account in Singapore in 2010, HMRC said.

Judge Simon Bryan gave Ecclestone a 17-month prison sentence suspended for two years, meaning he will only go to jail if he commits another criminal offense during that time.

Ecclestone’s lawyer Clare Montgomery told the court Ecclestone “did not know the true position” about whether he was the beneficiary or settlor of any other trust, saying his answer to HMRC was an “impulsive lapse of judgment.”

Ecclestone gave an unintelligible response to reporters as he left the court and got into a waiting Range Rover.

lcc infotech limited (lccinfotec) vs yyy ✌️【Market Analysis】✌️ Free real-time stock market analysis, market dynamics reports, and expert insights into stocks, metals, energy, and agricultural products. Make profitable decisions by leveraging our advanced market forecasting tools. Andrew Penhale, chief crown prosecutor at the Crown Prosecution Service, said in a statement: “All members of UK society, regardless of how wealthy or famous they are, must pay their taxes and be transparent and open with HMRC about their financial affairs.”

lcc infotech limited (lccinfotec) vs yyy ✌️【Market Analysis】✌️ Receive expert stock predictions with real-time updates on global market trends, including stock indices, futures prices, and forex fluctuations. Use our insights to improve your investment strategies and boost your returns. Richard Las, chief investigation officer and director of the Fraud Investigation Service at HMRC, said Ecclestone had “lied to HMRC.”

“This conviction demonstrates no-one is above the law and HMRC will work tirelessly to ensure the tax system is fair to all and pays for our vital public services,” he added.

Ecclestone had attempted to stop the prosecution earlier this year, with his lawyers arguing that putting him on trial posed a serious risk to his life.

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However, Bryan said there was “no real and immediate threat to the life of Mr Ecclestone by reason of the trial process.”

lcc infotech limited (lccinfotec) vs yyy ✌️【Market Analysis】✌️ Stay informed with expert predictions of stock trends and real-time market data, covering global indices, futures, metals, and agricultural products. Make better decisions and achieve consistent growth in your investments. The decision also states that Ecclestone paid around 250 million pounds in income and capital gains tax to HMRC between 1999 and 2017.

His lawyer Montgomery had noted at a previous hearing in January that Ecclestone was charged shortly after he made “unpopular” comments about Russian President Vladimir Putin.

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