The joke didn’t work: Rupert Grint tried to hide Harry Potter’s income from taxes

The joke didn’t work: Rupert Grint tried to hide Harry Potter’s income from taxes

A frame from the movie “Harry Potter and the Chamber of Secrets”

Rupert Grint, known for his role as Ron Weasley in the Harry Potter films, must pay a large sum of money to the tax authorities. The actor tried to hide his income from the franchise.

The Associated Press writes that the celebrity will have to pay the equivalent of 250 million rubles. We are talking about profits from television screenings and DVD sales of eight Harry Potter-related films. Grint attempted to reduce his taxable income through a shell company he established in 2011. As of March 2023, its capital was over 3.6 billion in rubles.

Rupert Grint. Photo: Getty Images

After the tax authorities drew attention to the situation, Grint’s lawyers tried to challenge this decision in court. It was not possible to object to the claim. Tax authorities realized that Grint was trying to exploit the same loophole used by the legendary The Beatles in the 60s. To pay much lower capital gains tax instead of income tax, they formed a company and sold the music rights to it.

Grint maintains that he doesn’t care much about his own finances. According to him, the player’s father was making the decisions. Grint made his big screen debut in 2001 with Harry Potter and the Philosopher’s Stone, which began shooting shortly after he was 12 years old. Playing Ron in all the next seven films, Grint earned almost 4 billion rubles.

Source: People Talk

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