Case No. RS20D03594
Family Court

Case No. RS20D03594

Fecha: 29-Mar-2022

£ 3,551,912

£85,219,69146.Over and above these figures, in the broadest of terms, there are bank and investments of approximately £123 million, the majority of which is held in trust, although the Husband does have funds worth just over £10 million in his own name. Finally, there are business assets of £27 million. There is, of course, the potential tax outlined above that the Husband asserts I should deduct from these figures. There seven main quantification disputes that I will have to resolve. They are, broadly, as follows:-(a)The appropriate deduction for tax liabilities in relation to the enquiry by the tax authority in country X;(b)The Husband’s assertion that I should deduct income tax payable on the basis that all the assets are removed from the Trusts by way of dividend for use by the Husband;(c)The treatment of the interest on the DEF Inc loan notes;(d)The future costs of the Children Act proceedings;(e)The treatment of the loan to Child A to purchase a home;(f)The inclusion by the Wife in her schedule of the value of the Trust for the children;(g)Two relatively small loans made by JR’s estate and a trust belonging to KR to the IR Holding Trust.